Resurrection alert: Terra ($LUNA) is back on the menu. Token distribution underway, Do Kwon announces.
Dubbed Phoenix-1, the Terra 2.0 mainnet went live today, May 28, as per the original timeline set by Terra developers and started producing blocks. Kwon also informed that public node services, wallets and explorers would follow the mainnet to go live soon after.
Following the plan from the original proposal, which recommended issuing the new LUNA tokens to existing investors, Kown“To view your $LUNA token balances, you only need to log into station and refresh the page.” Moreover, investors that are migrating over the inter‐blockchain communication protocol are required to create a station wallet with the same ledger and follow the instructions provided upon wallet creation.wherein users can view their Terra wallet balances. As Cointelegraph previously reported, numerous crypto exchanges have joined Terra’s relaunch by helping with airdrops.
According to the revival plan, users previously holding Terra Luna Classic , TerraUSD Classic and Anchor Protocol UST are eligible to receive new tokens.
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