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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.”

Updated May 11, 2023, 4:17 p.m. Published May 16, 2022, 5:46 p.m.
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)