Terra’s “revival” proposed by Do Kwon puts UST and LUNA holders at the forefront

The plan comes as Terra’s stable terraUSD (UST) coin, which is believed to be tied to a $ 1 price tag, “deaths” jumped below 15 cents this week, wiping out more than $ 30 billion. UST’s sister token, LUNA, which backed the value of the stable coin, fell below a penny (LUNA cost more than $ 80 just a week ago).