🚨🔊 Bankrupt Terraform Labs to Liquidate and Dissolve Operations
😳 The CEO of Terraform Labs revealed that the firm is planning to dissolve its operations.
👉 The firm plans to sell its projects in the Terra ecosystem, including Pulsar Finance, Station Wallet, and Enterprise DAO.
🤔 TFL will be completely winding down its operations. The firm proposes a community vote to burn all unvested Luna, Terraform’s native token.
😵 TFL will also burn anything that remains vested in the wallets. The Terra and Terra Classic blockchains will continue under the community’s control.