Wormhole Adds User Interface for Terra

Wormhole, a cross-chain interoperability protocol that connects high-performance blockchains, recently added user interface support for the Terra Network (LUNA). A single unified interface will allow users to seamlessly transfer tokens between Terra, Ethereum, Solana, and Binance Chain.

According to Terra developers, Wormhole will be the preferred gateway for Terra, to Ethereum, BSC, and Solana as a decentralized improvement over Shuttle. Recent improvements to network interoperability allow users to transfer their Terra tokens without double-wrapping them. Meanwhile, both Shuttle and Wormhole assets will continue to coexist, the Terra developers explained in an official Medium post.

According to the post, exchanges and projects on Ethereum, Solana and BSC have been notified of the phasing out of Shuttle's liquidity. The project highlights that Wormhole V2 was only launched with UST and LUNA support until native Terra's protocols, Mirror (MIR) and Anchor (ANC), which are also currently working on independent migrations to Wormhole, complete the process within the next two weeks.

Image: Medium