Terra Revival

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Terra Revival related articles on BTCC. Do Kwon confirmed the relaunch of Terra 2.0, the company’s new chain that intends to resuscitate LUNA and TerraUSD ecosystems. Hard forking the existing blockchain and reissuing LUNA tokens to existing investors based on a snapshot taken before the death spiral bled the LUNA and UST markets – Effectively resulting in unrecoverable losses for investors part of Kwon’s Terra resurrection plan. Unfortunately for Terra and Luna advocates, the ship is already sinking.