Terra is moving on to a new fork without algorithmic stablecoins. https://twitter.com/stablekwon/status/1526258275506786304
• Old chain = Terra Classis $LUNC
• New form = Terra $LUNA
• New $LUNA will be airdropped to $LUNC stakers, holders, residual UST holders, & essential app developers.
• TFL’s wallet will be removed from the airdrop.
• “Launch” snapshot: 27 May.
Proposal:
https://agora.terra.money/t/terra-ecosystem-revival-plan-2/18498
