IF LUNA Forks, what are the plans for the old chain?

For this to be successful the community needs to create a separate fork from LUNA classic, this can be done easily as everything is open source.

The present LUNA classic is under TFL as they have IP rights and you cannot simply takeover.

You’ll need 2 things to get started:

  1. A team of Devs and Validators who is ready to execute and support the fork.
  2. Adequate Financing to take this forward.
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hey john. Patrick here. I was silenced by the team for being too critical regarding the fork etc and just had to make me a stealth account here :smiley:

sured i am open for some idea exchange. Can you message me? seems i cant message with this new account

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We WILL still be alive after the fork. Old LUNA or LUNA classic will really be our only way to make back any of our investment. I am trying to build the BEST team to lead LUNA classic forward and not only fix the issues and make us whole bit build this chain for the future and make this ecosystem a viable money building system for all of us.

It takes more than just developing a great coin, it takes great leadership and that is what I want to have in place. A leader for the community.

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problem you need dev team cover your plan , vcs and finance cover the plan , right now need some one enough power to help all out of this mess

Let me tell you guys something …nothing will be with luna classic …

Why ?

Because Kwon and Co will focus on the new chain.
So instead asking them (who are no leaders) what is going to happen
better demand your voting/staking rights

and start deciding yourself what is going to happen with luna classic or do you consider the actual voting positive for luna classic ?

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Important to keep the community or those left interested, updated with any developments of what you guys are proposing.
Build the interest.
Reddit thread or start a twitter handle so it can easily be followed pls.

Burn and remedy proposal will be suggested for Luna Classic, and it will pass

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Would Do Kwon consider handing it over to a new management team ?

I’m based in the U.K. as long as there are no legal liabilities attached to it. I would consider being part of an international team

Mission
1: To help everyone who lost money recoup their losses
2: For anyone who has remained loyal they get to be part of the revival and If they are rewarded with the price going back to $1 that’s the least they deserve for the psychological trauma they suffered
3: We burn the tokens to get to 1 billion token (fixed)
4: Decouple UST we don’t want to be it’s side kick, it has much to answer as a flawed product. Don’t want any association with it
5: We have a community led project aimed at altruistic causes
6: Anyone here clever enough to work out how much it would cost to purchase all the coins in circulation to burn them to get to 1 billion coins?

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Hope some developers acquire it and build on it. Good network and also world famous now. I still hold UST and LUNAC just in case someone takeover. :stuck_out_tongue_closed_eyes:

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Exactly, I don’t understand why the team is not taking advantage of this huge interest in old Luna. It is world famous now and if you just put the damn taxes at an appropriate level without frightening investors it will be beneficial for everyone (holders, victims, reputation of Terra). It is also good for them against accusations because it is a solid act of rescuing financial victims.

It all depends on Terra Classic team. Who will be in charge of that team? Will that be a side project of Terra? Or are they thinking about selling rights of Terra Classic to a third party? I think team must answer these questions and reveal their plans…

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I support your proposal. We need to keep in mind that Buyback and Burn may not be feasible with a new management… at current price it would cost about $784 million.

We can start with alternative ways to burn and get the ball rolling…

How about we donate $1 across the world to support the burn :fire: Of LUNA . please tweet this on your page

$1 donation plan to support the burn :fire: of terra LUNA

$1 × 15 million people
= $15 million
This can work :muscle:please tweet this on your Twitter account , we as the community we want to help

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I’m a software developer and am willing to help. What can I do?

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Then there’s no need for $ donation. If people can just give back 5-10 percent of their Luna to the devs then there will be no worry for buyback but instead focus on the burning.and yes that won’t be enough but atleast the supply count will be reduced. And tbh at this point theres no way Luna will hit 1$ soon or in the next few years until the management gets the fund to start buy back again and they will probably focus on the new token now

Sorry to tell you this people…but the devs are leaving and going to Binance and Polygon…there is headhunting going on all around. Do KON still has the keys and its likely that Terra is gonna get buried in legal issues…get out while you can…it will be years before this goes to court and by then everyone who was working on this will have moved on…they gotta eat too…

You don’t read communications from Do on the Agora don’t you.

LFG’s wallet is whitelisted. It means it won’t take part in the airdrop.
Regarding LFG’s UST, Do said it will be distributed to UST holders.

Yeah, Do will compensate UST victims via direct funding. That’s very thoughtful. But there are still Luna victims and infamous reputation of Terra. This must be solved by taxation burning. Although Do said that cex don’t accept taxes, there is an extreme situation right now and CZ stated that he is willing to help in anyway. I think Do should talk to CZ and ask for that taxation proposal. He must give it a try, it is already Luna Classic now. Nothing to loose.

Take my ideas to board members , maybe this proposal of mine can work

Twitter handle is @deathstardaddy reddit and ecosystem Twitter, reddit, and website to follow once we get a successful vote.

I will try to keep my Twitter fully up to date until we launch Newco in the mean time.

New Twitter account created this month…

It doesn’t inspire much confidence.