Luna tokens will be burned đ„
đ© 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.
đ© 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.
đ© LUNA tokens held by Terraform Labs will be "burned".