🚨PRODUCT NEWS 🚨
Keeping up with our product updates can be a lot (it’s giving CVS receipt).
That’s why we created a little cheat sheet for all our biggest drops, all in one place — and we call it 🥁
💡 Spotlight 💡
See all of our newest updates at https://t.co/tqM56s0Tez
"For a small amount of perspective at this moment, imagine you were born in 1900…
Then on your 14th birthday, World War I starts, and ends on your 18th birthday. 22 million people perish in that war, including many of your friends who volunteered to defend freedom in Europe.
Later in the year, a Spanish Flu epidemic hits the planet and runs until your 20th birthday. 50 million people die from it in those two years. Yes, 50 million.
On your 29th birthday, the Great Depression begins. Unemployment hits 25%, the World GDP drops 27%. That runs until you are 38. The country nearly collapses along with the world economy. If you were lucky, you had a job that paid $300 a year, a dollar a day.
When you turn 39, World War II starts. You aren't even over the hill yet, but don't try to catch your breath. If you lived in London, England, or most of continental Europe, bombing of your neighborhood, or invasion of your country by foreign soldiers along with their tank and artillery was a daily event. Between your 39th and 45th birthday, 75 million people perish in the war.
At 50, the Korean War starts. 5 million perish. At 55, the Vietnam War begins and doesn't end for 20 years. Millions of people perish in that conflict.
On your 62nd birthday, there is the Cuban Missile Crisis, a tipping point in the Cold War. Life on our planet, as we know it, could have ended. Sensible leaders prevented that from happening.
In 2020, we have the COVID-19 pandemic. Thousands have died; it feels pretty dangerous; and it is.
Now think of everyone on the planet born in 1900. How do you think they survived all of the above? When you were a kid in 1965, you didn't think your 65-year-old grandparents understood how hard school was, and how mean that kid in your class was. Yet they survived through everything listed above.
Perspective is an amazing art. Refined as time goes on, and very enlightening. So, let's try and keep things in perspective. Let's be smart, we are all in this together. Let's help each other out, and we will get through all of this.”
-Author Unknown
ℹ️ Kraken will endeavor to support the wider @terra_money update and the new Terra 2.0 token airdrop. This new token will be called #LUNA2.
Check out our Support Center article for more details👇
https://t.co/Jzr9tDNQxL
14/ Our strength will always be in our community, and today is the most resounding sign yet of our resilience. We can’t wait to resume our work together building the future of money.
13/ Terra is powered by a passionate community and a deep pool of developer talent. Many of you shared thoughts and ideas on the proposal, and those contributions led to significant improvements. Thank you for your engagement.
11/ To Terra Validators and dApp Developers, we can’t wait to see where you take this. Please make sure to check out our migration guides to your new home:
● For Validators: https://t.co/zYv40c2v9j
● For dApp Developers: https://t.co/zYv40c2v9j
10/ We are proud to be working closely with CEX partners, such as @binance, @bybit_official and many others, to support the airdrop to our community members who held tokens on exchanges.
9/ The removal of these wallets from the airdrop whitelist will make Terra a fully community-owned chain. We believe this is an important step to empowering our ecosystem.
8/ TFL’s wallet (terra1dp0taj85ruc299rkdvzp4z5pfg6z6swaed74e6), LFG’s wallet (terra1gr0xesnseevzt3h4nxr64sh5gk4dwrwgszx3nw) and the distribution module where the Community Pool lives (terra1jv65s3grqf6v6jl3dp4t6c9t9rk99cd8pm7utl) will be removed in the airdrop whitelist.
7/ As you can see, the proposal allocates a large portion of the token distribution to provide runway for existing Terra dApp developers and to align the interest of developers with the long-term success of the ecosystem.
6/ Token distribution details can be found in the governance proposal, but to summarize:
● Community pool: 30%
● Pre-attack $LUNA holders: 35%
● Pre-attack aUST holders: 10%
● Post-attack $LUNA holders: 10%
● Post-attack $UST holders: 15%
4/ The final release of the new Terra Core has been released in preparation for the new chain launch on 27 May: https://t.co/u2c1TDxg6j
The code has successfully passed an audit by @scv_security: https://t.co/Rde8CTqBf8
3/ It will effectively create a new Terra chain without the algorithmic stablecoin. The old chain will be called Terra Classic (token: $LUNC), and the new chain will be called Terra (token: $LUNA). The chain upgrade will commence a few hours after the Launch snapshot.
1/ Terra 2.0 is coming.
With overwhelming support, the Terra ecosystem has voted to pass Proposal 1623, calling for the genesis of a new blockchain and the preservation of our community.