Terra CEO Do Kwon is allegedly working on a new decentralized stablecoin project.
Terra community member named “FatMan” 30 may on Twitter on in sharing, A source close to TerraForm Labs (TFL) has confirmed that CEO Do Kwon is working on a decentralized stablecoin that will be built on top of the new Terra 2.0 chain. gave place.
An insider close to TerraForm Labs has confirmed that Do Kwon is currently working on design plans for a new decentralized stablecoin that will be built on top of Terra 2.
The community received mixed reactions to this news. While some are against TerraForm Labs trying to issue a stablecoin once again, others are keen on the idea of a fully collateralized stablecoin.
FatMana user “If it’s fully collateralized, why not?” He gave the following answer to the question:
True, this may be something to consider. Let’s see what they find. I would like to see TerraForm Labs move away from Terra 2 though, they are bad actors and toxic for this space. Give control back to the developers so they can really improve.
Luna 2.0 up 35%: Binance listing arrived
New released over the weekend Terra 2.0 network’s decentralized cryptocurrency lunaafter listing on some exchanges 30 dollars increased to levels then 5 dollarshad fallen below.
Today at 9.00 Binanceopened for processing in lunaaccording to CoinMarketCap data in the last 24 hours 36% gained in value and at the time of writing the news 8.34 dollarstraded from.
Terra 2.0 Network Token LUNA Reaches $30
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