Terra Classic Ecosystem Coins
30 coins #37| | Coins | | | ||
|---|---|---|---|---|---|
| | |||||
| | 1 | | $ | -5.93% | |
| | 2 | | $ | -0.00% | |
| | 3 | | $ | -6.55% | |
| | 4 | | $ | -5.03% | |
| | 5 | | $ | -7.47% | |
| The coins below are ranked lower due to missing data. Learn more | |||||
| | 6 | | $ | -8.97% | |
| | 7 | | $ | +0.00% | |
| | 8 | | $ | --% | |
| | 9 | | $ | -3.35% | |
| | 10 | | $ | -8.60% | |
| | 11 | | $ | -3.93% | |
| | 12 | | $ | -7.53% | |
| | 13 | | $ | -4.98% | |
| | 14 | | $ | +2.27% | |
| | 15 | | $ | -8.21% | |
| | 16 | | $ | +1.39% | |
| | 17 | | $ | +0.26% | |
| | 18 | | $ | --% | |
| | 19 | | $ | --% | |
| | 20 | | $ | --% | |
| | 21 | | $ | --% | |
| | 22 | | $ | --% | |
| | 23 | | $ | --% | |
| | 24 | | $ | --% | |
| | 25 | | $ | --% | |
| | 26 | | $ | --% | |
| | 27 | | $ | --% | |
| | 28 | | $ | --% | |
| | 29 | | $ | -27.36% | |
| | 30 | | $ | --% | |
Trending Terra Classic Ecosystem Coins
| Coins | Price | 24h | |
|---|---|---|---|
| | | $ | -5.03% |
| | | $ | -5.93% |
| | | $ | -6.55% |
| | | $ | -0.00% |
| | | $ | -7.47% |
Top gainers
| Coins | | | |||
|---|---|---|---|---|---|
| | | $ | -0.00% | ||
| | | $ | -5.03% | ||
| | | $ | -5.93% | ||
| | | $ | -6.55% | ||
| | | $ | -7.47% | ||
| All gainers | |||||
What Is the Terra Classic Ecosystem?
The Terra Classic ecosystem refers to the original Terra blockchain that launched in 2018, powered by the LUNA token (now called LUNC) and its algorithmic stablecoin UST (now USTC). After the collapse of UST in May 2022, Terra split into two: Terra 2.0 (LUNA) and Terra Classic (LUNC). Terra Classic remains active, maintained by its community, with ongoing governance, token burning, and dApp activity.
Quick Facts
- Origins / launch: Terra was created by Terraform Labs in 2018; Terra Classic is the original chain maintained post-UST collapse in 2022.
- Native token: LUNC — used for staking, governance, fees, and community-driven token burning.
- Stablecoin: USTC (formerly UST) — once pegged to USD, now depegged but still traded.
- Consensus: Delegated Proof of Stake (DPoS), with validators securing the chain via LUNC staking.
- Governance: Entirely community-led since 2022; on-chain proposals shape protocol updates, burns, and funding.
Terra Classic Projects & Services You Should Know
- dApps & DeFi: Early protocols like Anchor Protocol and Mirror Finance are no longer active, but smaller projects continue to deploy on Terra Classic.
- Community initiatives:
- Burn campaigns: Exchanges and the community actively burn LUNC to reduce supply.
- Development funding: The community pool funds developers who maintain the chain and build new utilities.
- Wallets & explorers:
- Terra Station (Classic) remains the main wallet and governance hub.
- Explorers like Terra Finder and Terra Classic Station provide transaction visibility.
- Bridges & interoperability: IBC connections to Cosmos chains have been intermittently restored, allowing limited cross-chain token flows.
Benefits
- Community-driven revival: Decentralized governance gives holders direct influence over the ecosystem’s future.
- Active token burning: Aimed at reducing LUNC supply and restoring tokenomics balance.
- Cosmos SDK base: Offers interoperability and developer familiarity with Cosmos tooling.
- Speculative activity: LUNC and USTC still see active trading and community speculation.
Risks & Tradeoffs
- Depegged stablecoin: USTC is no longer stable, creating uncertainty for utility.
- Reputation damage: The 2022 collapse undermined confidence among institutional and retail users.
- Liquidity concerns: Many major dApps migrated or shut down, leaving Terra Classic with fewer active projects.
- Centralized dependencies: Recovery depends heavily on exchange support for burns and community-organized development.
Final Thoughts
The Terra Classic ecosystem survives as a community-run blockchain focused on governance, burning, and grassroots development. While it has lost its original prominence, it continues to evolve as an experimental ecosystem with a dedicated base. Its future depends on sustained community coordination, developer support, and whether new applications can emerge beyond speculation.
Official / useful links