What is LUNC (Luna Classic)?

LUNC, formerly known as Luna, is the original token of the Terra blockchain, which was re-branded as Terra Classic following the Terra community's governance proposal 1623. This was in response to the UST depegging incident. The original chain continues to function, albeit with market swaps (mint/burn function) disabled, and LUNC represents this legacy chain.

LUNC serves as the native staking asset of the Terra Classic network. It's used for securing the Proof of Stake (PoS) network and for participating in governance proposals. Despite the depegging incident and creation of a new Terra chain, LUNC maintains its utility in the Terra Classic ecosystem. It acts as collateral for the Terra Classic stablecoins and accrues rewards from transaction fees on the network.

LUNC, a component of the Terra blockchain ecosystem, was not attributed to specific individual creators. However, the Terra community significantly influenced its development, particularly after the UST depegging incident. This involvement included voting on governance proposals, which resulted in the re-branding and the establishment of a new blockchain. The Terra ecosystem itself was co-founded by Do Kwon and Daniel Shin.

# Additional Information:

* The Terra Classic stablecoins (e.g., USTC, KRTC, EUTC) also underwent rebranding alongside LUNC. * CryptoCompare adapted their data tracking to reflect the changes in LUNC and the new LUNA. * Terra’s overarching goal is to build a new financial infrastructure, with a focus on algorithmically stabilized stablecoins pegged to various fiat currencies. * The Terra stablecoin family, part of the original Terra ecosystem, aimed to maintain stability through an adaptive money supply mechanism.

# Uncertain or Outdated Information:

* The current operational status and market relevance of LUNC might need further investigation, especially considering the dynamic nature of the cryptocurrency market and the impact of the UST depegging event. * The future roadmap or updates for LUNC and the Terra Classic network, post-rebranding, are not detailed here and would be worth researching for the latest developments.

Terra Classic (LUNC) Pasar

#	Instrumen	Bursa	Skor Tolok Ukur	Harga	Perubahan 24j	Volume 24j	Trading 24j	Pembukaan 24j	Tertinggi 24j
1	LUNC-USDT LUNCUSDT	binance	AA	0.0₄4520USDT	-1.55%	20,181,364,326.30LUNC	21,416	0.0₄4591USDT	0.0₄4633USDT
2	LUNC-TRY LUNCTRY	binance	AA	0.002245TRY	-1.32%	9,894,705,689.00LUNC	3,133	0.002275TRY	0.002294TRY
3	LUNC-USDT LUNC_USDT	whitebit	BB	0.0₄4559USDT	-0.72%	3,502,345,801.00LUNC	6,247	0.0₄4592USDT	0.0₄4650USDT
4	LUNC-USD LUNAUSD	kraken	AA	0.0₄4615USD	-0.88%	2,084,301,055.58LUNC	581	0.0₄4656USD	0.0₄4692USD
5	LUNC-USDT LUNC-USDT	kucoin	BB	0.0₄4455USDT	-1.59%	1,872,229,397.08LUNC	2,840	0.0₄4527USDT	0.0₄4563USDT
6	LUNC-USDT LUNCUSDT	bybit	A	0.0₄4570USDT	-1.10%	678,150,449.30LUNC	647	0.0₄4621USDT	0.0₄4660USDT
7	LUNC-USDC LUNCUSDC	binance	AA	0.0₄4515USDC	-1.57%	606,689,889.28LUNC	782	0.0₄4587USDC	0.0₄4627USDC
8	LUNC-USDT LUNCUSDT_SPBL	bitget	BB	0.0₄4528USDT	-1.24%	546,657,710.00LUNC	484	0.0₄4585USDT	0.0₄4633USDT
9	LUNC-USDT LUNC_USDT	gateio	A	0.0₄4520USDT	-1.55%	538,863,067.90LUNC	1,082	0.0₄4591USDT	0.0₄4630USDT
10	LUNC-USD LUNC_USD	cryptodotcom	AA	0.0₄4512USD	-0.42%	415,501,000.00LUNC	1,076	0.0₄4531USD	0.0₄4661USD
11	LUNC-EUR LUNAEUR	kraken	AA	0.0₄4154EUR	-0.12%	167,274,708.27LUNC	48	0.0₄4159EUR	0.0₄4169EUR
12	LUNC-USDC LUNC-USDC	kucoin	BB	0.0₄4460USDC	-1.20%	17,072,367.84LUNC	90	0.0₄4514USDC	0.0₄4543USDC
13	LUNC-USDT lunc_usdt	lbank	C	0.0₄4521USDT	-1.76%	41,296,031,295.22LUNC	84,318	0.0₄4602USDT	0.0₄4627USDT
14	LUNC-USDT LUNC_USDT	p2pb2b	D	0.0₄4517USDT	-1.61%	11,768,586,473.04LUNC	15,311	0.0₄4591USDT	0.0₄4632USDT
15	LUNC-USDT LUNC_USDT	coinw	-	0.0₄4528USDT	-1.39%	5,164,576,794.32LUNC	4,788	0.0₄4592USDT	0.0₄4626USDT
16	LUNC-USDT LUNCUSDT	mexc	C	0.0₄4520USDT	-1.53%	3,137,807,300.30LUNC	3,642	0.0₄4590USDT	0.0₄4630USDT
17	LUNC-USDT lunc_usdt	xtpub	-	0.0₄4520USDT	-1.55%	2,986,553,133.00LUNC	3,848	0.0₄4591USDT	0.0₄4633USDT
18	LUNC-THB THB_LUNA	bitkub	C	0.001546THB	-0.45%	2,388,935,682.86LUNC	988	0.001553THB	0.001589THB
19	LUNC-USDT LUNC-USDT	bingx	D	0.0₄4522USDT	-1.52%	1,215,728,759.00LUNC	6,917	0.0₄4592USDT	0.0₄4632USDT
20	LUNC-USDT LUNC_USDT	bydfi	-	0.0₄4525USDT	-1.42%	952,098,858.06LUNC	2,365	0.0₄4590USDT	0.0₄4630USDT
21	LUNC-EUR LUNA-EUR	bitvavo	B	0.0₄4009EUR	-1.53%	821,160,327.43LUNC	229	0.0₄4071EUR	0.0₄4110EUR
22	LUNC-USDT LUNC-USDT	bigone	-	0.0₄4518USDT	-1.48%	574,316,139.80LUNC	4,693	0.0₄4586USDT	0.0₄4634USDT
23	LUNC-USDC LUNCUSDC	mexc	C	0.0₄4516USDC	-1.53%	556,217,561.19LUNC	1,502	0.0₄4586USDC	0.0₄4625USDC
24	LUNC-USDC LUNC_USDC	p2pb2b	D	0.0₄4522USDC	-1.42%	507,424,576.82LUNC	736	0.0₄4587USDC	0.0₄4627USDC
25	LUNC-USDC LUNC_USDC	bydfi	-	0.0₄4516USDC	-1.50%	131,195,049.11LUNC	1,449	0.0₄4585USDC	0.0₄4624USDC
26	LUNC-USDT LUNCUSDT	bitrue	D	0.0₄4526USDT	-1.46%	109,781,796.93LUNC	1,543	0.0₄4593USDT	0.0₄4632USDT
27	LUNC-USDT luncusdt	huobipro	C	0.0₄4461USDT	0.59%	33,570,938.83LUNC	59	0.0₄4435USDT	0.0₄4577USDT
28	LUNC-IDR luncidr	indodax	E	0.8394IDR	3.00%	14,422,860.00LUNC	50	0.8149IDR	0.8400IDR
29	LUNC-USDT LUNCUSDT	latoken	D	0.0₄4577USDT	0.00%	0LUNC	0	0.0₄4577USDT	0.0₄4577USDT
30	LUNC-USDT LUNC_USDT	poloniex	C	0.0₄3045USDT	0.00%	562,490.00LUNC	4	0.0₄3045USDT	0.0₄3045USDT
31	LUNC-USDT LUNCUSDT	hitbtc	E	0.0₄3786USDT	0.00%	0LUNC	0	0.0₄3786USDT	0.0₄3786USDT
32	LUNC-USDT LUNCUSDT	bequant	C	0.0₄3786USDT	0.00%	0LUNC	0	0.0₄3786USDT	0.0₄3786USDT
33	LUNC-USDT luncusdt	indodax	E	0.0₄4524USDT	0.09%	376,853.78LUNC	4	0.0₄4520USDT	0.0₄4524USDT
34	LUNC-BTC LUNCBTC	hitbtc	E	0.0₉6100BTC	0.00%	0LUNC	0	0.0₉6100BTC	0.0₉6100BTC
35	LUNC-BTC LUNCBTC	bequant	C	0.0₉6100BTC	0.00%	0LUNC	0	0.0₉6100BTC	0.0₉6100BTC
36	LUNC-INR LUNCINR	bitbns	-	0.001000INR	0.00%	0LUNC	0	0.001000INR	0.001000INR
37	LUNC-USDT sLUNCUSDT	phemex	C	0.0₄4513USDT	-1.85%	7,223.33LUNC	5,513	0.0₄4598USDT	0.0₄4639USDT
38	LUNC-USDT LUNC_USDT	bitunix	C	0.0₄6013USDT	0.00%	0LUNC	0	0.0₄6013USDT	0.0₄6013USDT