Most recent Revitalization planAn announcement by Do KwonTerraform Labs CEO and co-founder, Jeremy Sullivan, was met with mixed emotions. Many questioned whether a fork could be effective in revitalizing the falling prices of Terra.LUNAUST and TerraUSD tokens. The community suggested that burning LUNA was the best way to make a comeback.

Kwon’s proposal to ConserveTerra’s ecosystem involves forking Terra’s existing blockchain, without using the algorithmic stablecoin, and distributing a new version LUNA tokens (based on a historic snapshot prior to the death spiral) to investors. However, there are many crypto entrepreneurs like Changpeng “CZ” ZhaoAccording to him,