1/ #LUNAtics, your votes are in and the Terra Phoenix Airdrop proposal has passed β
With the passing, 19,504,909 $LUNA will be requested from the Community Pool to execute an airdrop to wallets that did not receive the correct amount at Genesis.
2/ π§΅with the TLDR and how to claim your $LUNA if the proposal passes
3/ If passed, 19,504,909 $LUNA will be requested from the Community Pool to execute an airdrop to wallets that did not receive the correct amount at Genesis due to technical constraints or indexing issues.
3/ Your new go-to resource has some key features we know youβll like:
β Login with your Terra Station wallet
β Token gating on topics to deter spam
β Discussion post-polling
β Intuitive & organized interface
β Clear labeling of governance process stages (coming soon)
1/ Block 1 of the brand new Terra blockchain (with a chain_id of βPhoenix-1β) has officially been produced at 06:00 AM UTC on May 28th, 2022!
Congratulations to the #LUNAtic community on this expeditious feat of collaboration π
2/ Those who were eligible for the $LUNA airdrop can view their wallet balances on the new chain by selecting the βPhoenix-1β 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.
1/ Yesterday, we said Terra 2.0 is coming. Tomorrow, it arrives.
The community has been working around the clock to coordinate the new chainβs 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 π
Weβd like to thank each and every one of you for making this possible π€
3/ Ahead of Genesis, here are the most important things to know π
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 β which has everything you need to know about our path forward β can be read in full here.
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.