Terra Luna Classic lunc

LUNA terra-luna|c|luna is the native cryptocurrency of Terra Blockchain. Terra also has a suite of stablecoins, notably UST, whose value is equal to the US Dollar. 1 UST = 1 US Dollar Terra targets the Decentralized Finance or #DeFi sector, where financial services like borrowing and lending can be done without a central authority

TerraForm Labs (TFL), headquartered in Singapore, is the creator of the Terra Blockchain. TerraForm Labs was created by South Korean entrepreneurs, Do Kwon and Daniel Shin. Do Kwon, a Stanford graduate, is the current CEO of TFL. Before TFL, Do Kwon was the founder and CEO of Anyfi, a telecommunications company. Kwon has also been listed in Forbes’ “30 Under 30.”

Top reasons to invest in Terra: 1. Terra's stablecoin UST has been growing rapidly and currently ranks 4th in the stablecoin category 2. As UST adoption increases, LUNA should increase its price due to its unique mint to burn mechanism. To create 1 UST, $1 worth of LUNA has to be burned/removed from the supply. 3. LUNA can be staked(locked) to receive income through staking rewards. It is currently around 8-10% as of March 2022. 4. Through its entity LFG, Terra is buying Bitcoin to secure the $1 peg of UST. They plan to be the biggest holder of Bitcoin. 5. LUNA has been the top performer of 2021 due to UST Stablecoin adoption