TerraCVita has raised an additional $2 million to support the development of a DeFi ecosystem.
The funds were raised between delegators from TerraCVita and the Italian LUNC community.
Two rounds of public sales have been slated to happen within the next five weeks.
Terra Classic independent development group TerraCVita has raised over $2 million to further its goals. According to a tweet by the group’s official account, these funds were from a Terraport sale reserved for TerraCVita and the Italian LUNC community delegators.
TerraCVita also announced that the fundraising exercise continues with two public sales slated for the next five weeks. Funds raised will be directed toward the development of Terraport. That is a DeFi project that will incorporate building a LUNC decentralized exchange (DEX).