Terra 2.0 (LUNA) is the newest iteration of cryptocurrency on the Terra blockchain. In May 2022, the Terra blockchain experienced a hard fork prompted by founder Do Kwon and voted on by the community. This created the new Terra 2.0, with a new cryptocurrency dubbed LUNA or LUNA2, while the original blockchain and coin took on the moniker LUNA Classic or LUNC. Both blockchains still exist and operate separately, which can confuse new investors.

The problem was that terra (UST), an algorithmic stablecoin, wasn’t hooked to a stable asset like gold or even the U.S. dollar, which has remained reasonably stable over long periods. Somewhat, it was pegged to a coin as explosive as any other crypto, LUNA. When LUNA crashed, it fell from a high of roughly $116 to less than a penny and was finally delisted from crypto exchanges. UST went with it. As a result, the whole crypto market saw losses, as well.

To save the blockchain, founder Do Kwon proposed to create a hard fork in the network to eternally de-peg LUNA from UST. On May 28, three days after members of the Terra community voted in favor of the hard fork, LUNA 2.0 was born. The old coin was renamed Luna Classic (LUNC).

Holders of LUNC were airdropped Terra LUNA tokens

case when day < '2022-12-25' then 'End Of The Year'
when day >= '2022-12-25' and day < '2023-01-01' then 'Christmas Holidays'
else 'New Year' end as day_status

Contracts

tx:body:messages[0]:contract) as contract

from terra.core.fact_transactions

Balance

where CURRENCY = 'uluna'
and TX_SUCCEEDED = 'TRUE'

from terra.core.ez_transfers

Transfer

where CURRENCY = 'uluna'
and TX_SUCCEEDED = 'TRUE'

from terra.core.ez_transfers

Activity

from terra.core.ez_staking
from terra.core.fact_nft_sales
from terra.core.fact_lp_actions
from terra.core.ez_transfers
from terra.core.ez_swaps

Swap

from terra.core.ez_swaps a join terra.core.dim_address_labels

where from_currency = 'uluna'
and project_name <> 'luna'

Contract Usage

New contracts

:key: Key Finding: :key: In total, the number of contracts that were used was the most during the end of the year.

The highest number of usage contracts was on December 4th and January 6th.

:key: Key Finding: :key: Most old Luna holders Hold below 1 Luna in their wallets.

Most New wallets hold between 100 to 1k Luna on their wallets.

The number of old wallets with below 1 Luna is 30.1k.

The number of new wallets with 100 to 1k Luna is 26.6k.

Average balance Per new wallets

Average balance Per old wallets

:key: Key Finding: :key: The number of senders is the most during the new year. The total number of senders in this period of time is 1134.

The highest number of senders was the most on January 9th. On this day, 1892, users send their Luna. This day was during the New year.

The highest number of senders during the Christmas holidays was on December 27th, with 1413.

The highest number of senders during the end of the year was on December 5th. On this day, the number of senders was 1317.

:key: Key Finding: :key: In total, the number of receivers was the most on New year. The total number of users during the new year was ~1900.

The highest number of receivers was on January 9th. On this day, the total number of receivers was 2875. This day was during the new year.

:key: Key Finding: :key: The number of transfer transactions was the most during the Christmas holidays. The total number of transactions during the Christmas holidays was 5622.

The highest number of transactions was on January 9th. On this day, the total number of transactions was almost 10k.

:key: Key Finding: :key: The average number of new users was the most during the Christmas holidays. The average number of users during this period of time was 145.

The highest number of users who joined newly to Luna was the most on December 13th. On this day, 237 users joined Luna.

:key: Key Finding: :key: The number of wallets that transferred their assets was the most. Of all the users, ~11k users transferred Luna during the end of the year, 7217 users during the new year, and 4759 users transferred transactions during the Christmas holidays.

The highest number of wallets was on January 9th. On this day, users had transfer activity the most, with 1892. The number of users who delegated their Luna was 745, and the other noticeable activity was swapping, which 334 users had.

:key: Key Finding: :key: The number of transfer transactions is the most.

Of all the transfer transactions, 132.4k transactions were during the End of the year, 66.8k transactions were during the new year and 43.3k transactions were during Christmas holidays.

:key: Key Finding: :key: The average number of transactions is the most on transfer activity.

The average number of transfer transactions was the most during the Christmas holiday and end of the year, with 5.95.

The average number of swap transactions during the new year was the most.

Top Swapped Tokens From Luna

:key: Key Finding: :key: The asset that had swapped the most from Luna is Astroport.

New wallet Vs. old Wallet Stake

:key: Key Finding: :key: The most number of old wallets staked below 10 Luna, with 3341.

The most number of new wallets staked between 10 to 100

Top Sold NFTs based on Luna Amounts

:key: Key Finding: :key: The NFT that had been sold the most based on Luna amount is the Skeleton Punks.

The total amount of Luna that belongs to Skeleton Punks is 14.3 Luna.

:key: Key Finding: :key: In Total, the average number of contracts that were newly added to Luna was the most during New Year.

The highest number of new contracts is 10 contracts. On December 23rd and January 7th, 10 contracts added newly on Luna.

Sender count

Receiver Count

Transfer count

Luna amount

:key: Key Finding: :key: The average Luna amount transferred during the New year was the most. The average Luna amount transferred during the New year was 4.70 million.

The total Luna amount that had been transferred was the most on January 9th. On this day, the total amount of Luna was ~11.4 million. This day is during the New year.

Users count

Transactions count