Terra posted three new revisions to its revival plan. This included increasing genesis liquidity, introducing a new liquidity profile and decreasing allocation for some holders.
In a Tweet, Terra shared three major revisions to the proposed Terra revival and redistribution plan. These include increasing the genesis liquidity, introducing a new liquidity profile for pre-attack LUNA holders and decreasing the distribution to post-attack UST holders.
Meanwhile, as some use the UST collapse to take a dig at the entire industry, some have tried to defend crypto. In an interview with Cointelegraph, Huobi Global co-founder Jun Du said that "one bad apple in the short run will not affect [the] long-term demand for crypto."
(Source: Cointelegraph)