[ Proposal ] Fork + Burn / Fee for Validators & Devs - TFL - Do Kwon

I propose we fork from current chain leaving supply intact.

Get rid of UST. Blacklist Terra and Do Kwon / Exploit wallets.

Implement transactional burn / fee for 3% -
0.1% going to validators, 0.1% going to Devs
1.5% going to previous UST holders until they are made whole with wallets having <$500,000 USD
1.3% being burned until supply reaches 300,000,000-1,000,000,000 (up for debate)

Create USTv2 that is collateralized via BTC / USD.

I’ll update this soon.

1 Like

I do not agree with any of this proposal.

1 Like