Following a 65.5 percent vote for a LUNA fork proposal, an Ecosystem Revival Plan II effort has been triggered which will not include the algorithmic stablecoin UST.
Terraform Labs co-founder Do Kwon and Terra Labs have objected to the claim that this would be a hard fork.
Following a 65.5 percent vote for a LUNA fork proposal, an Ecosystem Revival Plan II effort has been triggered which will not include the algorithmic stablecoin UST. The effort is already underway as the LUNA 2.0 testnet has gone live expecting the launch of the mainnet. This is said to be completed on May 27 with the snapshot happening today, May 26. This was announced by a validator called Orbital Command meant to educate the Terra community.
If you haven’t heard, Terra 2 testnet is live. Mainnet goes live Friday. It’s happening! How much of an airdrop will I get? What is the point of Terra 2? What protocols will be participating? Everything you need to know about Terra.
Terraform Labs co-founder Do Kwon an
