Up till now there were 0 negative comments. Its a good sign ^^
Yes the only thing that’s left is to limit UST to LUNA conversion to certain circumstances:
- Only possible when market cap of LUNA > number of UST.
- Limited amount of LUNA minting per time to small percentage of market cap.
Everything might be saved with some small changes.
Added your addition to the idea in the thread post
even better if it burn LUNA from the supply pool (not burn it as tax) with a lower rate, like 1% of transaction fees, it will encourage people to do transaction with $LUNA.
What about the remedy then? I believe this should be included to rebuild the trust in he ecosystem.
yess!!!
Anyone else whou would like to share their opinion?
BEST IDEA. I am not a tech guy but this sounds better than the Dokwon’s Terra Ecosystem Revival Plan. Dokwon’s plan make LUNA looks like its not a crypto rather than central bank’s money.
Could you explain a little more?
The guy is gone xD
Good idea xD
good idea but the problem is the the blockchain should be attacked again…so first of all we need a fork and new code
Impliment this even at 5% tax
Best way to go
Just see binance ,its all going good
I think the problem was with LUNA being linked with UST, not with the blockchain per se
Thats what should all new threads be talking about right now. How to distribute the tax
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Agree. Keep the existing structure in place, fix the problems to avoid a repeat, and add a transaction fee to help build reserves, burn, and for general maintenance of the ecosystem. Anything else smells like financial fraud. People using terms like “Equity” and “Debt” need to be mindful of SEC’s reach. Stick to what is in place and improve.