Јужнокорејска влада позвала суоснивача Терре због недавног колапса

• Do Kwon was requested to appear in front of the Korean parliament.
• Kwon has put up a proposal to salvage the ecosystem.

The steep decline of Земља (LUNA) and the algorithmic стаблецоин UST have been hot topics in the крипто community. It’s now been sought by the South Korean Conservative Party to hold a parliamentary hearing. In a local news story, Korean exchanges reacted differently to the collapse, with Do Kwon, the co-founder of Terraform Labs, being summoned to a parliamentary hearing on Tuesday.

The committee’s representative, People’s Power’s Yoon Chang-Hyeon, said:

„Постоји део који поставља питања о понашању размена током пада. „Цоиноне, Корбит и Гопак су престали да тргују 10. маја, Битхумб 11. маја је престао да тргује свакодневно, али Упбит није престао да тргује до 13. маја.

Hard Fork Solution Offered 

До Квон was requested to appear in front of the Korean parliament because of the harm made to domestic investors. Kwon has proposed a hard fork to discover a solution.

Kwon has put up a proposal to salvage the ecosystem since its algorithmic stablecoin UST was depegged and the accompanying death spiral that decimated LUNA tokens to nearly nothing. Kwon proposed yesterday that the Terra ecosystem be split into two chains, with the present network being called “Terra Classic” (LUNAC) and the new chain is called “Terra” (LUNA).

According to Kwon, the existing tokens will be renamed LUNAC, while the new tokens will be renamed LUNA. To implement the new chain, Terra developers will need to airdrop new LUNA tokens to holders of the existing LUNAC and UST tokens and developers, Kwon said.