BNB Chain offers another lifeline to Terra ecosystem projects

Cointelegraph

Published May 19, 2022 08:29AM ET

Updated May 19, 2022 10:00AM ET

Binance will welcome migration and offer support to projects from the Terra (LUNA) ecosystem following this month’s unraveling of the decentralized finance (DeFi) platform and its algorithmic stablecoin.

BNB Chain has committed to providing investment and support to projects that are considering migrating from the Terra ecosystem in the wake of the biggest black swan event to hit the cryptocurrency space in recent years.

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