TerraClassicIDT

1. Summary

Limited data

67% of the TerraClassicIDT code repositories are forked (originally copied) from another project.

Price: $0.000000000000 0.0%
Market Cap: $ (#26587)
Supply: /
Tags: Terra Ecosystem
Description: TerraClassicIDT

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TerraClassicIDT

What is TerraClassicIDT?

TerraClassicIDT is a decentralized blockchain protocol focused on developing fiat-pegged stablecoins to support global payment systems. It aims to blend the advantages of price stability from fiat currencies with the security and decentralized nature of cryptocurrencies like Bitcoin.

Background

TerraClassicIDT originated from the Terra project, which began development in January 2018 and officially launched in April 2019. It initially offered stablecoins pegged to various currencies, including the U.S. dollar, won, and special drawing rights. After the original stablecoin, UST, experienced significant instability in May 2022, the Terra project underwent significant changes, leading to the rebranding of the original Terra chain as Terra Classic, and the renaming of its native token, LUNA, to LUNA Classic (LUNC).

Key Features

Algorithmic Stablecoins: TerraClassicIDT uses a complex system of token minting and burning to adjust the supply and maintain price stability for its stablecoins.

Native Token: LUNA Classic (LUNC) is the native token of Terra Classic, used for various transactions and maintaining the network.

Community Activities: Despite the turmoil surrounding its stablecoins, the TerraClassicIDT project continues to see significant developer activity, with over 160 GitHub repositories monitored for commits and changes.

TerracoreIDT is actively maintaining its platforms with updates and security enhancements.

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2. Price

2.1. Market Performance

How does TerraClassicIDT's () performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

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Similar Market Cap

3. Developer Activity

We're monitoring 166 TerraClassicIDT GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All TerraClassicIDT Repos)

Commits vs. The Market

Past 4 weeks: 0 commits vs. an average of 2
Past 12 weeks: 0 commits vs. an average of 9
Past year: 3 commits vs. an average of 115

Most Active Repos

Cosmwasm

Forked from CosmWasm/cosmwasm

Past week	3
Past 12 weeks	66
Past year	1275

Wormhole

Forked from certusone/wormhole

Past week	0
Past 12 weeks	0
Past year	617

Docs

Past week	194
Past 12 weeks	304
Past year	568

Cosmos Sdk

Forked from cosmos/cosmos-sdk

Past week	5
Past 12 weeks	12
Past year	448

Assets

Past week	52
Past 12 weeks	189
Past year	348

Station Legacy

Past week	0
Past 12 weeks	61
Past year	343

Top Developers 2024

In total, 1783 developers have contributed to TerraClassicIDT over the past year. Who are the most active TerraClassicIDT developers, by commits, over the past year?