• Notifications Markets & Prices
      View more
    • Language & Exchange Rate Switch
    • Preference Settings
      Rise/fall colour
      Starting time for price change
    Coin Price 24h %
    Back To

    Gate.io Blog:Gate.io has Launched LUNA 2.0 Transaction and Terra Revival Plan V2 has been Initiated

    2022-05-31 08:25:54 UTCRead:31126

    【TL; DR】

    1. On May 27, Terra and LUNA 2.0 were officially launched. The previous version of Terra blockchain was renamed Terra Classic, and the previous version of LUNA was renamed LUNA Classic (LUNC).

    2. Gate.io took the lead in announcing its support for Terra 2.0 and launched the new LUNA transaction on May 28.

    3. May 29, Gate.io has airdropped LUNA 2.0 tokens for LUNC and USTC holders according to the snapshot before and after the attack.
    4. On Terra 2.0, due to the loss of the stablecoin UST in the ecosystem, LUNA is currently only used as a governance token.

    5. Presently, the price trend of LUNA 2.0 is not clear, and there may still be violent fluctuations, Gate.io reminds users to pay attention to transaction risks.

    Since the serious decoupling of UST stablecoin led to the price of LUNA being close to zero, the Terra project team and LUNA community have taken a variety of ways to try to save LUNA. On May 17, Do Kwon, the founder of Terra, announced the "Terra Revival Plan V2", which plans to build a Terra 2.0 ecosystem that does not include the UST stablecoin project. On May 27, Terra and LUNA 2.0 were officially launched. The previous version of Terra blockchain was renamed Terra Classic, and the previous version of LUNA was renamed LUNA Classic (LUNC).

    For more details, please refer to our blog post:Gate.io has Launched LUNA 2.0 Transaction and Terra Revival Plan V2 has been Initiated





    Gate.io Featured Articles



    Gate.io Blog

    As a new information section of Gate.io, the Gate.io blog function will provide users with all-round investment support. It will offer the most timely information in the industry, as well as informative columns, exclusive research reports, interesting encyclopedia info, and other high-quality content. All of these combined will enable you to grasp the most valuable and high-quality information without leaving home.

    We invite you to experience and bookmark this blog, in order to get essential investors tips.

    Website: https://www.gate.io/blog/bloglist
    *App will be launched soon, please keep an eye out for it!

    Blog entry: Gate.io main menu bar "More Details - Gate Blog"



    Gate.io Blog will be updated at regular intervals. Stay tuned!



    Sign up to enter the crypto gateway and get 40% commission from referrals

    Download iOS/Android App right now.

    Reach out to us!

    Twitter: https://twitter.com/gate_io

    Telegram: https://t.me/gate_io

    Instagram:https://www.instagram.com/gateioglobal

    Medium:https://medium.com/@gateio

    Podcast: https://gateio.buzzsprout.com/?ch=buzzs

    Gate.io Team
    May 31



    language and region
    exchange rate