THORChain, a decentralized cross-chain trading protocol, issued the “Terra LPers Call to Action”, calling on Terra liquidity providers to remove all liquidity. Among them, THORChain version 1.89 has been released, it will allow withdrawals, users with LUNA or UST will have time to withdraw from the liquidity pool, and still be eligible for Terra’s May 27 airdrop snapshot, but this must be done before Terra forks.
Liquidity providers need to withdraw Terra in a timely manner as instructed before THORChain clears Terra from the network. If users are late, they will not be eligible to apply for snapshots, and funds may be lost forever. In addition, if the liquidity provider does not take any action, its LUNA or The remainder of the UST will be refunded to the relevant wallet.
