Terra (LUNA) and its successor, Terra Classic (LUNC). Once hailed as a groundbreaking project that sought to blend the worlds of fiat and decentralized finance (DeFi) through its stablecoins and native tokens, Terra’s ecosystem faced an unprecedented collapse in May 2022, shaking the very foundations of the crypto community. This article traces the history of Terra, dissecting the reasons behind its downfall, and spotlights the resilient community that could potentially lead Terra Classic (LUNC) back to its zenith.·
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