Which crypto exchanges support Luna 2.0?

The new Luna 2.0 crypto exchanges list is growing with crypto heavyweights like Binance and Kraken declaring their support for Luna 2.0. With the launch of Luna 2.0, several crypto exchanges that had earlier participated in Luna delisting are now planning to onboard the new Luna token again.

How will Terra's new Luna 2.0 coin be distributed?

As Terra 2.0 launches tomorrow, Terra will conduct an airdrop of the new LUNA 2.0 coin. A fully decentralized asset, 70% of the total supply will be distributed via this airdrop to Luna Classic holders. Anybody who owns the original LUNA or UST will be eligible to receive LUNA 2.0 tomorrow.

What happened to Luna crypto?

There are two stories regarding Luna crypto: the TerraUSD/UST stablecoin and the actual Luna coin. Once Luna and UST crashed, there was a total liquidity crunch in the cryptocurrency space that caused an even more catastrophic loss of value. The crypto community still hasn’t recovered.

What's new in Luna 2?

Alongside this, Luna 2.0 replaced the existing version of Luna. It has severed ties to the UST stablecoin that saw the crash happen in the first place. Alongside the new chain, most of the dApps will also migrate to the new chain. Most other features will transfer over, according to Terra.