The switch to Luna2 should seek to still preserve value of LUNC for pre-depeg holders.
the way allocation to post-depeg holders of luna and ust should be ammended to be done via a swap&burn of LUNC and UST instead of airdrop.
for pre-depeg holders it should still be done as airdrop.
If this change is implemented then current holders would have to Choose wether to keep their assets on Luna1 or on Luna2.
This will effectively reduce the supply of Luna1 and UST.
with current distribution scheme the $value for getting Luna2 tokens are as follows:
for pre-depeg Luna holders - 1 pre-depeg luna will get airdrop approx 1 Luna2. so using the price of 100$ for 1 pre-depeg luna, it means for these holders 1 Luna2 will cost 100$
for post-depeg Luna holders - 100$ buys almost 1mln luna now on market. So 1 mln post-depeg luna will get aprox 15 Luna2. therefore in this case with a cost of 100$ u get 15 luna2, 15 times more than pre-depeg luna holders
for post depeg UST holders - 100$ buys almost 2000 UST on market now. 2000 ust will get airdropped approx 30 Luna2, So post-depeg UST holders will get 30 times more luna for same $cost than pre-depeg luna holders
Since, post depeg luna & ust holders get a much better rate for same $ cost then pre-depeg Luna holders
I propose for both post-depeg holders of Luna & UST the switch to Luna2 should be offered as burn&swap option instead of airdrop.
For pre-depeg holders distribution will remain the same via airdrop.
For post-depeg holders there would be a time window in which they can do the swap to Luna2 which would also burn their V1 assets.
The portion of the allocation for these groups which will not be swapped in the agreed timeframe, would be sent to community fund.
Advantages: the supply of LunC can significantly decrease and it will also help keep the governance distribution closer to original one.
also pre-depeg Luna holders and UST holders will have a prospect to recover more value via LunC and UST in the future