What's Next? The Verdict Is Here

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For the past week, stablecoins have been the talk of digital currency as the impossible became possible which was inevitable because it was bound to happen.
Experts have said that the game Terra played with its algorithmic stablecoin that was on the list of top 5 cryptocurrencies was bound to fall.
We've all heard the story so it's no news or no new thing any longer.
After the crash of Terra blockchain as a whole which includes Luna and UST, the eyes of downfall as been keen on the fall of all cryptocurrencies as the market make it seem as so.

I recall reading somewhere yesterday or two days ago that the co-founder of TerraLabs had seen the downfall of the the stablecoin UST which inevitably affected it's cryptocurrency LUNA.
After the fall fingers have been pointed but a call to action was initiated to bring the dead back to life.
As the good book says dry bones shall rise again.
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The question of burning or forking Terra has been the main point as the decision to fork the blockchain to Terra 2.0 was agreed on to recover from the shackles of death.
Is that the best move?
Many have given opinions on what would happen but the decision have been made and there's actually no stopping.

The Verdict Is Here

Terra 2.0 is going live tomorrow Saturday, 28th of June as Terra would be rise from the ashes but this time without a stablecoin which caused its downfall.
Speechless is the only way I am as eyes would veer on the outcome of this forking.

Is this the best option?
Yes, you'd hear.
No, you'd also hear, all I can do is to watch the outcome.

So many lost a lot from Terra's ecosystem fall and personally, I think many are going to dump it as fast as they can and reciprocate whatever is left hanging, washing their hands off in regret.

As Terra begins it's new race, there'd also be a Luna airdrop for its holders.
Ultimately that's to put smiles on there faces.

What actually happened with the Terra ecosystem was a lot to bear as the fall was rapid and beyond comprehension.

Thanks for visiting my blog, till next time.

Posted Using LeoFinance Beta



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4 comments
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That trust is shattered, many are just trying to get whatever they can from what would be from Terra 2.0

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Do you know the legal name of @themarkymark ???? It is needed to contact his local police station. Any information to his whereabouts would be much appreciated.

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