In response to the Terra ecosystem revival plan, the original Terra blockchain was renamed Terra Classic, and its tokens LUNA and UST were renamed Luna Classic (LUNC) and TerraClassicUSD (USTC).
The Terra 2.0 chain, launched by the Terra Foundation, will support the new LUNA. The new blockchain will assume Terra’s previous role as the pillar of the Cosmos (ATOM-USD) blockchain ecosystem.
Additionally, all holders of LUNA prior to the attack will be airdropped new LUNA tokens on a later date, as per the LUNA 2.0 airdrop. Read more about the LUNA airdrop on our blog.
In support of the new chain, please note the following market opening schedule for LUNA/USD (PST):
- Deposit & withdrawal: Monday, May 30 at 7:00 PM PT
- Trading: Tuesday, May 31 at 7:00 AM PT
Note: LUNA will not be available to residents of the European Union, United Kingdom, Singapore, or Brunei.
May 31, 2022