DeFi

Col-5 is coming to Terra (LUNA) and the community is bullish, but what is it?

Col-5 is coming to Terra (LUNA) and the community is bullish, but what is it?

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The most crucial network upgrade is set to unchain a slew of new protocols, drive the adoption of Terra’s stablecoins and further boost the demand for LUNA.

· 2 min read

Col-5 is coming to Terra (LUNA) and the community is bullish, but what is it?

The growing awareness for Terra’s native token LUNA has been largely driven by broadcasts surrounding the network’s pivotal upgrade, Columbus-5 initially planned for September 9.

The Terra team has recently announced that the Columbus-5 mainnet deployment will be delayed for roughly three weeks while reassuring the impatient community there is “no reason to fret.” Why the buzz The major upgrade will activate the Inter Blockchain Communication protocol to communicate with Cosmos and other blockchains.

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