Cryptocurrency News

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

05/26/2022

Less than a minute

2022.05.26 15:56

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 (LUNA) shook the entire crypto market. However, the project has no plans to stay down as the project secured backing from crypto exchanges to help it rebuild.

In an announcement Thursday, Terra provided details about the airdrop of the new native token within its new blockchain dubbed Terra 2.0. The distribution of tokens will proceed on May 27, 2022 and holders of Terra Luna Classic (LUNC), TerraUSD Classic (USTC) and Anchor Protocol UST (aUST) who are eligible will receive new tokens.

05/26/2022

Less than a minute

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