You don’t need to stake (in fact you can’t stake as TFL/Validators disabled delegations to allow them to rig the governance voting).
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Great. Thank You.
I staked in Anchor 2172 UST but it only minted 1712 aUST. Do i get an airdrop only for that aUST?
I believe they are supporting aUST in the airdrop, see TFL’s Medium article posted earlier today: Terra 2.0 — LUNA Airdrop. Terra 2.0 is nearly here. As a… | by MC | Terra Money | May, 2022 | Medium. As to the quantity that is eligible, that would be limited to the cap described in the article. I don’t know for certain about the difference between what you staked in Anchor vs what was minted, but my guess is only what was minted will be counted.
Except from the solution for UST, this plan is good enough. But author mustn’t be too strict about every part of that proposal and let the community argue
First step has to be to fix the governance so all Luna holders can vote. Only then can we gauge the true level of community support.
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I agree
DK still did not post RPOOFS of spending this 80k btc. This could completely restore chain and trust.
Well with the LUNAv2 about to hit the exchanges we need to start acting on a plan going forward.
Some CEX’s are already halting trading on LUNA Classic. Cryptocom is one that I know of, but there are others as well. Without a plan they will have no interest to keep it listed.
Nows the time to vote. Validators your stake’s value will start it’s decent to 0 and without a plan in place, it won’t be coming back.
Go to Station and vote if you can…
Lets rebuild together.
That proposal is better in many ways and it was the most wanted proposal by community. The first version also got many “yes” votes. We must not focus on too many different proposals or we will end up falling apart which is not good for Terra Classic.
This plan has some of the same component’s as my plan. The tax and burn is something I have had since the begining of this process.
I feel a 10% tax is too high of a number to start with. Mine starts at 3% as I believe anything higher will dissuade trading activity currently and be punitive.
My tax is also fluctuating based on ecosystem and market conditions. Between 1-5%, which the latter is for the extreme market conditions. While we are in an extreme market, I feel holders have already been hit with massive losses so hitting them with a 5% tax would be punitive I believe.
The main things this plan lacks is…
The how’s and who’s. It hinges on TFL resuming development on LUNC & UST. What if Do Kwon & TFL have no interest in this project going forward? Then even if the plan passes, who will make the changes? Who will ensure this coin has a chance moving forward with or without TFL or Do Kwon? There are also outside forces circulating around Do Kwon & TFL which may impede their ability to be involved including bankruptcy and incarceration which would destroy all networks under their company.
What about future use? How will we set up a new governance system, what will happen with Validators, How will UST repeg and what will help prevent this from happening again? How do we build value on this great ecosystem, ensure the CEX listings, and lure new Daaps to build upon it?
To be honest it’s a half of a plan, a good half, but half. In fact, it is almost has the same to do’s, as what is within my complete plan.
ALL that said,
I welcome the coming together of plans, or plan mergers as it were, and want to work them. To be honest there is 3 or 4 plans all with similarities, all that have some great ideas on execution, that if combined together we could really have a solid chance.
That is my 2 LUNC’s
Thank you for sharing.
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We need a true leadership here. Can you lead us?
What is your plan to add more values to this chain? Wouldn’t the tax will be disincentives the users and make $lunc a ghost chain? I see that $luna without $ust would be that.
Even fact can be false.
why the validators not voting on this proposal?
Also, where are all the 6.5T LUNA in circulation?
the motherfuckers… meaning all the retail traders holding on binance? youre talking about me and a lot of other cool people, dont catch us on the street lol
but seriously - they can easily be burnt, they just have to be bought first at market value from willing sellers. Binance resumes trading LUNC on may30 2am PST
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I think we need a Team to lead us, not just one person. That said I am planning on being the team leader. If my plan can pull in enough votes.
I have added a lot of ideas to bring value to the ecosystem. I disagree that a tax would be disincentive. People currently pay higher Gas fees on the Etherium Network and they became the number 2 coin in the world. Many other coins have it as well.
The only way this will become a ghost coin is IF it becomes abandoned and no one takes over to continue to fix and build on it.
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Firstly, we must know what Terra Classic management is thinking and planning about the future of LUNC. They must immediately state their roadmap and give some details.
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Enable staking again, give controll to the luna classic holders
0 Voting link:
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How is it going? Do you have any connections with TFL or validators? Cos i saw the proposal doesn’t have enough votes. And another thing. I dont think backing up UST with any crypto except for stable coins like busd or usdt is a good idea. If we were thought one thing from do kwons mistake is that you dont back up a “stablecoin” with a risky asset.
I believe USTC needs to find stability regardless of price then slowly increase at a controlled rate.
Everyone needs to let go of the short term $1.00 fantasy and begin with a peg at 5c and steadily increase the peg at a sustainable rate. Over time this would restore faith in the system seeing progression back toward $1.00
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Yes, this is the only way really. Recollateralizing while burning. This will take time, but is totally doable. Getting the faith from the market is actually more challenging, but as we are learning in the Cryptoverse, memories are short as long as you can prove there’s value in a project.
I don’t plan on collateralizating with risky assets at all. Besides other stablecoins, I mentioned BTC, ETH, & BNB as my top choices. I also have planes to add a second (possibly more) USD backed stable coin to relieve pressure on USTC.
They don’t seem to have any plans for LUNC or USTC as they have been silent on this front. THIS is why I made my plan as without a plan were going all the way down to 0 and this will just be another ghost coin.
How will that fix the problems and what value would that have? Not tearing the plan apart as this idea is a valid issue, that needs to be resolved.
The only thing I think this will help wiyh is to add a new batch of Validators to vote on future plans.
Im trying to accomplish this and fix the issues at the same time.
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