Here Are The Amendments To Terra Revival Plan
UST peg failure is Terra
With increased commotion surrounding these revival plans, Terra decided to roll out amendments to the proposal 1623. This would entail three key changes as
In a Tweet, Terra shared three major revisions to the proposed Terra revival and redistribution plan. These include increasing the genesis liquidity, introducing a new
$UST peg failure is Terra’s DAO hack moment - a chance to rise up anew from the ashes. Summary. Create a new Terra chain without the algorithmic stablecoin. The
After the implosion of the
After the implosion of the TerraUSD (UST) stablecoin, Terraform Labs CEO Do Kwon suggested a “rebirth” plan in which he proposed creating Luna (LUNA) 2.0 tokens on
Here are the amendments to Terra’s revival plan
The change will be from 15% to 30%, and according to Terra, this may mitigate future inflationary pressures and increase the token’s supply during the launch.
After the recent collapse
Terra’s amended revival plan would decrease the allocation for
After the recent collapse, the Terra ecosystems has been working on a revival plan. A majority of the Terra community members have voted in favor of a hardfork. In
Terra Ecosystem Revival Plans; Will They Work?
Terra Ecosystem Revival Plan 2 [PASSED GOV]
Terra Ecosystem Announces Some Key Amendments to
Do Kwon amends Terra 2.0 proposal during the vote on it
In a Tweet
In a Tweet, Terra shared three major revisions to the proposed Terra revival and redistribution plan. These include increasing the genesis liquidity, introducing a new liquidity profile for pre
Terra Ecosystem Announces Some Key Amendments to Its Revival