Terra Community Proposed to Re-Launch Terra and Issue New $LUNA
Terra Builders Alliance raised a new proposal called "LUNA Go Forward" in Terra community today, suggesting a re-launch of Terra and a new $LUNA token, which will be distributed in the following methods: 40% to $LUNA stakers at the time of the $UST depeg attack initiation (May 9th, 15:00 UTC), 40% to $UST holders at the time of the new network launch, 10% to marginal $LUNA holders between the attack and the halt, and 10% to ecosystem developers.
Previously, the Terra blockchain was halted at block height 7607789.