Summary
It becomes clear that Terra was never a real community neither its members equal. The will of the majority is to work on the original chain and fix it from inside, restore the peg. While the effort of the few powerful go in the opposite direction, with a total disregard for the casual user at near 100% loss of their “stable” UST holdings.
The intentions of airdropping a new token to different degrees of LUNA speculators instead of urgently compensating those low risk holders of a “stable” USD-peg, are most likely criminal. We need to set up a team from within the community, with lawyers, investors and content creators. We need to make noise, and take these people to justice, the robbery was not during the attack, the robbery is happening with this disgusting and completely disrespectful fork.
The real victims are being ignored by a dictator that prefers to satisfy the capital and his own pockets. We don’t need a new chain, we need to revive the current one with the same tokens. Change the code, burn tokens, be patient. The peg will eventually recover. Check what is the value of IRON in the IRON/TITAN pair, it restored!
Do we need to organize from scratch or is there any movement out there already? Any lawyers around here? Vitalik, CZ, the majority of Terra community and most likely Law are on our side.
We need to move forward with legal action!
