Terra 2.0 Mainnet Officially Launched

The recovery plan presented to the community by Terra CEO Do Kwon was accepted by the community.

As part of the recovery plan, the old LUNA was renamed LUNA Classic and the accepting exchanges were converted. The new network, which would start yesterday under normal conditions, was delayed until today, according to Terra’s statement. The 2.0 mainnet was officially launched about half an hour ago.

According to Terra’s statement, almost all dApps in Terra Classic (Astroport, Prism, RandomEarth, Spectrum, Nebula, Terraswap, Edge Protocol) He stated that he will switch to Terra 2.0 to his network. Also, LUNA Binance, Huobi, FTX, Kraken, Bitfinex, Bitrue, Kucoin and Bybit It will be listed on almost all major cryptocurrency exchanges, including

The supply of the new LUNA will be 1 billion and about From LUNA Classic with a supply of 6.5 trillion declared to be treated separately.

In addition, investors who are eligible to receive airdorp will receive their new LUNA before and after the attack according to certain rules.

Updated Token Distribution Details on Terra: Privileges to Post-Attack Domains

Related article: Updated Token Distribution Details on Terra: Privileges to Post-Attack Domains

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