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# Uncertain or Outdated Information: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) Markten

#	Instrument	Beurs	Referentiescore	Prijs	24u Verandering	24u Volume	24u Handel	24u Opening	24u Hoogste
1	LUNC-USDT LUNCUSDT	binance	AA	0.0₄4452USDT	0.11%	13,811,665,257.99LUNC	17,986	0.0₄4447USDT	0.0₄4525USDT
2	LUNC-TRY LUNCTRY	binance	AA	0.002211TRY	0.05%	7,545,505,103.00LUNC	2,179	0.002210TRY	0.002242TRY
3	LUNC-USDT LUNC_USDT	whitebit	BB	0.0₄4499USDT	1.10%	3,939,657,452.00LUNC	7,036	0.0₄4450USDT	0.0₄4536USDT
4	LUNC-USD LUNAUSD	kraken	AA	0.0₄4502USD	-0.09%	1,373,983,586.90LUNC	480	0.0₄4506USD	0.0₄4573USD
5	LUNC-USDT LUNC-USDT	kucoin	BB	0.0₄4411USDT	0.23%	514,332,368.61LUNC	1,164	0.0₄4401USDT	0.0₄4480USDT
6	LUNC-USDT LUNCUSDT	bybit	A	0.0₄4494USDT	0.13%	362,786,737.70LUNC	330	0.0₄4488USDT	0.0₄4554USDT
7	LUNC-USD LUNC_USD	cryptodotcom	AA	0.0₄4446USD	-0.38%	328,568,000.00LUNC	308	0.0₄4463USD	0.0₄4517USD
8	LUNC-USDC LUNCUSDC	binance	AA	0.0₄4450USDC	0.07%	246,962,627.55LUNC	804	0.0₄4447USDC	0.0₄4512USDC
9	LUNC-USDT LUNC_USDT	gateio	A	0.0₄4458USDT	0.25%	181,360,175.60LUNC	446	0.0₄4447USDT	0.0₄4525USDT
10	LUNC-USDT LUNCUSDT_SPBL	bitget	BB	0.0₄4461USDT	0.29%	172,441,186.00LUNC	401	0.0₄4448USDT	0.0₄4521USDT
11	LUNC-EUR LUNAEUR	kraken	AA	0.0₄4001EUR	-1.43%	19,722,441.21LUNC	13	0.0₄4059EUR	0.0₄4059EUR
12	LUNC-USDC LUNC-USDC	kucoin	BB	0.0₄4394USDC	0.14%	7,217,003.93LUNC	56	0.0₄4388USDC	0.0₄4475USDC
13	LUNC-USDT lunc_usdt	lbank	C	0.0₄4455USDT	0.16%	38,524,487,235.01LUNC	83,786	0.0₄4448USDT	0.0₄4522USDT
14	LUNC-USDT LUNC_USDT	p2pb2b	D	0.0₄4452USDT	0.11%	10,374,381,885.07LUNC	16,094	0.0₄4447USDT	0.0₄4525USDT
15	LUNC-USDT LUNC_USDT	coinw	-	0.0₄4462USDT	0.29%	4,005,390,638.60LUNC	4,931	0.0₄4449USDT	0.0₄4516USDT
16	LUNC-USDT lunc_usdt	xtpub	-	0.0₄4452USDT	0.09%	2,071,556,998.00LUNC	3,782	0.0₄4448USDT	0.0₄4523USDT
17	LUNC-USDT LUNCUSDT	mexc	C	0.0₄4455USDT	0.16%	2,075,233,787.20LUNC	3,241	0.0₄4448USDT	0.0₄4520USDT
18	LUNC-THB THB_LUNA	bitkub	C	0.001520THB	-0.39%	1,556,671,126.05LUNC	573	0.001526THB	0.001547THB
19	LUNC-USDT LUNC-USDT	bingx	D	0.0₄4454USDT	0.11%	1,070,579,936.00LUNC	6,244	0.0₄4449USDT	0.0₄4523USDT
20	LUNC-EUR LUNA-EUR	bitvavo	B	0.0₄3935EUR	-0.18%	1,021,534,184.65LUNC	138	0.0₄3942EUR	0.0₄4008EUR
21	LUNC-USDT LUNC_USDT	bydfi	-	0.0₄4454USDT	0.18%	806,675,701.65LUNC	2,262	0.0₄4446USDT	0.0₄4520USDT
22	LUNC-USDT LUNC-USDT	bigone	-	0.0₄4457USDT	0.27%	786,378,303.00LUNC	4,653	0.0₄4445USDT	0.0₄4524USDT
23	LUNC-USDC LUNCUSDC	mexc	C	0.0₄4450USDC	0.14%	566,010,072.37LUNC	1,452	0.0₄4444USDC	0.0₄4510USDC
24	LUNC-USDC LUNC_USDC	p2pb2b	D	0.0₄4450USDC	0.07%	243,425,505.84LUNC	803	0.0₄4447USDC	0.0₄4512USDC
25	LUNC-USDC LUNC_USDC	bydfi	-	0.0₄4446USDC	0.14%	133,705,541.32LUNC	1,435	0.0₄4440USDC	0.0₄4506USDC
26	LUNC-IDR luncidr	indodax	E	0.8198IDR	-0.60%	98,298,045.00LUNC	222	0.8248IDR	0.9200IDR
27	LUNC-USDT LUNCUSDT	bitrue	D	0.0₄4454USDT	0.16%	78,011,091.61LUNC	1,246	0.0₄4447USDT	0.0₄4525USDT
28	LUNC-USDT luncusdt	huobipro	C	0.0₄4320USDT	-1.71%	7,757,597.37LUNC	14	0.0₄4395USDT	0.0₄4472USDT
29	LUNC-USDT luncusdt	indodax	E	0.0₄4600USDT	3.09%	6,170,199.57LUNC	7	0.0₄4462USDT	0.0₄4600USDT
30	LUNC-USDT LUNCUSDT	latoken	D	0.0₄4577USDT	0.00%	0LUNC	0	0.0₄4577USDT	0.0₄4577USDT
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-BTC LUNCBTC	hitbtc	E	0.0₉6100BTC	0.00%	0LUNC	0	0.0₉6100BTC	0.0₉6100BTC
34	LUNC-BTC LUNCBTC	bequant	C	0.0₉6100BTC	0.00%	0LUNC	0	0.0₉6100BTC	0.0₉6100BTC
35	LUNC-INR LUNCINR	bitbns	-	0.001000INR	0.00%	0LUNC	0	0.001000INR	0.001000INR
36	LUNC-USDT sLUNCUSDT	phemex	C	0.0₄4446USDT	-0.20%	5,604.01LUNC	5,411	0.0₄4455USDT	0.0₄4530USDT
37	LUNC-USDT LUNC_USDT	poloniex	C	0.0₄3009USDT	0.00%	0LUNC	0	0.0₄3009USDT	0.0₄3009USDT
38	LUNC-USDT LUNC_USDT	bitunix	C	0.0₄6013USDT	0.00%	0LUNC	0	0.0₄6013USDT	0.0₄6013USDT