Summary
Terra validators disabled IBC as a stop-gap solution to preventing Impermanent Loss on UST and LUNA pools on Osmosis and other IBC DEXs. Unfortunately, this also prevents UST and LUNA from transferring between chains. Currently, about 154.7M UST is stuck in Osmosis alone.
Motivation
Users are currently stuck with UST and LUNA on chains such as Osmosis, Crescent, and Sifchhain, unable to transfer between chains or back to Terra.
Proposal
This proposal re-enables and unlocks the transfer of UST and LUNA between chains.
6 Likes
Yes, I have terra stuck on IBC, it’s not fair that others can trade freely and we are stuck on IBC
3 Likes
@Crypto_Hub and @Amish_Farmer - Please be sure to vote on the Terra Station proposal 1299 for this, to help ensure it passes.
1 Like
Can I vote more than once?
1 Like
I believe you can, but only 1 vote counts based on the LUNA you held at the time of the proposal going live. So if you vote no, then change to yes, I think it then changes to yes for the same LUNA amount.
1 Like
现在的结果属于投票通过了吗？如果通过什么时候会执行？
1 Like
Will they start after the proposal is passed?
1 Like
hello,
how will it affect LUNA proce?
will whales dum*p there converted ust in the luna market and make it fall again?
1 Like
since 1ust is 1 dollar worth of luna
1 Like
The proposal has been passed. When will it be implemented?
2 Likes
The proposal has been passed. When will it be implemented?
Where is it implemented? In Osmosis the LUNA transfers are still disabled. Please confirm
So when can I swap between luna and ust 1:1?
No, not able to be implemented yet
Irrelevant to this thread but burning/minting is disabled
what is the estimated time until the channels are enabled?
yes, it just not as simple as the proposal made it look 
not sure on a timeline