Do Kwon, founder of Terraform Labs, has published a plan to save the Terra ecosystem.
Kwon’s plan states that it is now imperative to completely restart the Terra blockchain, with ownership of the network fully distributed to UST and LUNA holders through the issuance of 1 billion new tokens.
The proposed distribution of tokens is as follows: 40% to coin holders at the time of the UST dollar decoupling; 40% to UST holders at the time of the network upgrade; 10% to LUNA holders at the time of the network shutdown; and 10% to the project development fund.
Kwon himself stated that he did not sell Luna and UST amid the crisis that occurred.
As of this writing, UST is trading at $0.15 and Luna is trading at $0.0002.