Do Kwon, Terra’s Head of Ecosystems, has proposed a revitalization plan for his project. which he has already modified the planthree times But more importantly – he made changes even though Proposition 1623 was still being voted on. which made the community dissatisfied.
In the title of “Rebirth Terra Network,” Kwon revealed that he wascorrectThe proposal was to support community feedback. They can still vote “no”, and users still have a few days to change their vote.
correctionThe first was to increase liquidity during the launch. Initial liquidity will increase from 15% to 30%, which aims to increase the token volume in the early stages. and reduce future inflation pressures for AUST holders before the attack, LUNA holders after the attack, and UST holders after the attack.
second amendment It is a new liquidity shift for LUNA holders before the attack, where wallets with less than 10K LUNA will have the same initial liquidity, with 30% unlocked at launch, while the remaining 70% of the liquidity. will be locked for a period of two years
third change Related to the reduction of dispersion to the post-attack UST holder, the allocation for the post-attack UST holder is reduced from 20% to 15%.
Several changes to this offer It annoyed many in the community, the fact that Terra made changes to the proposal while it was still in the process of voting. which is halfway through
one userTweetThat “wtf!! How are you going to fix the things that have already been voted…. Hey guys, we’re halfway through the vote. You voted and we changed what you voted for… I lost my faith… Luna will be broken no matter what they do…”
Terra’s reliability has been questioned many times. But the change in the middle It has put pressure on investor confidence that continues to hold onto LUNA in hopes of a recovery.
At the time of writing, more than 79% voteagree with this offer While about 15% voted “no with a veto”, the proposal would be repealed if the “no with a veto” percentage exceeded 33.4%, even though it was approved by the majority of reviewers.
refer : LINK
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