LUNA Go Forward Proposal

[Javi]

O still think this proposal could make Terra work again.

Terra V2 Upgrade

Summary Terra V2 Roadmap: 3 “simple” steps to upgrade Terra, fix the vulnerability, save the value of TerraUSD, create a multicollateral alternative, put LUNA v2 back over 1 USD. 1. Take an snapshot from halt and burn all LUNA (including stLUNA, cnLUNA, bLUNA, nLUNA, pLUNA, LUNAX, etc) to mint UST at the rate they virtually had then (for LUNA, 0.005 USD = 0.125 UST). This price is the higher possible and reflects the risk-reward balance of this side of each asset. Meanwhile, offer a window per…

The most valuable thing Terra had and still has is TerraUSD. You can see this in Coingecko. If we fix that, everything else will get its value over again.