An attempt was made through Terra 2.0 to compensate projects by providing much-needed liquidity to those affected. The grants were distributed on June 17, with half of the tokens available on that date, and the rest remained locked for a period of three to six months of linear vesting.
For the projects that stayed, the Terra 2.0 Emergency Builder Allocation program will unlock a new round of tokens for 35 projects. On Sept. 17, Neptune finance will receive the biggest amount of LUNA of almost $185,000 in value.The last group of 15 projects for this program will receive the tokens on Dec. 17, Astroport will unlock the most with $1.25 million worth of LUNA and Leap Wallet receiving the smallest amount of this group with $235,000 worth of LUNA at current market price.
As Terra was built from within the Cosmos network, this was a natural migration choice for some of the protocols. The IBC architecture enabled projects to stay within this ecosystem and easily relocate to a new blockchain.using developer grants to lure talentWith the Ethereum Merge right around the corner, Ethereum Virtual Machine compatible blockchains have been outperforming the rest.from the Terra ecosystem through Polygon’s multimillion-dollar Terra Developer Fund.
These projects have a chance to be reborn
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