LUNA is the native token of Terra, is developed by the Terraform Labs.
Luna is founded by entrepreneur and investor Daniel Shin
The aim of the Terra blockchain was to create stablecoins
The Terra protocol offers multiple stablecoins tied to different currencies
After Columbus-5 mainnet upgrade LUNA made all time high of $49.45 on 4h October
The new blockchain is taking the same Terra name and its native cryptocurrency is going under the ticker LUNA
Before the crash of May 2022, there was a limit of one billion LUNA coins in circulation
Luna tokens are also used for staking and governance of the project
Terra is offering 20% interest on UST
The Terra blockchain ranks in the top five in terms of revenue
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