Introduce locking period for ust with exit tax and inflation tax to be paid in luna for txns till all ust is back

[Sriram_Popuri]

You should do this:

[Proposal] Tiered repayment: 1:1 USDC refund to all UST holders up to a certain cap per-wallet using LFG funds, favouring small wallets

Hey everyone. I would like to suggest a tiered repayment system for the first batch of users. The events that unfolded in the last few days have deeply affected all of us, and I’m sure we can agree that small to medium sized traders have been affected the most. Families have lost livelihoods, students and working professionals have lost years of savings, and lower-calibre ‘investors’ have even lost other people’s money. In a few weeks, everyone will talk about how obvious this event was, but in…

and the locking period for ust with exit tax and inflation tax.

Introduce locking period for ust with exit tax and inflation tax to be paid in luna for txns till all ust is back

Around 10b UST and 6600b luna out in market. Introduce a mechanism similar to Anchor for those 10b+ ust holders to get guaranteed $1 value return, however after a fixed locking period. Depending on the urgency to withdraw UST to Dollar one can pay exit tax. For example: 1 week locking period to get back $1 might incur exit tax of 20% 2 weeks locking priod to get back $1 can incur exit tax of 15% 4 weeks… and so on. Also consider adding inflation tax on txn fee. All taxes to be collected i…

Forking will not work. Your developers might sign in, but nobody will invest in new fork when trust is lost.

Please somebody tag Do Kwon as its not allowing to tag him.