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Kwon Proposes Forking Terra, Nixing UST Stablecoin in ‘Revival Plan 2’

“$UST peg failure is Terra’s DAO hack moment,” the Terraform Labs CEO wrote, “a chance to rise up anew from the ashes.”

Terra's DAO-approved sponsorship included outfield signage at Nationals Ballpark, Washington, D.C. (Danny Nelson/CoinDesk)
Terra's DAO-approved sponsorship included outfield signage at Nationals Ballpark, Washington, D.C. (Danny Nelson/CoinDesk)