{"id":202134,"date":"2021-10-21T23:00:25","date_gmt":"2021-10-21T22:00:25","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=202134"},"modified":"2021-10-21T23:10:55","modified_gmt":"2021-10-21T22:10:55","slug":"wormhole-user-interface-support-for-terra-luna-has-arrived","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/wormhole-user-interface-support-for-terra-luna-has-arrived\/","title":{"rendered":"Solana&#8217;s Wormhole user interface support for Terra (LUNA) has arrived"},"content":{"rendered":"<p><a href=\"https:\/\/cryptoslate.com\/new-bridge-connects-binance-smart-chain-tokens-and-nfts-to-ethereum-and-solana\/\">Wormhole<\/a>, a cross-chain interoperability protocol that connects high-value blockchains, has recently added user interface (UI) support for the Terra (<a href=\"https:\/\/cryptoslate.com\/coins\/terra-luna\/\">LUNA<\/a>) network.<\/p>\n<p>A single unified interface will enable users to seamlessly transfer tokens between Terra, <a href=\"https:\/\/cryptoslate.com\/coins\/ethereum\/\">Ethereum<\/a>, <a href=\"https:\/\/cryptoslate.com\/coins\/solana\/\">Solana<\/a>, and <a href=\"https:\/\/cryptoslate.com\/coins\/binance-coin\/\">Binance Chain<\/a>.<\/p>\n<p>Since the Wormhole cross-chain bridge is planned to replace Shuttle, the Terra-Ethereum bridge will eventually become deprecated, meaning users will need to migrate their assets.<\/p>\n<h2>Migrating to USTw and LUNAw<\/h2>\n<p>According to Terra's developers, \u201cWormhole will become the preferred cross-chain bridge for Terra to Ethereum, BSC, and Solana as a decentralized improvement over Shuttle.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">1\/ The <a href=\"https:\/\/twitter.com\/wormholecrypto?ref_src=twsrc%5Etfw\">@wormholecrypto<\/a> support for Terra in the V2 UI is live! <\/p>\n<p>Transfers of <a href=\"https:\/\/twitter.com\/search?q=%24UST&src=ctag&ref_src=twsrc%5Etfw\">$UST<\/a> and <a href=\"https:\/\/twitter.com\/search?q=%24LUNA&src=ctag&ref_src=twsrc%5Etfw\">$LUNA<\/a> between Terra, <a href=\"https:\/\/twitter.com\/ethereum?ref_src=twsrc%5Etfw\">@ethereum<\/a>, <a href=\"https:\/\/twitter.com\/solana?ref_src=twsrc%5Etfw\">@solana<\/a>, and <a href=\"https:\/\/twitter.com\/BinanceChain?ref_src=twsrc%5Etfw\">@BinanceChain<\/a> via Wormhole\u2019s cross-chain bridge are now available \ud83d\ude42 <a href=\"https:\/\/t.co\/2gWsIq2KxW\">https:\/\/t.co\/2gWsIq2KxW<\/a><\/p>\n<p>&mdash; Terra (UST) ? Powered by LUNA ? (@terra_money) <a href=\"https:\/\/twitter.com\/terra_money\/status\/1450538513141690371?ref_src=twsrc%5Etfw\">October 19, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The network\u2019s latest interoperability boost enables users to port their Terra tokens without double wrapping them.<\/p>\n<p>Meanwhile, both Shuttle assets and Wormhole assets will continue to co-exist, Terra\u2019s developers explained in the official <a href=\"https:\/\/medium.com\/terra-money\/wormhole-v2-for-terra-the-ui-walkthrough-595ca6649ae8\">Medium<\/a> post announcement.<\/p>\n<p>\u201cThe plan is to gradually phase out Shuttle token liquidity, hook Wormhole into Terra Bridge, and drive liquidity to Wormhole. In the current Wormhole support for Terra, both <a href=\"https:\/\/cryptoslate.com\/coins\/terrausd\/\">UST<\/a> and LUNA will be available to transfer between chains,\u201d clarified the developers in the UI walkthrough, noting that they \u201cexpect the short-term co-existence of multiple bridge assets to become normalized as the industry transitions to more robust decentralization technology.\u201d<\/p>\n<p>\u201cUsers who hold Shuttle UST or LUNA on Ethereum or BSC will need to migrate their tokens to USTw and LUNAw before transferring them across Wormhole,\u201d the announcement added, pointing out that the tickers for Wormhole UST and LUNA on Ethereum, BSC, and Solana are USTw and LUNAw.<\/p>\n<h2>Phasing out Shuttle liquidity<\/h2>\n<p>According to the announcement, exchanges and projects on Ethereum, Solana, and BSC have been notified of the gradual phase-out of Shuttle liquidity.<\/p>\n<p>The project underscored that Wormhole V2 was launched with only UST and LUNA support until Terra\u2019s native protocols, Mirror (MIR) and Anchor (ANC), which are currently also working on independent migrations to Wormhole, complete the process within the next two weeks.<\/p>\n<blockquote><p>\u201cSeparate announcements and details will follow for mAssets, MIR, ANC, and other Terra assets moving forward,\u201d they reassured.<\/p><\/blockquote>\n<p>The added Wormhole support is expected to <a href=\"https:\/\/cryptoslate.com\/over-160-projects-will-launch-on-terra-luna-early-next-year\/\">further the adoption<\/a> of Terra\u2019s stablecoins, consequently increasing the native token\u2019s value.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wormhole, a cross-chain interoperability protocol that connects high-value blockchains, has recently added user interface (UI) support for the Terra (LUNA) network. A single unified interface will enable users to seamlessly transfer tokens between Terra, Ethereum, Solana, and Binance Chain. Since the Wormhole cross-chain bridge is planned to replace Shuttle, the Terra-Ethereum bridge will eventually become [&hellip;]<\/p>\n","protected":false},"author":699,"featured_media":202066,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46940,37],"tags":[76932,76930],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Solana&#039;s Wormhole user interface support for Terra (LUNA) has arrived<\/title>\n<meta name=\"description\" content=\"Wormhole, a cross-chain interoperability protocol that connects high value blockchains, has recently added UI support for Terra.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/wormhole-user-interface-support-for-terra-luna-has-arrived\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solana&#039;s Wormhole user interface support for Terra (LUNA) has arrived\" \/>\n<meta property=\"og:description\" content=\"Wormhole, a cross-chain interoperability protocol that connects high value blockchains, has recently added UI support for Terra.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/wormhole-user-interface-support-for-terra-luna-has-arrived\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-21T22:00:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-21T22:10:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/10\/wormhole-terra.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ana Grabundzija\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ana Grabundzija\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/wormhole-user-interface-support-for-terra-luna-has-arrived\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/wormhole-user-interface-support-for-terra-luna-has-arrived\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/ana-grabundzija\/#person\",\"name\":\"Ana Grabundzija\",\"url\":\"https:\/\/cryptoslate.com\/author\/ana-grabundzija\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/ana-grabundzija\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/ana-grabundzija\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/05\/cs-author-ana-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/05\/cs-author-ana-300x300.jpg\",\"caption\":\"Ana Grabundzija\"},\"jobTitle\":\"Journalist\",\"description\":\"Dr. Ana Grabundzija is a Zagreb-bred writer with an academic background in anthropology. 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In her Ph.D., she focused on the diffusion and adoption of new technologies. Her research on the spread of technological innovation in ancient societies led to a modern-day fascination with crypto and it\u2019s real-time evolution. She is currently based in Berlin immersed in the vibrant scenes of both Crypto and Techno.","url":"https:\/\/cryptoslate.com\/author\/ana-grabundzija\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/202134"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/699"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=202134"}],"version-history":[{"count":5,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/202134\/revisions"}],"predecessor-version":[{"id":202355,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/202134\/revisions\/202355"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/202066"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=202134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=202134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=202134"},{"taxonomy":"prediction_market_topic","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/prediction_market_topic?post=202134"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=202134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}