Prop 4735: "Revitalizing Terra: A Backbone Labs and Eris Protocol Collaboration" (Not a Grant)

Attention LUNAtics!

Backbone Labs and Eris Protocol present an exciting proposal for the Terra Community, uniting 4 of the most active projects in our space. Join us in injecting 5m $LUNA tokens into ampLUNA-LUNA and bLUNA-LUNA LPs on White Whale and Astroport.

TLDR-Proposal: 2.5m LUNA per LST bLUNA-LUNA liquidity deployed to WhiteWhale (100%) ampLUNA-LUNA liquidity deployed to WhiteWhale and Astroport (50:50)

This injection of on-chain liquidity, will fuel growth, enhance $LUNA's value, and generate returns for the community pool fund.

Today, we have the chance to be part of something extraordinary. Together, we can revitalize the ecosystem and spearhead innovations that empower the Terra community. Let's shape the future of decentralized finance and unleash the full potential of Terra DeFi!

For your viewing pleasure https://www.youtube.com/watch?v=7dblD4rjwcM

If you have benefitted from the work of these projects or identify with our mission of LUNA's resurrection, please consider supporting us during this time.

*For a full breakdown and the evolution of this proposal please refer to: https://agora.terra.money/discussion/11807-revitalizing-terra-a-backbone-labs-and-eris-protocol-collaboration-not-a-grant