What is in Dashboard

⭐ What is Terra Luna 2.0 ?

⭐ How does Terra LUNA 2.0 work ?

⭐ Luna Price and Market Cap Trend

⭐ Luna Transactions Trend

⭐ Luna Users Trend

What is Terra Luna 2.0 ?

Terra 2.0 is the most recent version of Terra (LUNA), which is what Do Kwon has devised as a regeneration strategy. The goal is to propose a fork of the Terra blockchain and an airdrop to crypto investors whom the recent market downturn has impacted. The main goal is to restore trust in this stablecoin through the Terra ecosystem's new venture.

Terra 2.0's policy occasionally issues additional LUNA tokens to crypto investors who purchased more than 10,000 LUNA before the catastrophic harm to this stablecoin. It will help to keep Terra 2.0 from being sold right away. More than 300% of crypto investors' LUNA tokens will be unlocked at once, with the remaining 70% issued over two years. These crypto investors will receive the new Terra 2.0 tokens after six months. \n

How does Terra LUNA 2.0 work ?

To validate transactions on the Terra 2.0 cryptocurrency blockchain, a typical proof-of-stake (PoS) consensus mechanism is used. A total of 130 validators engage in network consensus at any given moment, with voting privileges determined by the quantity of LUNA 2.0 connected to each node. Gas fees and a 7% fixed yearly LUNA 2.0 inflation rate are used to produce rewards.

By delegating LUNA 2.0 tokens to a validator of their choice, LUNA 2.0 token holders participate in consensus. Validators, like delegates, frequently put up their own stake. Therefore, before awarding prizes to delegators, the validation node keeps a commission in this scheme.

The incentives generated by Terra 2.0 coin delegators differ, depending on the voting power of the validators. That being said, those with more voting power naturally earn more rewards, but they must be dispersed among a wider pool of delegators.

Delegating can be done using the Terra Station interface, but be warned that it comes with a risk. For instance, validators can be penalized for misbehaving, resulting in staked LUNA 2.0 being sliced. Slashing can happen even if the validators are mistakenly turned off for a brief time.

1 → Luna Price and Market Cap Trend

> # 🔎Observation

✔️ It can be observed from the weekly chart that all open, average, min and max prices of LUNA show similar trends during this period.

✔️ The price of LUNA has decreased from May to August 2022.

✔️ However, after August the LUNA price trend is increasing.

✔️ It can be observed that the price of LUNA at the end of the week shows a rather similar trend as the open price.

✔️ The close price decreased from May to August 2022, then after August, the LUNA close price trend is increasing.

> # 🔎FİNDİNGS

It can be concluded that overall LUNA market cap shows a decreasing trend.

2 → Luna Transactions Trend

> # 🔎Observation

✔️ These charts show the LUNA transactions and transactions volume as well as LUNA transaction fees since May 2022.

✔️ LUNA transactions and transactions volume show an overall decreasing trend after May 2022.

✔️ However, a very sharp peak for LUNA transactions and transactions volume can be observed on 8 September (about 15.4 transactions and 46.7M transactions volume). The max transaction fees also are recorded on the 8th and 9th of September (about 369 and 219.5). These unusual events might be related to whales.

3 → Luna Users Trend

> # 🔎Observation

✔️These charts show the LUNA users (senders and receivers) trend since May 2022.

✔️LUNA users show an overall decreasing trend after May 2022.

✔️However, a very sharp peak for LUNA users can be observed on the 8th and 9th of September (8 Sep: 853 receivers and 1020 senders/9 Sep: 2016 receivers and 3644 senders). Again it can be concluded that this unusual event as well as the unusual LUNA users trend between 20 August to 15 September 2022 might be related to whales.

✔️Here we represent some metrics for the total LUNA users since May 2022 as follows:

✔️Total senders: 147.1K

✔️Total receivers: 84.5K

METHODOLOGY

✔️ In this dashboard, I examined what's going on in LUNA, aka LUNA 2.0.

✔️ I use ==terra.oracle_prices== , ==luna_price== , ==terra.classic.dim_daily_balances== , ==terra.core.fact_transactions== table.

✔️ First of all, I explained what Terra LUNA 2.0 is and how it works.

✔️ Then, I examined what is happening in LUNA 2.0 under the headings such as LUNA's Market Cap and Price Trend, LUNA Trading Trend, and LUNA User Trend.