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The proposal by Terraform Labs CEO Do Kwon to launch a new Terra blockchain without the UST stablecoin has passed successfully. The “Yes” option received Proposal 1623 to create a new Terra blockchain passed a governance vote on Wednesday. Do Kwon’s plan features a new token dubbed LUNA 2.0 and an airdrop to Do Kwon’s proposal to rebirth the Terra blockchain, which will result in the creation of LUNA 2.0 tokens, has been approved via the governance vote that last for about a Do Kwon’s proposal for a Terra blockchain ‘rebirth’ just passed by 65%. Here’s what that means, and what happens next. A vote to create a new Terra blockchain The governance vote on Do Kwon's proposal to relaunch the Terra blockchain and create LUNA 2.0 tokens has passed. This will result in the creation of a new Do Kwon’s proposal to revive the beleaguered Terra blockchain has been approved. The controversial Terra proposal 1,623 received a 65.5% approval rate with over

Breaking News: Terra Rebirth Proposal Passes! Do Kwon's controversial plan to relaunch the Terra blockchain and create LUNA 2.0 tokens has been approved. The governance vote on Do Kwon's proposal to rebirth the Terra blockchain passed with a 65% approval rate. This momentous decision follows the recent turmoil surrounding UST and the original LUNA.

What does this mean for the future of Terra? Do Kwon’s proposal for a Terra blockchain ‘rebirth’ just passed by 65%! Here’s what that means, and what happens next. Specifically, the proposal by Terraform Labs CEO Do Kwon to launch a new Terra blockchain without the UST stablecoin has passed successfully. The “Yes” option received overwhelming support, signaling a significant shift in the Terra ecosystem.

Proposal 1623 to create a new Terra blockchain passed a governance vote on Wednesday. Do Kwon’s plan features a new token dubbed LUNA 2.0 and an airdrop to previous holders. This airdrop is intended to compensate those affected by the de-pegging of UST and the subsequent collapse of LUNA’s value.

The governance vote on Do Kwon's proposal to relaunch the Terra blockchain and create LUNA 2.0 tokens has passed. This will result in the creation of a new blockchain and a new token, effectively marking a fresh start for the Terra community.

Do Kwon's Proposal Approved: The controversial Terra proposal 1,623 received a 65.5% approval rate with over [insert specific vote count here, if available]. This approval paves the way for the creation of LUNA 2.0 tokens. Stay tuned for updates as the new blockchain is launched and LUNA 2.0 is distributed.

Do Kwon’s proposal to rebirth the Terra blockchain, which will result in the creation of LUNA 2.0 tokens, has been approved via the governance vote that lasted for about [insert duration of the vote here, if available]. This marks a significant step towards recovery and a new chapter for the Terra ecosystem.

This vote signifies a potential turning point for Terra, though challenges and uncertainties remain. Follow us for continuous coverage and in-depth analysis of the Terra rebirth and the launch of LUNA 2.0.

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