Luna being an utility token to peg UST, objective is first to secure UST pegging, not to save the value of Luna… As some said earlier, UST holders shouldn’t be treated the same as Luna holders; the former did invest in a stablecoin which is not stable anymore, while the latter speculated on a utility token.
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I think it would be fair more at least pay back who bought and held the tokens!
Lunas supply is not 6Trillion! To even reach one dollar it needs 6triliion dollar market cap, even people buying at 1$ will never see their money!
it’s about 7 trillions.
or they could just burn tokens…
To Kerry
May not be a hodler but he was sure in it and lost same if not way more than any other hodler out there, current price, ask him how much his bag is worth and whilst attack kept going makes him a target as much as the hodlers prior to attack, at end of the day whether you went in prior to attack or during an attack everyone was a target
I agree, with this pay the smaller people. I do not want to be payed if that means it could safe somebodies life.
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This sounds interesting, but not a solution. The only real solution is to run the price back up to a somewhat tolerable level. Anything else is too slow. Binance delisted, can’t buy on Gemini and only on coinbase with accts I have.
This is a plus, those exchanges can’t short and hard for them to move and sell. So it would be easier to move it up and force a violent spike in hopes of reversing the last 24hrs.
But DO and the team AND the investors need to man up and say they are backing it 100%. Sort out UST later, but if LUNA stays here it’s OVER!!!
I’m buying!
Umm what about Staderlabs, i had staked most of my luna in staderlabs would that count as staked. also some in prism and astro.
they resumed trading on binance…
So all in favor on those who lost money when it was on top?Not fair at all.
Thanks, didn’t see that
I read comments stating investors coming in buying up LUNA or UST during an attack are not getting rewards, this is absolutely ridiculous, I understand and truly respect to all the hodlers, stakers etc prior to the attack as they have a mass loss, and question arise saying the late comers who kept buying during the attack are left out that they were in it for their own gains, well… yes and no, are the pre attack investors were not in LUNA or UST for their own gains? some yes and some no, same goes with the ones who did pour in whether it be a single digit dollar value to 7 digit dollar value they too were a target of a mass loss, in the meantime tweets were being sent out from LUNA founders stating they had plans to restore and other information giving positive signs of restoration which gave investors hopium and money kept pouring in during these attacks, which makes these new money coming in as a form of a victim as to no different to the victim’s prior to attack. Equally everyone from time of attack all the way to the end whether it be new or old money needs to be looked after as the underline scenario is EVERYONE INVESTED was a target
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What is exactly the plan: to have UST pegged to 1USD and any holder will be able to have back its value?
Also, I have moved my UST back to Binance when things went really bad, with Luna down under 0.1$, I was afraid the Terra platform and wallet could have been locked or not accessible.
How will I be considered? I have hold all the UST, confident in your good faith and will of giving back to your loyal users what’s been stolen in a matter of hours!
Please reassure us, let us believe that you are not the bad people outside there they are saying, let us know that there is a hope to get our money back on track, the protocol working and that we can keep believing in the future you made us believe.
P.S.: Binance ahas also blocked withdrawal saying the chain is not working; so if the plan is to move the UST back to be entitled you still need to prove yourself trustable and let the exchanges trade.
Absolutely negative this proposal. The system is too big to be summarized in 3 actors. Minhares and people invested billions in the fall and was trying to support it in addition to profit. Everyone, including myself, blindly believed that there would be a solution. Now you want to take all the ones that were diluted to thousandths of a cent and throw them in the trash? Hey friends…I only have 739 bLuna bought at 2.48 usd but believe me, in my country this is worth 13 months of a monthly salary.
When you increase the supply, you get the wrong people on that boat. They couldn’t care less about the project. How can you treat them the same?
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Validation is active right now and binance withdrawal seems available : send your binance UST to terra
Ignore Luna holder on CEX ok!!
Really? Who agreed tho that!
Do Kwon, the luna price needs te get up significantly before any trust will come back. Do something about it. The community loves luna / wluna 
BURN LUNA TOKENS AND GET THAT PRICE UP❗️
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Agree, if you hold Luna now you are a Luna believer and you helped Luna by not selling or even buying more Luna. Current holder should be more rewarded. Holders on Exchanges should be rewarded.
Instead of creating a new Luna, there should be the burn of the billions of Luna created to try to save USD.
Proposal should be try try to bring back Luna instead of arbitrary allocating a new token. In all arbitrary allocation there will be unhappy participants who feels that we were mistreated.
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