MATIC at Risk of Decline Despite Mass Migration of Terra ProjectsMass migration of Terra LUNA-based projects to Polygon started this week. A total of 48 projects from Terra’s ecosystem are moving to Polygon as part of an initiative launched by the Ethereum scaling solution in May 2022. In the event of Terra’s sister tokens LUNA-UST collapse, Polygon announced an initiative to give developers and builders in the ecosystem an opportunity to regroup.While developers lost trust in the Terra ecosystem, Polygon welcomed projects to its blockchain.
Source
https://t.me/Matic_Chainlink_Monero