Terra Classic is the original blockchain platform that powered the UST stablecoin and LUNA token before the launch of Terra 2.0, focusing on stablecoins and DeFi applications.
Terra Classic was designed to create a decentralized financial infrastructure using algorithmic stablecoins like UST, which were pegged to various fiat currencies. The platform's native token, LUNA, played a crucial role in stabilizing the stablecoins through a mint-and-bu
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