ERG
May 18, 2022, 11:23am
17
Destructive Support (Recommend: NO)
TerraBuildersAlliance Concept
The TerraBuildersAlliance concept reallocates Do Kwon’s Revival Plan 2 shares to community developers and almost completely disregards the existing debt obligations to LUNAv1 and USTv1 holders
TerraBuildersAlliance distributions:
Do Kwon’s Revival 2 distributions:
This document has been endorsement by both the TBA and TFL.
Motivation
While UST has been the central narrative of Terra’s growth story over the last year, the distribution of UST has led to the development of one of the strongest developer ecosystems in crypto.
The Terra ecosystem and its community are worth preserving.
Terra’s app ecosystem contains hundreds of developers working on everything from defi to fungible labor markets, state-of-the-art infrastructure and community experience
Te…
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