I am writing here, since the Discord channel is closed to new users, and the General forum is saturated with more pressing issues.
What do you advice to those #lunatics that have purchased their coins on external exchanges but they have not transferred them yet on-chain?
- Am I allowed to open a new account and bridge my assets here from Binance? Do you advice against it?
- Will I lose those assets, in case a Fork is set in place to a block before my transfer on-chain?
- Shall I keep my assets on Binance for a little longer and wait for the community to reach an agreement on how to proceed?
- Will shareholders on Binance/or other exchanges be also taken in account in case any form of compensation to old supporters is agreed?
I hope somebody from the developer side can spend a few lines to help me find the best way to proceed. I understand you have bigger concerns at the moment, but your insight and experience can be previous to avoid loyal supporters to hurt themselves even more.
Thanks in advance!
I bet I am not the only one of your newly acquired supporter that feels even more lost in this moments of general confusion. We would also like to be part of the re-building of the “new Terra”, that’s why we stayed!
I have purchased all of my assets thorough Binance, 75% of which before the 8th of May. I was planning to transfer them on-chain later in time, but latest events convinced me I would like to join you since the beginning of “phase 2”.
I bought as many UST as possible during the first de-peg wave in the hope to make my part to bring the UST back to 1$. Similarly, I did no sell any, even if I knew there was a high risk to lose my money. I have invested into you because I believe in your project and the quality of your algorithm, and I don’t see this crash as much more than a set-back (a very unexpected, dramatic and painful one, but I am still confident the blockchain will recover).
Am I welcome to bridge on-chain, of will that only add salt to the open wound?