LUNA Fiasco Continues, Terra 2.0 Launch Delayed for a Day

Terra Money made an announcement on social media stating the migration of Terra 2.0 and its token LUNA airdrop is delayed to May 28 at 06:00 AM UTC. Though the reason behind this delay is unrevealed, validators’ work on the genesis and coordinating exchanges disagreement to support seem to be the possible causes behind the delay.

1/ Yesterday, we said Terra 2.0 is coming. Tomorrow, it arrives.

The community has been working around the clock to coordinate the new chain’s launch. Subject to potential change, we expect Terra to go live on May 28th, 2022 at around 06:00 AM UTC.

— Terra