A new Terra coin, named Luna 2.0 or Terra 2.0, has been launched with 65.5 % of Terra’s community voting in favor of its release. Luna 2.0 is positioned as Terra Chain’s rebirth, which will shine once more after the crypto market collapse.
Let’s see the details of Terra Luna 2.0 and its airdrop release date!
terra luna cryptocurrency - What is Terra Luna 2.0? and How Much Does It Cost? - Price of Terra Luna in Nigeria naira
What is Terra Luna 2.0?
Luna 2.0 or Terra 2.0 is a new coin from the Terra blockchain’s hardfork aimed at saving the Terra Luna ecosystem after the collapse of the UST stablecoin.
According to a proposal published by TerraForm Labs founder Do Kwon, the new chain and Luna 2.0 will replace the existing Terra network and the original LUNA by cutting ties with the stablecoin UST.
In addition, most of the dApps and Terra’s features will also migrate to the new chain in the next few days.
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