The crypto street has been restless, despite it being the weekend. The buzz in the biz comes in view of the launch of Terra 2.0. Which is expected to roll out today, i.e the 28th of May 2022 at around 06:00 AM UTC. Wherefore, the industry is engulfed by queries revolving around the Terra 2.0, its differences, airdrop, support by exchanges and more.
Stay tuned, as this write-up will cover all the queries associated with the protocol. That includes the digital asset’s launch, the events inline, eligibility for the airdrop, and price amongst others.
What More Does The Launch Event Hold?
The big day now seems to have finally arrived, as LUNA could transit from the ruins caused by the de-peg event. In an official announcement, made just the other day. The makers had stated that the community has been working round the clock to coordinate the new chain’s launch. While the timeline is subject to change, we can expect Terra to roll out today i.e on the 28th of May 2022, at around 06:00 AM UTC.
One of the distinct highlights of the event would be the obvious parting ways with the algorithmic stable coin. Other notable events include the sharing of the pre-ultimate-genesis.json file with Terra validators, that are participating in Genesis by TFL. The collection of all gen_tx’s from validators. Moreover, it also learned that the majority of the applications will be retained.