Terra 2.0 is live.
After almost a month-long drama, Terra 2.0 finally goes live.
Pheonix-1 mainnet is now live and producing blocks – public node services, wallets and explorers should be going live shortly. pic.twitter.com/cpxiNKl6aX
— Do Kwon ? (@stablekwon) May 28, 2022
Terra Team congratulates LUNA community:
1/ Block 1 of the brand new Terra blockchain (with a chain_id of “Phoenix-1”) has officially been produced at 06:00 AM UTC on May 28th, 2022!
Congratulations to the #LUNAtic community on this expeditious feat of collaboration ?
— Terra ? Powered by LUNA ? (@terra_money) May 28, 2022
According to the team Users can do multiple things with their liquid LUNA, including staking it on Terra Station to their preferred validator(s) to earn rewards & participate in governance decisions, using it on dApps upon launch, or trading it on an exchange.
Exchanges Support
So far following top exchanges have confirmed their support for Terra 2.0 and its airdrop.
Binance, Kraken, Huobi Global, Bitrue, Bybit, HitBTC, Okcoin, OKX Gateio KuCoin, LBank, Cryptocom, FTX, Bitfinex, Bitget and MECX Global.
Luna Airdrop
Terra team confirms that Luna airdrop will occur on May 28th.
Validators
Following validators have confirmed support for terra 2.0
Edge Protocol, ChainLayer, BTCSecure, Sigma, TerraBay, Nebula Protocol Astroport, Spectrum, One Planet, Anchor, Sigma, Nexus, Nebula, Coinhall, Prism, and Random Earth.
Please remember Since Terra 2.0 is a new chain & not a fork, dApps from Terra Classic will need to relaunch on the new chain.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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