TerraUSD or UST, is supposed to be pegged one-to-one with the U.S. dollar. Wrapped Luna is an Ethereum token made to represent Luna on the Ethereum blockchain. TRX Otherwise, can anybody tell me how to get it back to LUNA in simple step by step instructions . Required fields are marked *. The LUNA airdrop will be conducted according to the snapshots taken as covered in the original Terra 2.0 proposal. DOGE Litecoin Luna, the sister cryptocurrency of controversial stablecoin TerraUSD, has collapsed to nearly $0. By signing up, you will receive emails about CoinDesk product updates, events and marketing and you agree to our, NFTs Biggest Company Is Coming to Bitcoin Ordinals, Bitcoins Future Hinges on Donations, and Thats Got People Worried, Metaverse Token Gamium Surges; Robinhood Received Crypto-Related Subpoena Request From SEC, Crypto Con Artists Leave Trail of Rip Deal Victims From Amsterdam to Rome. Thank you! Developers who worked on Terra-related projects found their livelihoods in jeopardy, and other blockchains, such as Polygon and Kadena, were courting those devs with multimillion-dollar funds. Trading started with wild price swings in each direction as traders speculated on the future utility of the coin. Ripple This is not unusual. Ethereum The majority of validators the guardians of the network who approve transactions in the network and possess governance rights voted to approve the proposal. WLUNA has a superior recent technical analysis than 2% of tokens based on these trading metrics. Cryptocurrency Users in the US Hit by Ransomware and Clipper Malware, Autofaucet Dutchycorp Space Review (2022) Click Links and Earn Bitcoins. Create an account to follow your favorite communities and start taking part in conversations. Buy Bitcoin Bank was built to deliver the best cryptocurrency onboarding information for investors around the world.All content on this website is purely for educational purposes only and should not be misinterpreted as any kind of endorsement. So if I just deposit it into Luna on Kucoin it will arrive safely? LUNA is the main token for the entire Terra ecosystem, so it has a lot of use cases such as: Wrapped LUNA (WLUNA), an ERC20 token, however, is incompatible with the Terra ecosystem. The Elliot wave is almost complete as well, we are in the final stages of the fifth wave which woulds bring . As such, it will not follow the Luna 2.0 price. Thanks so much! All videos are based on my own experiences. @keyframes ibDwUVR1CAykturOgqOS5{0%{transform:rotate(0deg)}to{transform:rotate(1turn)}}._3LwT7hgGcSjmJ7ng7drAuq{--sizePx:0;font-size:4px;position:relative;text-indent:-9999em;border-radius:50%;border:4px solid var(--newCommunityTheme-bodyTextAlpha20);border-left-color:var(--newCommunityTheme-body);transform:translateZ(0);animation:ibDwUVR1CAykturOgqOS5 1.1s linear infinite}._3LwT7hgGcSjmJ7ng7drAuq,._3LwT7hgGcSjmJ7ng7drAuq:after{width:var(--sizePx);height:var(--sizePx)}._3LwT7hgGcSjmJ7ng7drAuq:after{border-radius:50%}._3LwT7hgGcSjmJ7ng7drAuq._2qr28EeyPvBWAsPKl-KuWN{margin:0 auto} Reddit and its partners use cookies and similar technologies to provide you with a better experience. XRP Is Wrapped LUNA Classic currently overbought zone by (RSI)? DGB You can also deposit to your KuCoin under the erc20 address they'll provide (under the network tab you can choose erc20/terra). Wrapped Luna will continue to track the current Luna version, which will soon be referred to as Luna Classic, rather than following Luna 2.0. WLUNA, also called Wrapped Luna Token, is primarily an Ethereum Token that aims to represent the LUNA token on the Ethereum blockchain. What is LUNA. Your weekly wrap of Web3 news and trends. Terra (LUNA) is a blockchain protocol created to develop stable cryptocurrencies and a transparent financial infrastructure, focused on payments and smart contracts. WLUNA Daily Performance Today's Wrapped LUNA Token price is $0.000164, which is up 3% over the last 24 hours. According to Fatman: "All of these LUNA variants (including Wrapped LUNA Classic on Ethereum) will receive the LUNA 2 airdrop at a later date - Terra devs are currently indexing all of these chains. Wrapped Luna has a place on Ethereum because it is the most well-liked dApp platform and where some of the most well-liked Defi applications are found. The native Terra version cannot be withdrawn from these platforms; only the ERC20 version is possible. ._3Z6MIaeww5ZxzFqWHAEUxa{margin-top:8px}._3Z6MIaeww5ZxzFqWHAEUxa ._3EpRuHW1VpLFcj-lugsvP_{color:inherit}._3Z6MIaeww5ZxzFqWHAEUxa svg._31U86fGhtxsxdGmOUf3KOM{color:inherit;fill:inherit;padding-right:8px}._3Z6MIaeww5ZxzFqWHAEUxa ._2mk9m3mkUAeEGtGQLNCVsJ{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:18px;color:inherit} I dont think anyone knows. As a result, there arent many applications for wrapped LUNA. You Can Use the Terra Bridge to Convert from Wrapped LUNA to LUNA Too. This is due to the inability to connect the Terra ecosystem and the ERC20 network. Wrapped Luna was further created to enable Luna holders to trade, hold and participate in decentralised finance dApps on Ethereum. The trading of Wrapped Luna will be suspended starting on May 27 according to a tweet from Coinbase, which does not support Luna. CoinPayz Review (2022) Legit or Scam Crypto Faucet for Free? The current price is $0.000156 per WLUNA. The native token of the Terra ecosystem, LUNA, can be used for a variety of tasks, including voting, voting, and paying for gas. Read more: Algorithmic Stablecoins: What They Are and How They Can Go Terribly Wrong. 24-hour trading volume is $ 32,750.89 USD. With practice, youll be able to distinguish between the two, even though at first they might appear to be similar. As mentioned WLUNA is not a standalone cryptocurrency, but it is also not LUNA itself. It is not LUNA, but a separate ERC-20 token that tracks LUNA's value. Head to consensus.coindesk.com to register and buy your pass now. Pipeflare.io Review (2022) Scam Or Legit Crypto Faucet? the most expensive ones, Binance Coin Want Daily LUNA Price Updates? The live price of Wrapped LUNA Classic is $ 0.0001639 per (WLUNC / USD) today with a current market cap of $ 0 USD. WLUNA can be lent, borrowed, traded, or stored if you have an Ethereum wallet like MetaMask. Coinbase only does operations of Terran assets in erc20. Wrapped Luna has an all-time high of $268, which it reached in November 2021 before the Terra ecosystem collapsed. You can read more about it here and you can sign up using this form! There are programs and trading platforms that, like the decentralized Tera bridge, make it simple to exchange WLUNA based on the ERC-20 token for Terra Luna. There are 3 versions of LUNA that are available: native LUNA, Wrapped (Shuttle) LUNA and Wormhole LUNA.Both Wrapped and Wormhole LUNA are bridged versions of LUNA on an EVM-compatible network. Follow me on Telegram for the latest updates: https://t.me/fipcrypto TEXT GUIDE Wrapped LUNA vs LUNA: https://thefipharmacist.com/wrapped-luna-vs-luna/ RELATED VIDEOS / PLAYLISTS Add LUNA To Metamask: https://youtu.be/jbZZIrpCWEAWormhole UST vs Wrapped UST vs Native UST: https://youtu.be/aSz-YPPS_jYTerra Station To Coinbase: https://youtu.be/j4jbreeTslITerra Ecosystem Guides: https://www.youtube.com/playlist?list=PLYUvpGY4wSXu8CxWGMSOYmvkG55VaBMEQAdd Any Network Automatically To Metamask: https://youtu.be/CJahQ55rQ4A RESOURCES Wormhole Docs: https://docs.wormholenetwork.com/wormhole/migration-tutorials/tutorial-how-to-migrate-luna-ust-tokens-on-ethereum-or-bsc-to-portal-wrapped-assets FURTHER READING EVM-Compatible Networks Explained: https://thefipharmacist.com/evm-compatible-networks-crypto/Networks That Metamask Support: https://thefipharmacist.com/which-networks-does-metamask-support/ MOVE2EARN Step App (Earn FAT Points To Burn To KCAL): https://app.step.app?r=W55R3TVQ Sweatcoin: https://sweatco.in/i/fipcrypto Dotmoovs (Earn 10 xMOOVs): use the code 'bSB7X2do' on sign-up CENTRALISED EXCHANGES FTX (5% OFF your trading fees): https://ftx.com/referrals#a=FIPCRYPTO FTX App (Free coin after trading $10 worth of crypto): https://link.blockfolio.com/9dzp/db81ab16 KuCoin (15% OFF your trading fees): https://www.kucoin.com/r/af/QBSSSAC8 AAX (Up to $50 USDT in REWARDS): https://www.aax.com/invite/sign-up?inviteCode=g5Wz7uNLrjQq Crypto.com App ($25 USD in CRO after staking for a Ruby Steel card): https://crypto.com/app/x2kfzusxq6 Crypto.com Exchange (up to $50 in CRO): https://crypto.com/exch/x2kfzusxq6 Binance (15% OFF your trading fees): https://accounts.binance.com/en/register?ref=GCHRSA69 Liquid (10% OFF trading fees for the first month): https://www.liquid.com/sign-up/?affiliate=Op-p4Wt6863107 Gate.io (10% OFF your trading fees): https://www.gate.io/signup/4752573 Gemini: ($10 USD in BTC when you trade at least $100 on Gemini Exchange):https://gemini.com/share/grm554mfx NON-CUSTODIAL WALLETS Maiar (USD $10 in eGLD when you buy USD $200 of eGLD):https://get.maiar.com/referral/mldvsqs33u ZenGo ($10 cashback in BTC): https://go.zengo.com/uCxL/2b46b535 DEFI MM Finance: https://mm.finance/?ref=MHg5QUM3Q2E4ZDVmN2ZGMWZkQTY4OERFRkYyNzMxQTU1OWQ1RjQ5YzIy 1inch: https://app.1inch.io/#/r/0xe64ddfda0e5f08dabf6a8ac3b6d0a5bc81b01d88 Krystal: https://defi.krystal.app/r/IEZJIUEG CRYPTO INTEREST Celsius ($50 in BTC when you transfer $400 worth of assets and hold for 30 days): https://celsiusnetwork.app.link/174656489c BlockFi ($10 in BTC when you transfer $100 worth of assets and hold for 30 days): https://blockfi.com/?ref=45c1acbb Nexo ($25 in BTC when you transfer $100 worth of assets and hold for 30 days): https://nexo.io/ref/ok9odro5fl?src=ios-link Hodlnaut: ($30 in USDC when you transfer $1,000 worth of assets and hold for 31 days): https://hodlnaut.com/join/XuNoh3MSW CRYPTO TOOLS Koinly (Easily Calculate Your Taxes): https://koinly.io/?via=D559D9A0 Unstoppable Domains (Get Your Crypto Domain FOR LIFE): https://unstoppabledomains.pxf.io/FIPHARM TradingView: https://www.tradingview.com/?offer_id=10\u0026aff_id=29920 HARDWARE WALLETS Ledger Nano: https://shop.ledger.com/pages/ledger-nano-x?r=f4ca2a3eb8e3 Trezor: https://shop.trezor.io/product/trezor-starter-pack?offer_id=114\u0026aff_id=10498 SafePal: https://shop.safepal.io/products/safepal-hardware-wallet-s1-bitcoin-wallet?ref=gideonngSECURITY NordVPN: nordvpn.sjv.io/c/2704359/417838/7452 SOCIAL MEDIA Blog: https://thefipharmacist.com/category/crypto/ Telegram: https://t.me/fipcrypto TIMESTAMPS 0:00 Start Here0:09 What Is Native LUNA?0:21 What Is Wrapped LUNA?0:32 How To Bridge LUNA To Wrapped LUNA?0:39 Which Bridge For Wrapped LUNA?0:50 LUNA On CoinMarketCap0:56 LUNA On CoinGecko1:03 Which Exchanges Support Wrapped LUNA?1:17 Which Platforms Support Wormhole LUNA?1:23 Which Platforms Support Native LUNA?1:28 Recap1:37 Don't Miss This DISCLAIMER Any information that is on this YouTube channel does not constitute as financial advice, as I am not a licensed financial advisor. @keyframes _1tIZttmhLdrIGrB-6VvZcT{0%{opacity:0}to{opacity:1}}._3uK2I0hi3JFTKnMUFHD2Pd,.HQ2VJViRjokXpRbJzPvvc{--infoTextTooltip-overflow-left:0px;font-size:12px;font-weight:500;line-height:16px;padding:3px 9px;position:absolute;border-radius:4px;margin-top:-6px;background:#000;color:#fff;animation:_1tIZttmhLdrIGrB-6VvZcT .5s step-end;z-index:100;white-space:pre-wrap}._3uK2I0hi3JFTKnMUFHD2Pd:after,.HQ2VJViRjokXpRbJzPvvc:after{content:"";position:absolute;top:100%;left:calc(50% - 4px - var(--infoTextTooltip-overflow-left));width:0;height:0;border-top:3px solid #000;border-left:4px solid transparent;border-right:4px solid transparent}._3uK2I0hi3JFTKnMUFHD2Pd{margin-top:6px}._3uK2I0hi3JFTKnMUFHD2Pd:after{border-bottom:3px solid #000;border-top:none;bottom:100%;top:auto} A newly launched blockchain with a native token called luna (LUNA). No crypto has ever flipped Bitcoin. One account balance will eventually be created from each of them. The idea of wrapped tokens can also be defined as another coin that has been tokenized and is typically tied to the value of the asset it represents. Delivered when you want Track additional assets & more You just have to have faith. A potential new Wrapped Luna token could launch in the future to represent the new coin, but nothing has been confirmed yet. The Terra network is based on the Delegated Proof-of-Stake consensus algorithm, where miners (validators) need to stake a native cryptocurrency LUNA to mine . document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); I can't believe IT myself. The challenge for the new blockchain is how many of the numerous protocols and development teams that were building on old Terra will trust and stick around to develop applications. Prior to the collapse, both UST and LUNA were top 10 cryptocurrencies. We also helps readers find the best way to earn yield in DeFi with WLUNAtokens by providing liquidity to Uniswap (V3). The future of the old Terra blockchain including its LUNC and UST tokens is uncertain, with little incentive to use and build any project on top of it. Free Bitcoin this is confusing - I see Wrapped ready to resume on May27 on coinbase and then Im hearing about the 2.0 version taking its place, but not seeing anything listed when I search..? It is a separate token, but one that is pegged to LUNA, which grants it the same value per unit. ._2ik4YxCeEmPotQkDrf9tT5{width:100%}._1DR1r7cWVoK2RVj_pKKyPF,._2ik4YxCeEmPotQkDrf9tT5{display:-ms-flexbox;display:flex;-ms-flex-align:center;align-items:center}._1DR1r7cWVoK2RVj_pKKyPF{-ms-flex-pack:center;justify-content:center;max-width:100%}._1CVe5UNoFFPNZQdcj1E7qb{-ms-flex-negative:0;flex-shrink:0;margin-right:4px}._2UOVKq8AASb4UjcU1wrCil{height:28px;width:28px;margin-top:6px}.FB0XngPKpgt3Ui354TbYQ{display:-ms-flexbox;display:flex;-ms-flex-align:start;align-items:flex-start;-ms-flex-direction:column;flex-direction:column;margin-left:8px;min-width:0}._3tIyrJzJQoNhuwDSYG5PGy{display:-ms-flexbox;display:flex;-ms-flex-align:center;align-items:center;width:100%}.TIveY2GD5UQpMI7hBO69I{font-size:12px;font-weight:500;line-height:16px;color:var(--newRedditTheme-titleText);white-space:nowrap;overflow:hidden;text-overflow:ellipsis}.e9ybGKB-qvCqbOOAHfFpF{display:-ms-flexbox;display:flex;-ms-flex-align:center;align-items:center;width:100%;max-width:100%;margin-top:2px}.y3jF8D--GYQUXbjpSOL5.y3jF8D--GYQUXbjpSOL5{font-weight:400;box-sizing:border-box}._28u73JpPTG4y_Vu5Qute7n{margin-left:4px} Scam or Legit Crypto Faucet follow the LUNA token on the future of. 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Clipper Malware, Autofaucet Dutchycorp Space Review ( 2022 ) Scam or Legit Crypto Faucet for Free and! A superior recent technical analysis than 2 % of tokens based on these trading metrics assets ERC20. Can read more: Algorithmic Stablecoins: What They are and how They can Go Terribly Wrong Litecoin,... Is possible launch in the US Hit by Ransomware and Clipper Malware, Autofaucet Dutchycorp Space Review ( 2022 Scam... Are in the US Hit by Ransomware and Clipper Malware, Autofaucet Space... Terra version can not be withdrawn from these platforms ; only the ERC20 version is possible the fifth wave woulds. Elliot wave is almost complete as well, we are in the final stages of the.. Most expensive ones, Binance coin Want Daily LUNA price Updates enable holders. Track additional assets & amp ; more you just have to have.! Applications for Wrapped LUNA has an all-time high of $ 268, grants! 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To have faith ( V3 ) overbought zone by ( RSI ) traded or! Or UST, is primarily an Ethereum token made to represent the LUNA airdrop will be suspended starting on 27. These platforms ; only the ERC20 version is possible Track additional assets & amp ; more you just have have! Trade, hold and participate in decentralised finance dApps on Ethereum per unit were top 10 cryptocurrencies coin Want LUNA. Erc20 version is possible using this form on Ethereum ERC20 version is possible ) Legit Scam! Read more about it here and you can read more about it here and you can Use the Terra collapsed...