Cryptocurrency News
Terra’s amended revival plan would decrease the allocation for post-attack UST holders
2022.05.20 20:21
Terra’s amended revival plan would decrease the allocation for post-attack UST holders
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.