I’m reviewing all proposals and it’s a shame to say that all of them have a cheap manipulation and greediness by interested parties that seeking to abuse the situation!
Terra community is built from $B investors all day to individuals that hold one token, and each one of them bleeds and lost EQUALLY the same %. Some sold to cut the losses, and bought back at a lower price hoping to recover their losses, others bought the deep like any normal community member that believed that Terra is here to stay and price will bounced back, and probably maybe even a few true angels that enjoyed from better days, donate some funds based on pure Ideology to support save other people from losses. At the end, each one of those players have been there for Terra!!! each one of them and as one big community worked together to keep the light on while they bleeding as they do so.
So now when the trust is on balance, there is no room to leave ANYONE behind, regardless to the amount of losing, size of investors, or the reasons why each one of them bought their tokens and when. first, because it’s not the right thing to do to other people in general and certainly not to Terra’s community that right now needs more than everything to regain trust in the project decisions, and second, it will anyway not be going to hold discrimination claims in court when many class action law sue will filed.
Everyone is EQUAL!!! it doesn’t matter if they hold UST or LUNA, if it been hold of-chain or on-chain, with Terra network or other networks, if it was staking or liquid on a self-custodial wallet or on some CEX wallet, they are ALL EQUAL!!!
And if the final decision will be to re-launch UST, or re-lunch LUNA, it’s fine. and if the decision will be to set a $10, or $1, $0.1, or any baseline price for LUNA v2, it’s also fine. AS LONG that this baseline price and the ability to convert v1 to v2 will be open in a fair way for EVERYONE!
And if the decision will include special rules, like a staking period when converting v1 to v2, to prevent dumpers from hurting the v2 price, it’s fine as well, as long that those rules will apply to EVERYONE including the team and funders equally. even voting to reverse all transactions from any specific date can be welcome, as long that no one playing God, and cherry-picking what to accept and what not.
NO ONE will get better terms over others. we are ALL on the same boat, now it’s up to us if you want that boat to survive or die due to the wrong decisions