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

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