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Terra revival plan update

Terra’s amended revival plan would decrease the allocation for post-attack UST holders Terra’s amended revival plan would decrease the allocation for post-attack UST holders
Business / Crypto

Terra’s amended revival plan would decrease the allocation for post-attack UST holders

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After a grueling two weeks for the Terra community, the team behind the project announced revisions to their proposed revival plan for Terra (LUNA) and TerraUSD (UST).  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-attack LUNA holders and decreasing the distribution to post-attack UST holders. 1/ We have published an amendment to Proposal 1623, incorporating the community’s feedback since its publication 2 days ago. Please see below for details https://t.co/liISBn3Baa — Terra Powered by LUNA (@terra_money) May 20, 2022 The announcement noted that pre-attack Anchor UST (aUST) holders, post-attack LUNA holders and post-attack UST holders’ in...