- Terra’s LUNA fork proposal has passed with 65.5% votes, Revival Plan 2 in action without algorithmic stablecoin UST.
- The Korean Herald writes Do Kwon contacted top five Korean cryptocurrency exchanges for LUNA 2.0 listing, but he denies it.
- Three law firms have offered to commit over $15 million to a community litigation fund for a potential class action lawsuit against Terraform Labs.
Terra’s LUNA 2.0 testnet is now live, the snapshot could happen on May 26 and the mainnet launch is expected to occur as soon as Friday, May 27, thus completing the LUNA fork. Terra’s mainnet launch will be accompanied by an airdrop for eligible LUNA and UST holders. Whistleblowers from the Terra community have gathered legal support and a litigation fund to file a lawsuit against Terraform Labs and its co-founders.
Also read: Is Do Kwon going to get arrested after Terra’s LUNA price collapse?
Terra’s LUNA 2.0 is here, testnet is now live
Voting on Do Kwon’s Terra Ecosystem Revival Plan 2 is now complete, with a majority of the community welcoming the rebirth of Terra, giving birth to LUNA 2.0. 65.5% of the votes were in favor of the plan to revive LUNA, and distribute the new token to “pre-attack” and “post-attack” LUNA and UST holders and the developer community.
Voting on Proposal 1623 Rebirth Terra Network ended
Orbital Command, a validator dedicated to educating the Terra community, announced on Twitter that LUNA 2.0 testnet is now live. The validator announced a mainnet launch is set to occur on May 27, the event that should complete Terra’s LUNA hard fork.
1/10 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 2.
— Orbital Command (,) (@orbital_command) May 24, 2022
