Luna

Luna is a blockchain platform that operates alongside the Terra blockchain to facilitate stable digital currencies and other financial applications. It uses a system where Luna tokens help maintain the stability of stablecoins by absorbing shocks in value, acting as a sort of financial “buffer.” When demand for stablecoins peaks or dips, Luna's value adjusts to help keep these stablecoins steady. This structure aims to create a decentralized, reliable system for digital finance, enabling fast, low-cost transactions and innovative financial services without traditional intermediaries.