As I have seen on twitter and this forum the vast majority of the community don’t agree with Do Kwon plan, for that reason I want to invite everyone to start a conversation around what actions we are going to take in case the fork successes. There are many Luna investors worried for their money and there is a lot of traction and marketing around the Luna name that we can take advantage of. In that scenario I want to start the conversation with this fundamental ideas.
LET’S CREATE OUR BLOCKCHAIN AS A COMMUNITY.
Everything is being built already, the fact that there will be a potential fork doesn’t mean we can’t still use the original code and invite validators and developers to stay with us, I am pretty sure that within the community there are many talented people and together can re-build Luna and make succeed again, I am pretty sure also that there are many investors looking for profits that can participate in this new idea. Furthermore, there will be important people in crypto community with a lot of experience and contacts that are willing to take the leadership of the community, names like Changpeng Zhao, Vitalik Buterin or Kevin O’Leary that are very engage with the community and have the capabilities to make the original blockchain thrive again. We can use the community power to call their attention and asking to be the Luna father. If one big name make this community successful from the ashes it will be very outstanding.
LET’S KEEP FOCUS WITH THE BURN REMEDY PROPOSAL.
If we make the blockchain work again and we get the right leadership, we need to stick with the Burn remedy proposal, working on it to technically make it happen and implement it. As it has been said before, the tax fee will be to Burn, finance new projects and FULLY compensate people that lost money with the “RISK-FREE STABLE COIN”. Those who lost money with Luna can make their money back by buying at this spectacular price and supporting the community to make their investments grow again.
WE HAVE TO FULLY COMPENSATE UST HOLDERS TO GAIN THE TRUST BACK.
We really need to create a long term plan to fully compensate the UST holders as a whole by different mechanism such as burning and network fees, we won’t be able to gain the crypto community support if you don’t act honestly.
THIS WILL BE A LONG TERM RE-BUILD PROCESS
This will be a long journey if we are willing to take it, we need to think about many aspects of the re-build process such as reduce the big marketcap, compensate UST holders, gain enough traction both developers and investors, we also need to gain the confidence of the crypto community again. But I am sure with a good leadership and a strong community we can make this happen, we just need to patient and actively participative.
Please make your comments below and share this idea to work together in finding new ways to grow.
Regards,
Crypto Philosopher.