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$USTC $LUNC $LUNA TerraClassicUSD (USTC) is a decentralized algorithmic stablecoin of the Terra Classic blockchain that is pegged to 1 USD. In order to mint 1 USTC, 1 USD worth of the reserve asset, LUNC, must be burned. After the depeg of USTC in May 2022, the community behind Terra Classic decided to create a new blockchain without the algorithmic stablecoins called Terra 2.0. #terraClassicLunc #TerraLabs

$USTC $LUNC $LUNA

TerraClassicUSD (USTC) is a decentralized algorithmic stablecoin of the Terra Classic blockchain that is pegged to 1 USD. In order to mint 1 USTC, 1 USD worth of the reserve asset, LUNC, must be burned.

After the depeg of USTC in May 2022, the community behind Terra Classic decided to create a new blockchain without the algorithmic stablecoins called Terra 2.0.

#terraClassicLunc #TerraLabs

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