Terra Foundation Wallet

The TFL labs genesis wallet has 370M Luna with current USD valuation of about $30B.

https://finder.terra.money/columbus-5/account/terra1dp0taj85ruc299rkdvzp4z5pfg6z6swaed74e6

There is more non-circulating supply of Luna than circulating supply. 370M circulating vs a total of 470M non-circulating.

https://terra.smartstake.io/break

As Terra continues to expand, we can only expect Luna to be burnt from the circulating supply.


What is the plan for the money in this wallet?

Who are the owners of the multi sig?

Is this a problem for decentralization to have so much held by so few?

How do we unwind this?

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