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Terra 🌍 Powered by LUNA 🌕 Profile picture
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Jun 7 • 9 tweets • 3 min read
1/ The #LUNAtic community continues to amaze. Within a week of Terra 2.0 going live, many of your favorite dApps are up & running. More to come 🔜

As part of launch, Terra’s Agora governance forum is getting an upgrade 💪
2/ The agora.terra.money domain will now redirect to the new Terra governance forum with a new & improved interface. Check it out here 👇

commonwealth.im/terra
3/ Your new go-to resource has some key features we know you’ll like:

✅Login with your Terra Station wallet
✅Token gating on topics to deter spam
✅Discussion post-polling
✅Intuitive & organized interface
✅Clear labeling of governance process stages (coming soon)
4/ For those who still want access, the classic-agora.terra.money domain will become the governance forum for the Terra Classic network. No past files or data will be deleted in this move.
5/ In order to more clearly delineate between Terra Classic & Terra 2.0 & avoid community confusion, we’re launching a dedicated Twitter handle for Terra Classic & a new Telegram chat for Terra 2.0.
6/ For all updates & announcements regarding Terra Classic on Twitter, please check out & follow @TerraC_Money.

@Terra_Money will now exclusively cover Terra 2.0.
7/ For the latest news & discussion on Telegram for all things Terra 2.0, please join 👇

t.me/TerraNetworkLo…

t.me/TerraLunaChat will remain your dedicated space for Terra Classic happenings.
8/ Similarly, a new Discord server has been launched for Terra 2.0, please join 👇

terra.sc/discord

terra.sc/classicdiscord will remain as a dedicated server for all things Terra Classic.
9/ The best community in Web3 is just getting started. Stay connected here for everything you need to know about Terra 2.0 👊

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More from @terra_money

Terra 🌍 Powered by LUNA 🌕 Profile picture
May 28
1/ Block 1 of the brand new Terra blockchain (with a chain_id of “Phoenix-1”) has officially been produced at 06:00 AM UTC on May 28th, 2022!

Congratulations to the #LUNAtic community on this expeditious feat of collaboration 🎉
2/ Those who were eligible for the $LUNA airdrop can view their wallet balances on the new chain by selecting the “Phoenix-1” network in their Terra Station browser extension.
3/ Users can do multiple things with their liquid $LUNA, including staking it on Terra Station to their preferred validator(s) to earn rewards & participate in governance decisions, using it on dApps upon launch, or trading it on an exchange.
Read 10 tweets
Terra 🌍 Powered by LUNA 🌕 Profile picture
May 27
1/ Yesterday, we said Terra 2.0 is coming. Tomorrow, it arrives.

The community has been working around the clock to coordinate the new chain’s launch. Subject to potential change, we expect Terra to go live on May 28th, 2022 at around 06:00 AM UTC.
2/ To reach this point so quickly speaks volumes about our incredible community of users, validators, developers, and exchange partners 🌎

We’d like to thank each and every one of you for making this possible 🤝
3/ Ahead of Genesis, here are the most important things to know 👇
Read 18 tweets
Terra 🌍 Powered by LUNA 🌕 Profile picture
May 25
1/ Terra 2.0 is coming.
With overwhelming support, the Terra ecosystem has voted to pass Proposal 1623, calling for the genesis of a new blockchain and the preservation of our community.
2/ The Terra Ecosystem Revival Plan – which has everything you need to know about our path forward – can be read in full here.

agora.terra.money/t/terra-ecosys…
3/ It will effectively create a new Terra chain without the algorithmic stablecoin. The old chain will be called Terra Classic (token: $LUNC), and the new chain will be called Terra (token: $LUNA). The chain upgrade will commence a few hours after the Launch snapshot.
Read 14 tweets
Terra 🌍 Powered by LUNA 🌕 Profile picture
May 23
1/ Recently, a few community members (including some from TFL) have referred to the proposed new blockchain in Prop 1623 as a “fork” as opposed to a genesis chain.

Note: The revival plan is not proposing a “fork” of the existing chain, but rather the creation of a new one 🧵.
2/ What is a fork?

A (hard) fork refers to a change in a blockchain protocol that results in two blockchains - one that follows the previous protocol & one that follows the new version. The new chain shares all of its previous history with the original.
3/ The important distinction here is that a forked blockchain “shares all of its history with the original (chain)”, which Terra 2.0 will not.
Read 7 tweets
Terra 🌍 Powered by LUNA 🌕 Profile picture
May 20
1/ Recently, bad actors have been capitalizing on Terra-related events by purchasing $LUNA & posting fake proposals on Station with phishing sites quoted in the link. These proposals claim to lead users to a preview of Terra 2.0 & dApps launched by us - which is not the case.
2/ In addition, we have also seen a rapid increase in spam proposals as the discount on $LUNA made it economically cheap to post anything one desired.
3/ To prevent scams/spam & protect users, props will be added to an allowlist (visible after clicking on “Governance” on Station) at this point while we try to find a more sustainable solution in preventing these types of props from being posted on Terra’s Governance platform.
Read 9 tweets
Terra 🌍 Powered by LUNA 🌕 Profile picture
May 20
1/ We have published an amendment to Proposal 1623, incorporating the community’s feedback since its publication 2 days ago. Please see below for details 👇

agora.terra.money/t/terra-ecosys…
2/ There are 3 revisions included in this amendment 🧵:
3/ 1. Increasing genesis liquidity:

For pre-attack $aUST holders, post-attack $LUNA holders, & post-attack $UST holders, the initial liquidity parameters have been modified from 15% to 30% to increase token supply at launch & mitigate future inflationary pressures.
Read 8 tweets

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