📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
In the field of Crypto Assets, the Terra ecosystem has undergone a significant transformation, involving two closely related Tokens: LUNC and LUNA. To understand their relationship, we need to trace back to a crisis in May 2022.
At that time, Terra's algorithmic stablecoin UST lost its peg to the US dollar, triggering a series of chain reactions that ultimately led to the original LUNA token's value nearly reaching zero. In the face of this disastrous situation, the Terra community made a bold decision: to perform a hard fork of the blockchain.
This fork gave birth to two parallel blockchains. The original blockchain has been renamed as Terra Classic, and its native Token has also been renamed as LUNA Classic, abbreviated as LUNC. Meanwhile, a brand new blockchain Terra 2.0 has emerged, and its native Token retains the name LUNA.
Therefore, from a technical perspective, LUNC is actually a continuation of the original LUNA after the fork, rather than a forked coin in the usual sense. The new LUNA is a token issued based on a completely new blockchain. This unique evolutionary process has created a special "twin star" relationship between LUNC and LUNA, where they have historical roots and each represent different development directions within the Terra ecosystem.
This event not only showcases the flexibility of blockchain technology but also highlights the resilience of the crypto assets community in the face of crises. Despite experiencing significant setbacks, the Terra ecosystem has been able to continue in this way, opening up new possibilities for its future development.