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After the de-pegging fiasco occurred on the Terra ecosystem amid the recent bloodbath, Do Kwon, founder of the crypto project, proposed the Luna ‘Revival Plan 2’ a week ago to prevent a total collapse.
Afterward, the company announced today via a tweet that the proposal to salvage the Terra blockchain is now approved. In line with the newly developed structure of the blockchain, it was renamed Terra Classic. Similarly, its token name has changed to Luna Classic, with a ticker of LUNC. On the...
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