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Terra community to vote on UST’s adoption on the Fantom blockchain

Hassan Maishera - Cryptowisser
2022-03-01 11:08
The Terra community is currently voting on Proposal 247, which seeks to push UST’s adoption on the Fantom blockchain. The adoption will be possible thanks to the partnership between Terra and Excalibur Exchange. So far, more than 13 million votes have been cast and nearly 100% of them are in favor of the proposal.
Terra is an algorithmic stablecoin platform operating on a Proof of Stake (PoS) blockchain infrastructure built with Tendermint.
LUNA, the native token of the Terra ecosystem, is up 26% in the last 24 hours and is trading at $93.62 at press time.
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