After a devastating two weeks for the Terra community, the project’s team has announced changes to their projected LUNA and UST resurrection plans.
Notably, Do Kwon brought a suggestion to bring a completely new chain which saw a severe backlash from the Terra community, as TheCoinRise reported.
Terra announced three important changes to the proposed Terra restoration and redistribution plan after incorporating the community’s feedback since its publication two days ago.
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
According to the announcement, these three are the key amendments to Proposal 1623:
The announcement ended with the company informing about the voting on the proposal that is going to end in five days. Terra community seems devastated by the event with many losing all their savings and funds in the failed LUNA/UST model.
BNB continues to hold strong as the backbone of Binance’s multi-layered..
In a cycle flooded with meme coins, AI narratives, and institutional..
As crypto focus changes, some are looking beyond the usual trends...
Floppypepe ($FPPE) is your ticket to the moon. Escape the ordinary and reach for lunar gains with this AI meme token. Secure your spot now before it's too late.
Join Now