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Terra Classic (LUNC) is a decentralized cryptocurrency that emerged from the original Terra blockchain ecosystem, aiming to provide a stable and scalable platform for decentralized finance (DeFi) applications. It utilizes a unique algorithmic stablecoin mechanism, which allows it to maintain price stability while facilitating transactions across various platforms.
Acala Token (ACA) is the native utility token of the Acala network, a decentralized finance (DeFi) platform built on the Polkadot ecosystem. It aims to provide a seamless experience for users by enabling cross-chain transactions and a variety of financial services, including staking, lending, and stablecoin issuance.