Luna tokens will be burned đŸ”„

đŸ’© Terraform Labs will be closed...

It was recently revealed that Terraform Labs agreed to pay a fine of $4.47 billion to settle its dispute with the SEC.

But that's not the worst part.

đŸ’© Terraform Labs is officially shutting down its operations, and CEO Chris Amani has asked the community to take over management of Terra projects: Pulsar Finance, Station Wallet, and Enterprise DAO.

đŸ’© LUNA tokens held by Terraform Labs will be "burned".