Luna token

luna token

What is the wrapped Luna token price today?

Hold BNB on Binance And Get 25% Off Trading Fees. The live Wrapped LUNA Token price today is $64.20 USD with a 24-hour trading volume of $61,816,103 USD. We update our WLUNA to USD price in real-time.

How many Luna tokens does Terra have?

Terra has a supply of 1 billion tokens. If this number is exceeded, LUNA is burned until it returns to the equilibrium supply level. New LUNA tokens are minted through the protocols algorithm, as needed, in order to maintain the price of Terra stablecoins.

What is Terra Luna (wluna)?

Terra Luna is a native platform token on the Terra blockchain, while Wrapped Luna is a derivative token existing on Ethereum. WLUNA tracks the price of Terra Luna using algorithmic incentive processes. Whenever the price of either asset varies, arbitrage traders will come in to profit from the price difference.

What happened to Terra Agora’s Luna token?

Following the collapse of Terra’s peg to US dollars last week, and the subsequent demise of its native token LUNA, which fell from $87.68 to the current $0.0002 level, Kwon officially confirmed a collaborative plan of action with the Terra community. Do Kwon’s post on the Terra Agora forum details the recovery plan’s short-term timeline.

What is the market cap of wrapped Luna token?

Wrapped LUNA Tokens market cap currently sits at 0 USD, holding up for a market cap rank at #2851. The volume were at $21,785,715.62 USD Wrapped LUNA Token ranks no 2851 in the market capitalization of Wrapped LUNA Token is at 0 and its volume for 24 hours is $21,785,715.62.

Whats the smart contract address for wrapped Luna token (Pos)?

Whats the smart contract address for Wrapped LUNA Token (PoS)? Wrapped LUNA Token (PoS) s smart contract address is 0x24834bbec7e39ef42f4a75eaf8e5b6486d3f0e57.

What currencies can be paired with the wluna?

Today, almost every fiat currency has been paired with the WLUNA, including WLUNA to PHP, WLUNA to INR, WLUNA to NGN, WLUNA to THB, WLUNA to CAD, WLUNA to PKR, WLUNA to IDR , WLUNA to EUR , WLUNA to AUD , WLUNA to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.

What are the levels of support and resistance for wrapped Luna?

Based on todays classical pivot point (P1) with the value of $ 32.76, Wrapped LUNA Token has support levels of $ 31.03, $ 29.82, and the strongest at $ 28.09. Similarly, Wrapped LUNA Token resistance levels are at $ 33.97, $ 35.70, and $ 36.91..

How Many Terra (LUNA) Coins Are There in Circulation? Terra has a supply of 1 billion tokens. If this number is exceeded, LUNA is burned until it returns to the equilibrium supply level. New LUNA tokens are minted through the protocols algorithm, as needed, in order to maintain the price of Terra stablecoins.

What happens to Luna tokens when they reach their maximum supply?

Terras native token, LUNA, is used to stabilize the price of the protocols stablecoins. LUNA holders are also able to submit and vote on governance proposals, giving it the functionality of a governance token. Who Are the Founders of Terra? Terra was founded in January 2018 by Daniel Shin and Do Kwon.

Will Terra Luna ever reach $1?

What is Terra (Luna)?

Terra’s native currency, LUNA, is utilized for staking, governance, and collateral for the network’s algorithmic stablecoins. Holders of LUNA coins can stake their tokens to gain incentives and use their weight to vote on ecosystem governance initiatives. LUNA has a 1 billion coin supply that is constantly changing.

What is wrapped Luna (wluna)?

What is Wrapped Luna (WLUNA)? Wrapped Luna (WLUNA) is an Ethereum token that’s intended to represent Terra (LUNA) on the Ethereum blockchain. It is not LUNA, but rather a separate ERC-20 token that’s designed to track LUNA’s value.

How did Terraluna drive the price of wluna in 2021?

As the price of WLUNA is directly correlated to LUNA, the token’s 2021 success was driven by developments in the TerraLuna ecosystem.

Could a terra Luna burn help the Luna recovery?

A Luna burn of its supply is just one proposed idea to help the Luna recovery, but could it happen? With the Luna crypto crash seeing the Luna circulating supply skyrocket to over 6.5 trillion coins, several holders want to see a Terra Luna burn to decrease this supply and potentially increase its value.

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