Major exchanges will support the launch of Terra 2.0

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The largest crypto exchanges announced their support and participation in the implementation of the plan of Terraform Labs CEO Do Kwon, which provides for the distribution of new tokens to holders of LUNA and UST. The new Terra 2.0 blockchain will be launched on May 27, writes RBC Crypto.

The largest crypto platform Binance will support the distribution of new tokens, about which reported on the official Terra Twitter page with a link to the Binance account. Cryptocurrency exchange Huobi also announced, which supports running LUNA 2.0. in response to Terra’s announcement that the ecosystem restoration plan was voted on by the community.

Exchange HitBTC announced in his official account that the new Terra Network Token (LUNA) will be available on the platform from May 27th. The old version of the network will be renamed Terra Classic (LUNC).

ByBit reported on the renaming of old tokens on the platform on May 26, and the further receipt of new tokens by LUNA holders on their spot wallets through distribution from Terra.

Terraform Labs CEO Do Kwon compiled plan the revival of the Terra blockchain with the distribution of tokens among LUNA and UST holders. When the new network is launched, Luna holders will receive Luna 2.0 tokens.

According to surveyconducted on the Terra project website, more than 65% of users voted in favor of implementing Do Kwon’s proposal to launch a new version of the network, and only 0.33% of those polled were against.

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Source: Cryptocurrency

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