Terra blockchain to be split after vote passed with 65% support
The vote was approved by an overwhelming margin of 65.5% yes to 1.2% no
By Yashasvini Razdan
Published - May 25, 2022, 07:33 PM ET
Last Updated - Feb 29, 2024, 12:36 PM EST
• The vote was approved by an overwhelming margin of 65.5% yes to 1.2% no
The crumbling Terra blockchain has a hope of living another day after a vote to create a newTerra blockchain was passed early Wednesday morning.
The new Terra blockchain will start running a coin under the existing Luna name and ticker, and won’t include the TerraUSD stablecoin.