1/ We have published an amendment to Proposal 1623, incorporating the communityβs feedback since its publication 2 days ago. Please see below for details
2/ There are 3 revisions included in this amendment π§΅:
3/ 1. Increasing genesis liquidity:
For pre-attack $aUST holders, post-attack $LUNA holders, & post-attack $UST holders, the initial liquidity parameters have been modified from 15% to 30% to increase token supply at launch & mitigate future inflationary pressures.
4/ 2. Introducing a new liquidity profile for pre-attack $LUNA holders:
Wallets with < 10k $LUNA will have the same genesis liquidity as the above groups (i.e., 30% unlocked at launch), & have the remaining 70% vested over 2 years with a 6 month cliff.
5/ Introducing this new liquidity profile ensures that small $LUNA holders have similar initial liquidity profiles. This would cover 99.81% of $LUNA wallets while only representing 6.45% of total $LUNA at the Pre-attack snapshot.