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The founders attempted to stabilize tokens used in the Terra target peg price. The Terra blockchain enables users by users until Terra trades.
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Terra Luna Classic DELISTED on bitcoinlanding.com!? LUNC What's Happening?Fueled by a passionate community and deep developer talent pool, the Terra blockchain is built to enable the next generation of Web3 products and services. Terra is a blockchain protocol and payment platform used for algorithmic stablecoins. The project was created in by Terraform Labs. Kwon and Shin built Terra to offer users the stability of fiat currencies while harnessing the power of blockchain technology for settlements that were faster.