Terra CEO Do Kwon stated that the shutdown is momentary and that he’ll discover a option to revive LUNA. After only some hours, he had his proposal.
Do Kwon formally spoke – Terra Ecosystem Restoration Plan
LUNA and UST have skilled essentially the most disastrous days within the crypto house. True to the saying “inbuilt 4 years, collapsed in 4 days“. Each LUNA and UST have been devalued and slid to zero as traders bought off tokens resulting in the Terra blockchain shutting down and typical exchanges like Binance eradicating the LUNA and UST buying and selling pairs.
Learn extra: https://cryptowallcity.com/do-kwon-officially-spoke-terra-restoration-plan/