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The largest trading platforms announced their readiness to assist in the restoration of the network and will participate in the distribution of new Terra 2.0 tokens
The largest crypto exchanges announced their support and participation in the implementation of the plan of the CEO of Terraform Labs Do Kwon, which provides for the distribution of new tokens to LUNA and UST holders. The new Terra 2.0 blockchain will be launched on May 27.
The largest crypto platform Binance will support the distribution of new tokens, as reported on the official page of Terra on Twitter with reference to the Binance account. Cryptocurrency exchange Huobi also announced that it supports the launch of LUNA 2.0. in response to Terra’s report that as a result of the vote, an ecosystem restoration plan had been adopted by the community.
The HitBTC exchange announced in its official account that the new token of the Terra network (LUNA) will be available on the platform from May 27. The old version of the network will be renamed Terra Classic (LUNC).
ByBit announced the renaming of old tokens on the platform on May 26, and further receipt of new tokens to LUNA holders on their spot wallets through a giveaway from Terra.
Terraform Labs CEO Do Kwon has drawn up a plan to revive the Terra blockchain with token distribution to LUNA and UST holders. When the new network is launched, Luna owners will receive Luna 2.0 tokens.
According to a survey conducted on the website of the Terra project, more than 65% of users voted in favor of the implementation of Do Kwon’s proposal to launch a new version of the network, and only 0.33% of respondents are against.
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