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Wormhole V2 for Terra
Terra support for Wormhole V2 has been live for several weeks, with the Wormhole Guardian set operating smoothly on the mainnet. Now, the Wormhole V2 user interface (UI) supports Terra — meaning that users can seamlessly port assets between Terra, Solana, Ethereum, and Binance Smart Chain via a single, unified interface!
The High-Level Overview
First, it’s important to denote that Wormhole V2 Terra assets are different from the current Shuttle bridge assets circulating on Ethereum, Polygon, and Binance Smart Chain. Wormhole V2 assets are incompatible with Shuttle assets, and so are the exchange wallets and many Shuttle ERC-20 UST and LUNA pools on Ethereum.
As such, we have notified exchanges supporting Shuttle ERC-20 assets and relevant third-party projects about the gradual transition to Wormhole as the preferred cross-chain bridge for Terra, Ethereum, Solana, and BSC moving forward.
Notably, Wormhole V2 has launched with ONLY UST and LUNA support until Mirror and Anchor migrate independently to Wormhole within the next 2 weeks. Separate announcements and details will follow for mAssets, MIR, ANC, and other Terra assets moving forward.
Click here to get more details about Wormhole V2.