Terra 2.0 To Abandon These Key Wallets Along With UST

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Terra’s revival plan will abandon the UST stablecoin entirely from the new blockchain, which is set to launch this week.

But the new blockchain, Terra 2.0, will also exclude three wallets that played a critical role in the original chain.

A tweet from Terra’s official Twitter account confirms that Terraform Labs (TFL), the Luna Foundation Guard (LFG) and the old community pool will be excluded from Terra 2.0.

Specifically, the wallets will not be privy to the airdrop of new LUNA tokens that is set to take place this week.

Terra 2.0 to be community owned

The exclusion comes in line with statements from founder Do Kwon that Terra 2.0 will be entirely community-owned and operated. TFL and LFG were the founders and heads of Terra Classic, and may likely remain so.

Regulation and Society adoption

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