What is the difference between LUNA and LUNC? 1. Origin and background - LUNA: It is the native governance token of the new Terra ecosystem (Terra Luna 2.0). After the Terra network crashed in May 2022, the community created a new blockchain, Terra 2.0, through hard fork, and LUNA became the native token of the new chain. - LUNC: That is, Luna Classic, which is the native token of the Terra Classic blockchain. It was originally a native token for the Terra blockchain launched in 2018 and was renamed to LUNC after the TerraUSD (UST) stablecoin crashed. 2. Features and uses - LUNA: With staking and transaction fee income, it is used to ensure the network security of the Terra Luna 2.0 blockchain, with extensive practicality and market support. - LUNC: The stability mechanism of anchoring the US dollar has been abandoned, prices are highly volatile, and the supply is huge. Currently, it mainly focuses on decentralization and community governance. 3. Supply and market value - LUNA: The supply is limited, with only 1 billion pieces, active trading, relatively high market value, investors are more confident about it. - LUNC: The supply is extremely large, about 6.5 trillion coins, and the market value is relatively low. 4. Connection with stablecoins - LUNA: Cut off all ties from any stablecoin and is not affected by the fluctuations in the value of stablecoin. - LUNC: Still connected to the algorithmic stablecoin USTC, its value will affect the supply of LUNC tokens, and the two interact with each other.