Try Quests to earn cryptoThe Amount of Burnt Luna
LUNA is a utility token for decentralized applications built on the Terra blockchain. One of its primary uses is to maintain a 1:1 peg with Terra's algorithmic stablecoins. More LUNA is minted when UST demand dips; it's burned when stable coin demand increases. In this article, I will discuss the luna burning system and how it solves terra stablecoins stability.