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      • Nine days ago, Terraform Labs founder Do Kwon shared a plan to revive the Terra Ecosystem after its stablecoin UST and cryptocurrency LUNA nosedived earlier this month, bringing down the crypto markets with them. Today, Terra’s plan has passed and been approved by the community.
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  2. May 11, 2022 · The LUNA and UST Crash Explained in 5 Charts. One of the earliest signs that things were going wrong for Terra came when UST deposits on Anchor started dropping Saturday. By Sam Kessler,...

  3. May 25, 2022 · Nine days ago, Terraform Labs founder Do Kwon shared a plan to revive the Terra Ecosystem after its stablecoin UST and cryptocurrency LUNA nosedived earlier this month, bringing down the...

  4. Jun 1, 2022 · Previous LUNA and UST holders will receive the new blochchain's native token, luna (LUNA), based on their holdings. The old Terra blockchain remains functional, and its token will be renamed...

  5. May 25, 2022 · The UST coin is designed to retain a value of $1 at all times, but it was depegged on May 9, and has since fallen to just 7 cents. Then there's luna, the centerpiece of Terra's ecosystem. Its...

  6. Oct 19, 2022 · Terra-related applications lost $28 billion in value following the May implosion of Terra and its LUNA and UST tokens. As of this writing, Terra-based applications have only $40 million in...

    • shaurya.malwa@coindesk.com
    • Deputy Manager Editor, Data & Tokens
  7. May 18, 2022 · There are plans to try to revive LUNA, with Terraform Labs founder and CEO Do Kwon laying out what he believes the “best steps” are going forward.

  8. May 25, 2022 · Backers of Terra have voted to revive the failed cryptocurrency venture without its controversial UST stablecoin.