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Terra Ecosystem Announces Some Key Amendments to Its Revival

Terra Ecosystem Revival Plans; Will They Work?

Terra’s amended revival plan would decrease the allocation for

Ust Peg Failure Is Terra

$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

Terra Ecosystem Revival Plan 2 [PASSED GOV]

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 Ecosystem Announces Some Key Amendments to

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

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

In A Tweet

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

Do Kwon amends Terra 2.0 proposal during the vote on it

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

The Change Will Be From

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.

Here are the amendments to Terra’s revival plan