1/ Block 1 of the brand new Terra blockchain (with a chain_id of “Phoenix-1”) has officially been produced at 06:00 AM UTC on May 28th, 2022!
Congratulations to the #LUNAtic community on this expeditious feat of collaboration 🎉
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 has been a foundational catalyst in the growth of Hero
As we expand and bridge across networks, Hero will always be rooted in the $LUNA community and stand by a new @terra_money chain #IBC#TerraisMoreThanUST
1/ Prop 1299 to (re)enable IBC has passed but did not successfully execute due to technical issues. Namely, the proposal attempted to enable IBC transfers which were already enabled 🧵.
To clarify, as I’ve noted multiple times i dont think sending tokens to this address to burn tokens is a good idea - nothing happens except that you lose your tokens
Want there to be no confusion whatsoever
1/ Prop 1188 to ‘Burn the remaining UST in community pool + cross-chain liquidity incentive UST’ passed but did not successfully execute due to technical issues - it attempted to burn more $UST from the pool than existed.
More info can be found here 👇
https://t.co/7iqXQ2Z5o1
1/ Recently, bad actors have been capitalizing on Terra-related events by purchasing $LUNA & posting fake proposals on Station with phishing sites quoted in the link. These proposals claim to lead users to a preview of Terra 2.0 & dApps launched by us - which is not the case.