Terra Classic is a subchain of the Terra network and an older version of Terra, providing an open source blockchain protocol that allows developers to easily build and deploy decentralized applications. Terra Classic uses a proof-of-stake (PoS) mechanism with a native token of LUNC, and users can participate inTerra Classic is a subchain of the Terra network and an older version of Terra, providing an open source blockchain protocol that allows developers to easily build and deploy decentralized applications. Terra Classic uses a proof-of-stake (PoS) mechanism with a native token of LUNC, and users can participate in the platform's governance system by pledging LUNC to initiate and vote on proposed changes related to Terra Classic. the platform's governance system by pledging LUNC to initiate and vote on proposed changes related to Terra Classic.