In preparation for the Columbus-5 mainnet, we’d like to reiter | Terra - Announcements

In preparation for the Columbus-5 mainnet, we’d like to reiterate several aspects of the execution plan for the Mirror contract migration below

Please read carefully and #LUNAtics please help to disseminate the information

All assets on Mirror will be safe during the ~2 hour migration period for the Col-5 mainnet once the Col-4 chain is halted at block height #4,724,000.

The migration's start translates to roughly the following times:

Wed Sep 29 2021 23:00:00 GMT-0800 (PDT)
Thu Sep 30 2021 07:00:00 GMT+0000 (UTC)
Thu Sep 30 2021 16:00:00 GMT+0900 (KST)

USERS do NOT need to withdraw liquidity or close positions on Mirror before the migration as all assets will remain the same during the migration

A 3-hour window will be available AFTER the conclusion of the Col-5 mainnet migration where the Mirror oracle feed will be halted. During the 3-hour window, borrow, short, or withdrawing collateral will be disabled, but you may deposit more collateral to avoid liquidation.

Once the Col-5 mainnet migration is complete, we will communicate the commencement of the 3-hour window to deposit collateral and safeguard borrow/short positions

Detailed Twitter Thread: https://twitter.com/mirror_protocol/status/1442972339524698114