Terra Revises Terra 2.0 Proposal

Terra officials announced that they have revised the Terra 2.0 proposal. For pre-attack $aUST holders, post-attack $LUNA holders, & post-attack $UST holders, the initial liquidity parameters have been modified from 15% to 30% to increase token supply at launch & mitigate future inflationary pressures. At the same time, wallets with < 10k $LUNA will have the same genesis liquidity as the above groups (i.e., 30% unlocked at launch), & have the remaining 70% vested over 2 years with a 6 month cliff. In addition, the allocation for post-attack $UST holders has decreased from 20% to 15% to ensure the de-peg related allocation is on par with the original stakeholder (pre-attack $LUNA) allocation.