🚀 Fresh news from Terra! Following a court order in the Terraform Labs (TFL) bankruptcy case, key developments have been announced:
- **Reopening of the Shuttle Bridge**: Will allow users to redeem sealed assets in Terra Classic. TFL will transfer all assets to a new wallet and offer a simplified interface. You have 30 days to redeem your assets.
- **LUNA token destruction**: 150 million LUNA tokens will be eliminated to stabilize their value. Additionally, 125 million LUNA currently staked will be deactivated and destroyed.
What do you think of these measures? Leave us your comment! 💬
Source: Terra Money