Terra: Stablecoins that track the price of fiat currencies.

Luna: The Terra protocol’s native staking token that absorbs the price volatility of Terra.

First find out why we burn Luna and how that happens.

We burn Luna to mint Terra and Burn Terra to mint Luna hmmm but why??

Terra docs explains this really good take a look at the screenshot taken from docs.terra.money.

So both Luna and Ust(terra stablecoin) is connected and whenever one of them get worse they help each other to recover.

Luna burn speed up with the change of UST supply as we can see from the visual

Biggest Luna burn happens in feb 24 right after UST supply made a new peak