LFG failed to account for the disposal of 70,000 bitcoins, founder Do Kwon proposes Terra ecosystem rebuilding plan: Fork chain, wealth redistribution

The LFG Foundation, which maintains the stability of UST, still has some mysteries. After claiming to "lend out" Bitcoin to support the price, it has not been disclosed to whom the Bitcoin was lent to and what the current situation is. However, while people hold hope for the reserve funds, founder Do Kwon quietly released a proposal for the "Terra Ecosystem Rebuilding Plan" on the Terra forum.

Community Response Unfavorable

From the community responses, it is evident that people do not understand the significance of Do Kwon's actions and mostly express opposition. They simply want to regain the wealth they have lost. Additionally, many believe that the excess LUNA should be destroyed and reserves should be used for rescue efforts.