Terra Under Heat After Amending Proposal Mid-Vote
Terra’s proposal 1623 was being voted on when the Do Kwon announced three revisions.Currently, the market is experiencing one of the most painful weeks this year, and it was exacerbated by Terra’s crash.While Terra’s ecosystem boss, Do Kwon, has been putting forward revival plans, he also amended one. But more importantly – he did so while the proposal 1623 was being voted on.
Titled ” Rebirth Terra Network,” Kwon revealed that he modified the proposal to accommodate community feedback.The first revision increases genesis liquidity. The initial liquidity parameters have been bumped up from 15% to 30%. Terra says that this measure aims to increase token supply at launch and mitigate future inflationary pressures for pre-attack aUST holders, post-attack LUNA holders, & post-attack UST holders.The third change is involved in decreasing distribution to post-attack UST holders.
Source
https://t.me/Crypto_Futures_Trading
