Try Quests to earn cryptoLUNA Distribution, Mvmt II
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. Many stablecoins (such as UST, KRT, GBT, EUT, and others) exist on Terra that reflect the value of real-world fiat currencies. The demand for these distinct stablecoins is being driven by a variety of application cases. LUNA is Terra's native token. Mirror, which makes synthetic assets available everywhere, and Anchor, a savings protocol that allows consumers to earn 20% APY on their UST, are currently the two most active decentralized apps operating on Terra. The chart below shows the distribution of the price of the LUNA token over time and its stats!!!