Columbus-5 Launches by Terra

Published on: 30.09.2021
Columbus-5 Launches by Terra

Terra announced Terra Columbus-5 mainnet has arrived.

Following the successful migration of Columbus-4 to Columbus-5, Terra’s boldest and most significant mainnet upgrade since the inception of the Terra protocol is now officially live.

Col-5 unlocks numerous dimensions for the Terra ecosystem to better capture value, port assets across chains, and set the foundation for a vibrant TeFi economy.

Many of the most notable changes to the Terra protocol in Columbus-5 have come from you, the wonderful LUNAtic community. The on-chain community votes over the past several months have been aggregated into a pivotal mainnet upgrade, Columbus-5, that will change many facets of the Terra protocol.

Most notably, this includes the economic changes induced by Columbus-5’s restructuring of Terra economics mechanics on the supply side.

Primarily, these fall into 3 buckets:

  1. Simplifying Treasury Module Logic
  2. Dividend Swap Fees to Faithful Oracles
  3. Mempool Prioritization

About Terra

Terra is a price-stable cryptocurrency that will power the next-generation payment network and grow the real GDP of the blockchain economy.

📰 INFO

https://medium.com/terra-money/columbus-5-launches-welcome-to-the-future-of-terra-8a9ebfa570c5

Market Stats:
BTC Dominance: 61.12%(+0.67%/24h)
ETH Dominance: 9.91%(-0.49%/24h)
Defi Market Cap: $90.2B(+72.82%/24h)
Total Market Cap: $2916.52B(-7.10%/24h)
Total Trading Volume 24h: $167.77B(+102.73%/24h)
ETH Market Cap: $288.01B
Defi to ETH Ratio: 31.32%
Defi Dominance: 2.98%
Altcoin Market Cap: $1133.93B
Altcoin Volume 24h: $105.29B
Total Cryptocurrencies: 33929
Active Cryptocurrencies: 10886
Active Market Pairs: 101067
Active Exchanges: 797
Total Exchanges: 10119
BTC: 89730.85$(-0.89%/1H)
ETH: 2398.4$(-1.55%/1H)
AVAX: 21.14$(-0.11%/1H)
BNB: 605.51$(0.38%/1H)
MATIC: 0.26$(-0.33%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.67$(-0.02%/1H)
DOT: 4.33$(1.16%/1H)
UNI: 7.81$(2.03%/1H)
CAKE: 2.16$(2.01%/1H)
SUSHI: 0.73$(1.67%/1H)
ONE: 0.01$(2.02%/1H)