{"id":447838,"date":"2022-05-16T17:03:25","date_gmt":"2022-05-16T14:03:25","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/polygon-and-others-extend-helping-hand-to-terra-blockchain-projects\/"},"modified":"2022-05-16T17:03:25","modified_gmt":"2022-05-16T14:03:25","slug":"polygon-and-others-extend-helping-hand-to-terra-blockchain-projects","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/polygon-and-others-extend-helping-hand-to-terra-blockchain-projects\/","title":{"rendered":"# Polygon and others extend helping hand to Terra blockchain projects"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a292f82600cc\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a292f82600cc\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/polygon-and-others-extend-helping-hand-to-terra-blockchain-projects\/#%E2%80%9D_Polygon_and_others_extend_helping_hand_to_Terra_blockchain_projects_%E2%80%9C\" >&#8221; Polygon and others extend helping hand to Terra blockchain projects &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Polygon_and_others_extend_helping_hand_to_Terra_blockchain_projects_%E2%80%9C\"><\/span>&#8221; Polygon and others extend helping hand to Terra blockchain projects &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvMjEyOWMwZDAtZjc0Ny00MDczLWJjZWYtMzQyYzljNTIzYmZiLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-2a0745c6>Numerous developers have been left in uncertainty in the aftermath of the Terra (LUNA) collapse. These Terra-based projects, which are already under a lot of pressure, may be able to save their communities and projects by migrating to other networks.<\/p>\n<p>In a move that is expected to benefit both the Polygon (MATIC) community and Terra projects, Polygon Studios&#8217; CEO Ryan Wyatt <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Fwiz\/status\/1525887462093910016\">tweeted <\/a>on Monday that Polygon is working with a number of Terra projects to assist them to migrate to the Polygon Network. The Polygon community, according to Wyatt, &#8220;is ready to welcome the developers and communities of these Terra projects.&#8221; He also stated that Polygon would provide the capital and resources needed to assist them in their migration.<\/p>\n<p>Polygon founder Sandeep Nailwal added his two cents by detailing which options are most suitable for Terra projects. He suggested that Polygon&#8217;s proof-of-stake chain may be utilized by community projects needing a common chain. Nailwal noted that ZK Rollups will be available on the proof-of-stake network soon.\u00a0<\/p>\n<p>Layer-1 blockchain project Fantom also extended its support to the Terra community by stating that Fantom is prepared to assist any project or developer who desires to move away from Terra blockchain. The team at Fantom also detailed a grant program to help with integration, marketing and connections.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Any Terra Luna projects out there looking for a new chain, please PM us.<\/p>\n<p>Fantom\u2019s uptime is 100%, fast, low-cost, and reliable, with a great community.<\/p>\n<p>Can assist with a grant program, integration, marketing, and connections.<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/terra?src=hash&amp;ref_src=twsrc%5Etfw\">#terra<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Terra_Luna?src=hash&amp;ref_src=twsrc%5Etfw\">#Terra_Luna<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Luna?src=hash&amp;ref_src=twsrc%5Etfw\">#Luna<\/a><\/p>\n<p>\u2014 Fantom Foundation (@FantomFDN) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/FantomFDN\/status\/1525914276157964288?ref_src=twsrc%5Etfw\">May 15, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nThese efforts are sure to help get many Terra projects back on their feet following last week&#8217;s events. Do Kwon, the creator of Terra, finally spoke up and offered a recovery plan. The possibility of implementing a hard fork in the Terra blockchain is one of the ideas being considered. However, because there is an overabundance of LUNA in the market right now, Binance CEO Changpeng Zhao <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/cz_binance\/status\/1525448766274289664\">stated<\/a> that this <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roach will not work.<\/p>\n<p><strong><em>Related:<\/em><\/strong><strong><em> <\/em><\/strong><strong><em>80,000 Bitcoin gone: What\u2019s left in Luna\u2019s reserve wallet?<\/em><\/strong><\/p>\n<p>Despite his reservations, CZ agreed to offer assistance to the Terra community. He stated that:<\/p>\n<blockquote><p>\u201cRegardless of my personal views, or the solution chosen in the end, we will always be here to support the community in any way we can.\u201d<\/p><\/blockquote>\n<p>The Ethereum co-founder Vitalik Buterin has also offered his opinion on the issue. Buterin thinks that any repayment plan for Terra should give special consideration to small investors.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/polygon-and-others-extend-helping-hand-to-terra-blockchain-projects\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Polygon and others extend helping hand to Terra blockchain projects &#8220; Numerous developers have been left in uncertainty in the aftermath of the Terra (LUNA) collapse. These Terra-based projects, which are already under a lot of pressure, may be able to save their communities and projects by migrating to other networks. In a move&#8230;<\/p>\n","protected":false},"author":1,"featured_media":447839,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvMjEyOWMwZDAtZjc0Ny00MDczLWJjZWYtMzQyYzljNTIzYmZiLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,74868,129196,113408,122378,7058,73821],"class_list":["post-447838","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-defi","tag-fantom","tag-polygon","tag-terra","tag-community","tag-developers"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/447838","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=447838"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/447838\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/447839"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=447838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=447838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=447838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}