Terra 2.0 launch delayed to 28 May as major exchanges announce LUNA airdrop support

Terra 2.0 will now launch its mainnet on 28 May 2022, the team behind the blockchain has announced.

While the announcement made via its official Twitter account did not specify the reasons for the delay, it expects the chain’s version two to go live at 6:00 AM UTC (tomorrow 28 May).

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.

— Terra 🌍 Powered by LUNA 🌕 (@terra_money) May 27, 2024

“Block 1 of the new chain will be produced following a supermajority of interconnected validators running simultaneously,” the team shared in the thread.

As for what the community should look forward to, Terra says:

18/ Terra 2.0 is bringing the same ideals you fell in love with the first time: world-class UI/UX, our amazing #LUNAtic community, and a deep, talented developer pool poised to build the future of DeFi.