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: 64.7%(+0.26%/24h)
ETH Dominance: 9.07%(-0.17%/24h)
Defi Market Cap: $102.91B(-9.91%/24h)
Total Market Cap: $3313.25B(-2.21%/24h)
Total Trading Volume 24h: $98.19B(-18.73%/24h)
ETH Market Cap: $300.56B
Defi to ETH Ratio: 34.24%
Defi Dominance: 3.03%
Altcoin Market Cap: $1169.52B
Altcoin Volume 24h: $54.62B
Total Cryptocurrencies: 35133
Active Cryptocurrencies: 9512
Active Market Pairs: 104327
Active Exchanges: 829
Total Exchanges: 10604
BTC: 107792.78$(0.02%/1H)
ETH: 2490.33$(-0.18%/1H)
AVAX: 17.66$(-0.25%/1H)
BNB: 652.52$(0.06%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.57$(-0.05%/1H)
DOT: 3.34$(-0.09%/1H)
UNI: 6.9$(-0.48%/1H)
CAKE: 2.22$(-0.06%/1H)
SUSHI: 0.59$(-0.21%/1H)
ONE: 0.01$(0.35%/1H)