Terra Founder Said This Token Would Die Its Maker Had Other Plans

Last updated: June 9, 2025, 20:14

Terra Founder Said This Token Would Die Its Maker Had Other Plans

Acknowledging that the UST in

The founder of Terra network, Do Kwon, has revealed how the blockchain could revive its lot after the demise of its native token.

Acknowledging that the UST in its current form is irrecoverable, the founder of the LUNA governance token and TerraUSD stablecoin has laid out a revival plan on Terra’s Agora

Terra's co-founder, Do Kwon, is still attempting to revive the effort and come up with plan B. Initially, there were hopes of a UST bailout; but those hopes have died.

Polygon

Polygon, a rival blockchain project, is already seeing an influx of developers fleeing Terra, said Mr Mudit Gupta, chief information security officer at Polygon.

The co-founder of the failed Terra cryptocurrency, which collapsed and wiped out about $40 billion of investors’ money in May, has admitted he was “wrong”, but said

Rapid collapse of TerraUSD may lead to death of major blockchain

Terra's Co-founder Is Devastated But Refuses To Back Down

Terra Founder said this Token would “Die”, its ‘Maker’

Terra Co-Founder Proposes Token Redistribution Plan to Rescue

On Friday

Do Kwon, the maligned founder and CEO of TerraForm Labs, has posted a plan to fork the Terra blockchain and distribute 1B of a new token to stakeholders in the Terra

A crypto first? What happens when a blockchain like Terra dies

On Friday, Terra's co-founder Do Kwon, who vanished this past week during the crypto collapse, announced a new plan to resuscitate the beleaguered $30 billion

Terra Founder Breaks Silence, Reveals how the Network Could be

Breaking: Do Kwon proposes Terra revival, including token

Do Kwon Wants to Save Terra by Creating a New Chain With 1B of

Terraform Labs co

South Korean founder of failed Terra coin admits he was 'wrong'

Terraform Labs co-founder Do Kwon has tabled a proposal to preserve the Terra ecosystem following the historic depegging of its algorithmic stablecoin, UST, and the