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Terra 2.0 launch postponed and announcement of how to get LUNA airdrop

Posted on October 18, 2022 by admin

Terra 2.0 launch postponed and announcement of how to get LUNA airdrop

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Answer Terra 2.0 launch postponed and announcement of how to get LUNA airdrop

I told Terra Money today Friday that the migration and transition from Terra to Terra 2.0 has been delayed and postponed until tomorrow, May 28 at 6 AM UTC.

The reason for the delay has not yet been revealed, but it appears that coordinating the support of the trading platforms and the work of the auditors on the foundation block has delayed the launch.

At the same time, the details of LUNA’s free airdrop distribution, identification of eligible recipients and support-immigration trading platforms were revealed.

Terra 2.0 launch delayed:

The upgrade to Terra 2.0 Wiredrop LUNA was supposed to be completed by today but is now delayed by a day and is expected to take place tomorrow May 28th.

Read:New tax on South Koreans on crypto airdrops

The Terra 2.0 test network is already up and running, and the mainnet will go live on May 28.

Terra’s community of users, validators, developers, and trading platform partners have expressed their support for getting the Terra blockchain back on the right track.

Terraform Labs and founder Do Kwon revealed plans to create a new Terra network, dropping the Terra branching plan.

The company claims that the new Terra network is the most decentralized blockchain ever.

The dApps on Terra Classic will also be migrated to the new network.

Thus, the launch of dApps on Terra 2.0 will be delayed.

The LUNA airdrop will occur on the first block of the new Terra network.

In addition, LUNA will be awarded to Terra validators to maintain network security.

After unlocking LUNA, users will not get additional entitlement to LUNA for at least 6 months.

The entitlement codes confined to the platform called “Terra Station” will appear.

For liquid or uninvested LUNA, users can participate in “Terra Station” to earn rewards.

It will also allow users to participate in the new network governance.

Read:Crypto project “Harmony” suffers from $100 million hack and ONE cryptocurrency affected by the event

Cryptocurrency exchanges that support Terra 2.0 and LUNA Airdrop:

Several trading platforms are now set to support LUNA Airdrop.

Read:Dogecoin co-founder: 95% of cryptocurrencies are scams or scams!

Airdrop operations are divided into two parts based on “pre-attack” and “post-attack” footage.

As for the trading platforms that will support Airdrop LUNA, they are as follows:

Binance, FTX, Bitfinix, KuCoin, Gate.io, OKX, Kraken, Okcoin, MEXC Global, BigONE, AtomicWallet.io, LBank.info, Upbit, Bybit, Huobi, Bitget, Bitrue, HitBTC.

The Terra team will release a final list of trading platforms participating in the launch.

Users should check with the trading platform regarding LUNA airdrop details.

Read also:

Ethereum fees are at their lowest level since last summer

Will the “USDC” displace the “USDT” coin from the throne of the stablecoin?


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