TerraCVita has successfully raised a whopping 1 million dollars for a decentralized finance (DeFi) project named Terraport, which includes the Terra Classic community DEX.

The independent LUNC development group reported via a Monday tweet, an outcome that greatly excited members of the Terra Classic community.  According to TerraCVita, they were able to get their target funding for the Terraport DeFi project in their first presale. 

Terraport is one of the team’s innovations to contribute to the revitalization of the embattled LUNC token and it is said to come along with the anticipated Terra Classic decentralized exchange.