According to the post, the planned wipe would all player-built objects, equipped items and inventory, and terraforming changes, though things like skills, guilds, and premium inventory would be kept. There is an addendum at the bottom of this announcement, however, that states that negative feedback is prompting the devs to put whether this wipe happens or not to a vote. Interested players have until this coming Thursday, April 16th, to make their voice heard.
Content retrieved from: https://massivelyop.com/2020/04/13/life-is-feudal-is-planning-an-ama-pvp-rule-changes-and-a-godenland-wipe/.