Terra 2.0 is a decentralised, open-source public blockchain protocol resulting from a community-supported separation of the original Terra blockchain. Born from the Terra Ecosystem Revival Plan 2 and built with interoperability in mind, the Terra 2.0 network will inherit Terra Classic’s developer pool. Terra 2.0 is a layer 1 blockchain built on the Cosmos SDK and Tendermint Consensus and LUNA is the native token used for governance of the network.
Following the Terra Ecosystem Revival Plan 2, the original LUNA token has been rebranded to Luna Classic or "LUNC". LUNC holders voted on a proposal to create a new blockchain, and migrate users and developers over to a new chain, without the original chain’s algorithmic stablecoin UST. The old chain has been renamed to Terra classic with LUNA classic coin (LUNC). The new chain is called Terra 2.0 and the new governance and utility token native to the new chain is called LUNA, known on eToro as LUNA2.
The distribution of the new LUNA coin was done by AirDrop.
The results of the vote.
Click here for official announcement regarding the migration.
LUNA2 is experiencing extreme volatility. Please proceed with caution.
You can track the price of LUNA2 tokens and other cryptocurrencies on eToro by adding them to your virtual portfolio.
LUNA is currently available as Close-Only positions, and only for eligible clients.
Exposure to $LUNA may carry high-risk. It may include price swings, order pauses and cancellations, blockchain vulnerabilities, low trading volumes, market illiquidity, delisting, suspension of trade, and other factors which may adversely affect your investing and significantly increase the likelihood of losing a substantial amount of your funds (or all of them), even over a short period of time. Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
See
responsible-trading.