Terra's team revealed the date for the launch of the new chain, as well as when LUNA holders can expect to receive their airdrop.
Terra’s team revealed the date for the launch of the new chain, as well as when LUNA holders can expect to receive their airdrop.
After the community voted in to have the terra ecosystem essentially forked without the algorithmic stablecoin, the team has now revealed the launch date for the protocol and the LUNA airdrop.yesterday, Terra 2.0 has been agreed upon and voted in by the community with a majority. One of the key differences between the protocol-to-be and its previous iteration is that the team will not be creating an algorithmic stablecoin in a bid to prove that Terra’s ecosystem is “more than just UST.”, the team revealed further details, including the date for the airdrop, when were the snapshots taken, and when the new protocol will launch.
Yesterday, we said Terra 2.0 is coming. Tomorrow, it arrives. The community has been working around the clock to coordinate the new chain’s launch. Subject to potential change, we expect Terra to go live on May 28th, 2022 at around 06:00 AM UTC. The first block of the new chain will be produced “following a supermajority of interconnected validators running simultaneously.” Per the thread, the block explorer, as well as Terra Station, and the feeder of dApps will all be fully functional once the chain is up and running.
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