Cryptocurrency News

Exchanges back ‘Terra 2.0 revival plan’ via airdrops, listing, buyback and burning

2022.05.27 16:06

Exchanges back ‘Terra 2.0 revival plan’ via airdrops, listing, buyback and burning
Exchanges back ‘Terra 2.0 revival plan’ via airdrops, listing, buyback and burning

The fall of Terra shook the entire crypto market. However, the project has no plans to stay down, having secured backing from crypto exchanges to help it rebuild.

In an announcement on Thursday, Terra provided details on an upcoming airdrop of the new native token for its new blockchain dubbed Terra 2.0. The distribution of tokens will proceed on Friday, and holders of Terra Luna Classic (LUNC), TerraUSD Classic (USTC) and Anchor Protocol UST (aUST) who are eligible will receive new tokens

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