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Cryptoknowmics 2022-05-21 05:49:13

Do Kwon Make Amendments to His Terra Proposal During Vote

Terraform Labs CEO Do Kwon has amended his proposal to revive the Terra blockchain which includes forking the chain into Terra Classic (LUNC) and Terra (LUNA) chains. The changes were made while the proposal was being voted upon. Do Kwon Introduces Amendments to Terra Proposal After the demise of Terra’s UST stablecoin, Terraform Labs CEO Do Kwon came up with a plan to revive the blockchain network in which he proposed creating Luna (LUNA) 2.0 tokens on a new blockchain. It now appears that he amended the proposal despite the fact the original plan is currently going through an on-chain vote. While the revival plan still stands, Kwon stated he edited a few distribution parameters “to accommodate community feedback.” A new liquidity profile for pre-attack LUNA holders: Wallets with

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