In today’s briefing:
- This Week in Crypto – The Luna 2.0 Plan
This Week in Crypto – The Luna 2.0 Plan
- TerraForm Labs Prepares Airdrop for LUNA 2.0 Launch – The creators of LUNA and UST have announced plans to airdrop new LUNA tokens to holders as of the date stamp of May 7, 2022.
- Old LUNA tokens will become called Luna Classic. While this is expected to represent much less than a penny on the dollar of the May 7 value, it gives Terra a chance to recover its ecosystem and builder community over time, which has been known for good UI/UX and ease of use.
- While many wrote Ethereum off after the 2016 DAO Hack, Ethereum eventually more than recovered. We shall see what happens to Terra.
Before it’s here, it’s on Smartkarma
