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1/ Terra governance prop #1623 to rename the existing network Terra Classic, LUNA Classic ($LUNC), and rebirth a new Terra blockchain & LUNA ($LUNA) is now live.
Vote here: https://t.co/ZlGxNCUTMa
7/ New $LUNA will be airdropped to $LUNC stakers, holders, residual UST holders, and essential app developers.
Also, TFLโs wallet will be removed from the airdrop, making Terra a fully community-owned chain.
6/ The Terra chain as it currently exists should be forked into a new chain without algorithmic stablecoins called โTerraโ (token Luna - $LUNA), and the old chain be called โTerra Classicโ (token Luna Classic - $LUNC). Both chains will coexist.