Do Kwon Proposes New Plan to Revive Terra

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Do Kwon Proposes New Plan to Revive Terra
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.stablekwon wants to revive terra_money

Terra’s vast ecosystem, which contains a slew of developers, is worth preserving, according to Kwon. The supply of the new token will be capped at one billion. A fourth of the tokens will be allocated to a community pool that is controlled by staked governance, which is a major increase compared to the earlier plan. Essential developers will also be able to get 5%.

However, the community was largely displeased with the new proposal, with some commentators accusing the controversial co-founder of attempting to squeeze money out of users.

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