A few weeks ago, Terra (UST-USD), the third-largest stablecoin in the crypto market, was delisted from the US dollar and crashed along with its reserve asset, Luna (LUNA1-USD). This is after experiencing a massive sell-off of over 99% of its value, resulting in Investors losing all their funds and life savings as in the case of the supposed stablecoin – UST. To restore the asset, Terra Luna’s founder, Do Kown, unveiled a new “Terra Ecosystem Revival Plan 2“. This will mean Terra will be a separate chain from TerraUSD (UST) or any other algorithmic stablecoin. One billion new Luna tokens
The post Terra Classic (LUNC) vs. Luna 2.0 (LUNA) appeared first on The Merkle News.
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