Terra 2.0 Community Proposal on 0.5% Emergency Funds Allocation Method Opens for Voting

The Terra 2.0 community has opened a vote on a proposal to allocate 0.5% emergency funds, according to the official governance website. The proposal suggests allocating this $LUNA funding to projects that launched on Terra Classic and achieved product-market fit and TVL, projects that launched on Terra Classic and achieved product-market fit but have no measurable TVL, and projects (pre- and post-launch) that have not achieved product-market fit (pre-PMF), and proposes to allocate 2.5 million $LUNA, 1 million $LUNA and 1.5 million $LUNA to each of these three categories.
Source

Terra

DeFi

In This Article

Related News
Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum
Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51
Avalanche buys back $53M of AVAX tokens from Terra’s LFG Avalanche buys back $53M of AVAX tokens from Terra’s LFG
Radiant Capital hacker moves $52M in stolen funds Radiant Capital hacker moves $52M in stolen funds
Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham
Latest News More More
4 Days Ago Argentine prosecutor seeks to freeze $110 million in proceeds tied to Libra memecoin scandal: report
4 Days Ago Mt. Gox moves over $1 billion worth of bitcoin to unmarked address: Arkham
5 Days Ago Ethereum devs activate Pectra upgrade on Sepolia testnet in last phase before mainnet rollout
5 Days Ago Binance Records $3.97B Weekly Inflows
5 Days Ago MEXC Partners With Hacken to Increase Security Standards
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open