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

Cointelegraph

Published May 20, 2022 11:30AM ET

Updated May 20, 2022 01:00PM ET

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.

Continue Reading on Coin Telegraph