The currency code for Terra is LUNA. Below, you'll find Terra rates and a currency converter. You can also subscribe to our currency newsletters with daily rates and analysis, read the Xe Currency Blog, or take LUNA rates on the go with our Xe Currency Apps and website.
Terra is an open-source blockchain platform for algorithmic stablecoins, that are pegged against traditional fiat. Luna, the native token of the blockchain network Terra has scaled a new all-time high of $90, extending gains for the four straight months, and defying the weakness in the broader altcoins market.
Risks in Using Terra
Crypto Currencies are associated with a high level of risk, as they are volatile, not time-tested, and currently under no regulation or legislation. There have been incidents of online Crypto wallets being compromised by hackers leading to large scale theft.
Chainlink was created in 2017 by Sergey Nazarov and Steve Ellis, who co-authored a white paper introducing the Chainlink protocol and network with Cornell University professor Ari Juels the same year. Chainlink acts as a "bridge" between a blockchain and off-chain environments. The network, which services smart contracts, was formally launched in 2019.
For more information we encourage you to visit the links below.
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