{"id":450176,"date":"2022-05-20T18:30:00","date_gmt":"2022-05-20T15:30:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/terras-amended-revival-plan-would-decrease-the-allocation-for-post-attack-ust-holders\/"},"modified":"2022-05-20T18:30:00","modified_gmt":"2022-05-20T15:30:00","slug":"terras-amended-revival-plan-would-decrease-the-allocation-for-post-attack-ust-holders","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/terras-amended-revival-plan-would-decrease-the-allocation-for-post-attack-ust-holders\/","title":{"rendered":"# Terra\u2019s amended revival plan would decrease the allocation for post-attack UST holders"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2d400661c20\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2d400661c20\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/terras-amended-revival-plan-would-decrease-the-allocation-for-post-attack-ust-holders\/#%E2%80%9D_Terras_amended_revival_plan_would_decrease_the_allocation_for_post-attack_UST_holders_%E2%80%9C\" >&#8221; Terra\u2019s amended revival plan would decrease the allocation for post-attack UST holders &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Terras_amended_revival_plan_would_decrease_the_allocation_for_post-attack_UST_holders_%E2%80%9C\"><\/span>&#8221; Terra\u2019s amended revival plan would decrease the allocation for post-attack UST holders &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvMGRhYTZhMTctZjc1Ny00YTkyLWJiZjctYjhjYThmOWNlMTBmLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-2a0745c6>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).\u00a0<\/p>\n<p>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. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">1\/ We have published an amendment to Proposal 1623, incorporating the community\u2019s feedback since its publication 2 days ago. Please see below for details <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/liISBn3Baa\">https:\/\/t.co\/liISBn3Baa<\/a><\/p>\n<p>\u2014 Terra  Powered by LUNA  (@terra_money) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/terra_money\/status\/1527486972268367872?ref_src=twsrc%5Etfw\">May 20, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nThe announcement noted that pre-attack Anchor UST (aUST) holders, post-attack LUNA holders and post-attack UST holders\u2019 initial liquidity parameters are modified. The change will be from 15% to 30%, and according to Terra, this may &#8220;mitigate future inflationary pressures&#8221; and increase the token\u2019s supply during the launch. <\/p>\n<p>Apart from this, wallets that hold less than 10,000 LUNA will get the same liquidity as the aforementioned groups. Moreover, 70% of their LUNA will be vested in over two years, with a cliff of six months. Terra said it believes that this new liquidity profile will ensure that small token holders will have similar initial liquidity.<\/p>\n<p>Lastly, the allocation for post-attack UST holders decreased from 20% to 15%. According to Terra, this \u201cdpeg related allocation is on par with the original stakeholder (pre-attack $LUNA) allocation.\u201d The 5% will be moved to the community pool. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Terra fallout: Stablegains lawsuit, Hashed loses billions, Finder wrong and more<\/em><\/strong><\/p>\n<p>The aftermath of the UST collapse gave the community reasons to doubt the future of algorithmic stablecoins. According to university assistant professor Ryan Clements, purely algorithmic stablecoins are &#8220;inherently fragile&#8221; and rely on many assumptions, that are neither certain nor guaranteed, to be stable. <\/p>\n<p>Meanwhile, as some use the UST collapse to take a dig at the entire industry, some have tried to defend crypto. In an interview with Cointelegraph, Huobi Global co-founder Jun Du said that &#8220;one bad <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>le in the short run will not affect [the] long-term demand for crypto.&#8221; <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/terra-s-amended-revival-plan-would-decrease-the-allocation-for-post-attack-ust-holders\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Terra\u2019s amended revival plan would decrease the allocation for post-attack UST holders &#8220; 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).\u00a0 In a Tweet, Terra shared three major revisions to the proposed Terra revival and&#8230;<\/p>\n","protected":false},"author":1,"featured_media":450177,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvMGRhYTZhMTctZjc1Ny00YTkyLWJiZjctYjhjYThmOWNlMTBmLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,74863,122378],"class_list":["post-450176","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-cryptocurrencies","tag-terra"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/450176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=450176"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/450176\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/450177"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=450176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=450176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=450176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}