Terra community the Terra Builders Alliance on Friday made a new proposal to protect developers and users as the blockchain collapsed.
The proposal, called the ‘LUNA Go Forward Proposal’ calls for the minting and distribution of new LUNA to holders, stakers, and developers to save them from the impact of the crisis.
Terra community Proposes LUNA Distribution To Developers and Holders
The Terra Builders Alliance on Friday has considered 9th May at 15:00 UTC as the timeline based on which new LUNA will be distributed. Under the plan, 40% will be distributed to LUNA stakers, another 40% will be distributed to UST holders at the time of the new network launch.
Additionally, 10% will be distributed to marginal LUNA holders between the attack and the halt of Terra, and 10% will be distributed to developers of the ecosystem which comprises Dapps, service providers, infrastructure providers, etc.
Terra Builders Alliance has created a Twitter account to collectively work with the community and developers to determine the best way forward. A Discord account is also opened for community members to join and discuss problems and solutions.
