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May 13 ā€¢ 5 tweets ā€¢ 3 min read
JUST IN: #DoKwon submits a revival plan for #Terra including resetting the network ownership to 1B tokens. Maybe it's not game over for #Luna just yet? šŸ‘‡šŸ§µ
@stablekwon proposes to establish a new chain, resetting the supply to 1B tokens. The priority is to preserve the Terra ecosystem community, which is the primary source of value for Terra.
The new chain is to be community run, i.e. the distribution of the new token is to be airdropped to community participants, and none allocated to #TerraformLabs. Check the proposed distribution here.
No doubt, it will be impossible to satisfy everyone, however could this be the start of a discussion that eventually materialises into something? Time will tell, and maybe prayers answered. Full details found here: agora.terra.money/t/terra-ecosysā€¦
For those who are severely affected by recent events, we hope you find some solace in our previous thread.

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More from @JLDigitalAssets

May 13
Stories of people who made a comeback after devastating financial losses, in case you need it šŸ‘‡
1/ Ray Dalio

- Bet on a financial crisis in '82
- Crisis didn't come
- Went broke, had to borrow 4k from family
- Grew Bridgewater to largest hedge fund globally
- Today: 22B net worth
2/ Chris Sacca

- Turned 10k to 12M in stocks
- Got rekt with 4m in debt
- Went into law to break into tech
- Hire at Google, an became investor
- Today: 1.2B net worth
Read 5 tweets

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