1. Terraform Labs is negotiating with a third-party agency to sell related bankruptcy assets (platform products and services). If the sale is not reached before October 31, this part of the business will be closed. This is also the most noteworthy acquisition event in recent times; 2. The community has voted to pass the $LUNA 5% destruction proposal and has completed the destruction. All remaining $LUNC $USTC and other tokens in the wallet must also be burned before October 31; 3. The bankruptcy court has officially approved TFL's business closure and bankruptcy liquidation plan, and it is expected to pay 180-440 million US dollars to the affected stakeholders; 🪔 Terraform Labs' bankruptcy process has basically ended, and Terra tokens are gradually moving towards a more "decentralized path". The slow development of the ecosystem is also the biggest criticism at present. You can pay attention to the development of the Terra community in the future. I will also update any major news! In addition, the market for platform sales + Do Kown extradition from prison is expected to still exist, and a short-term ambush can be made
(The risk of an overall market decline is not ruled out)
