CARD • Epic

Terra Luna

Terra Luna
Rarity
Epic
Year
2018
Collection
Base Hockey Cards

Summary

Terra was a blockchain project best known for its algorithmic stablecoin UST and its native token LUNA. Both collapsed spectacularly in May 2022, erasing billions in value.

Timeline

  • 2018-04
    Terraform Labs founded by Do Kwon and Daniel Shin.
  • 2020-09
    UST stablecoin launches on Terra blockchain.
  • 2022-05-09
    UST loses its peg, triggering the collapse of LUNA and Terra ecosystem.

Sources