# \[Proposal\] from 0rigin.one to save Luna and UST. Former equities managers in large banks, experts in restructuring, economics, and token economies **URL:** \ **Category:** Governance & Proposals\ **Created:** [May 15, 2022, 4:48pm UTC](https://classic-agora.terra.money/t/proposal-from-0rigin-one-to-save-luna-and-ust-former-equities-managers-in-large-banks-experts-in-restructuring-economics-and-token-economies/16169 "2022-05-15T16:48:44Z")\ **Posts on this page:** 10\ **Page:** 2
**Author:** ![humanreadable](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/humanreadable/32/7759_2.png) [@humanreadable](https://classic-agora.terra.money/u/humanreadable)\ **Post date:** [May 16, 2022, 4:39am UTC](https://classic-agora.terra.money/t/proposal-from-0rigin-one-to-save-luna-and-ust-former-equities-managers-in-large-banks-experts-in-restructuring-economics-and-token-economies/16169/26 "2022-05-16T04:39:55Z")
ignore this idiot spammer. \>\>\> kwonisagenius intentional action to disrupt discussions here don’t flag it it’ll lock the thread for some hours thank you ---
**Author:** ![ERG](https://avatars.discourse-cdn.com/v4/letter/e/e9c0ed/32.png) [@ERG](https://classic-agora.terra.money/u/ERG)\ **Post date:** [May 16, 2022, 4:55am UTC](https://classic-agora.terra.money/t/proposal-from-0rigin-one-to-save-luna-and-ust-former-equities-managers-in-large-banks-experts-in-restructuring-economics-and-token-economies/16169/27 "2022-05-16T04:55:19Z")
The assumption that UST is backed by LUNA is wrong. UST creates the LUNAs that drives demand for more UST. At genesis of all investment properties start with having money before you take on the enterprise of a home financing business. The wrong thinking is that somehow LUNA will create value for UST. It does not. When the UST is worthless then so is the interest bearing instrument called the LUNA to people outside the Terra community. We need to anchor UST in collateral and create a stability insurance fund to pad the LUNA from “loopers” blowing up the LUNA economy. We cannot afford another AIG. See: > [@Terra v2.0: A 9-point recovery plan for a revenue positive enterprise](https://classic-agora.terra.money/t/terra-v2-0-a-9-point-recovery-plan-for-a-revenue-positive-enterprise/17296): > > Summary Provide a simple alternative plan to save the business and restructure old debt. Creating real value rather than financial engineering will drive greater returns and save the ecosystem. Motivation Why does the community believe in Terra. 2 reasons: Terra promises to provide low cost money transmissions and remittances without restrictions, limits, and high fees that banks and payment processes forces on everyday people and businesses. Terra promises an ecosystem for savings, loa… ---
**Author:** ![CryptoTTM](https://avatars.discourse-cdn.com/v4/letter/c/b9bd4f/32.png) [@CryptoTTM](https://classic-agora.terra.money/u/CryptoTTM)\ **Post date:** [May 16, 2022, 5:11am UTC](https://classic-agora.terra.money/t/proposal-from-0rigin-one-to-save-luna-and-ust-former-equities-managers-in-large-banks-experts-in-restructuring-economics-and-token-economies/16169/28 "2022-05-16T05:11:12Z")
Crypto is different from traditional assets. But interesting ideas. Hopefully below link helps to offer some perspectives. > [@\[Proposal\] 8 Steps to Save Luna Now - Economic Refactoring Proposal From Industry Professionals](https://classic-agora.terra.money/t/proposal-8-steps-to-save-luna-now-economic-refactoring-proposal-from-industry-professionals/7510/346): > > Hi Everyone, After cooling down over the weekends, some thoughts and perspective here for your reference. The purpose is to hopefully provide some objective thinking process, amid all the hate, sadness and complaints. I know its painful for you to lose your money. It is painful for everyone and everyone still cant believe what happened. Alot people keep believing that there is hope for recovery. Yes, I hope so too. I have lost quite alot in this saga and it was excruciating painful. But the tr… ---
**Author:** ![Ideaforu](https://avatars.discourse-cdn.com/v4/letter/i/fbc32d/32.png) [@Ideaforu](https://classic-agora.terra.money/u/Ideaforu)\ **Post date:** [May 16, 2022, 5:14am UTC](https://classic-agora.terra.money/t/proposal-from-0rigin-one-to-save-luna-and-ust-former-equities-managers-in-large-banks-experts-in-restructuring-economics-and-token-economies/16169/29 "2022-05-16T05:14:52Z")
Choose team, for better progress > [@So many sound. Stay or Fork or rebuilt at other chain?Solution here!](https://classic-agora.terra.money/t/so-many-sound-stay-or-fork-or-rebuilt-at-other-chain-solution-here/17321): > > Hi new and old fans. Some hate fork , some like. Either way will hurt someone heart. No way to choose a plan to hurt ppl. Now we think other direction. Now everyone choose 1 stay and burn and restructure 2 fork a chain 3 find a project that offer migration. Than we have a 3 difference group to discuss and plan their own taste. Luna big enough to devide into 3 piece(Three Kingdom). Lets began ---
**Author:** ![Q\_Boy](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/q_boy/32/4663_2.png) [@Q\_Boy](https://classic-agora.terra.money/u/Q_Boy)\ **Post date:** [May 17, 2022, 7:38pm UTC](https://classic-agora.terra.money/t/proposal-from-0rigin-one-to-save-luna-and-ust-former-equities-managers-in-large-banks-experts-in-restructuring-economics-and-token-economies/16169/30 "2022-05-17T19:38:55Z")
best economists. LOL! as a formed PM at one of the largest HFs in the world as well a Prop Trader at a Large Bank, economists are incorrect 60% of the time. please stop the hype and put forward reasonable proposals. hopium and hype are gone. ---
**Author:** ![Deathstar\_Daddy](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/deathstar_daddy/32/12910_2.png) [@Deathstar\_Daddy](https://classic-agora.terra.money/u/Deathstar_Daddy)\ **Post date:** [May 17, 2022, 8:19pm UTC](https://classic-agora.terra.money/t/proposal-from-0rigin-one-to-save-luna-and-ust-former-equities-managers-in-large-banks-experts-in-restructuring-economics-and-token-economies/16169/31 "2022-05-17T20:19:55Z")
This sounds like my plan (posted on here) lol. It’s so similar to what I posted, which is only a summary of what will be my whitepaper document which summarizes what I would implement. The core details align with this. Bravo. For LUNA to succeed UST must be repegged. Thankfully repegging UST can be achieved and fairly easily. I would use various funding tactics including outside funding from others within the Crypto space (preferred). Feel free to read my summary and let me know what you think. If I am successful in forming a team to lead LUNAC & UST 0rion (aithor(s) of this doc), would be a great asset to the team to lead the pheonix from the ashes. ---
**Author:** ![fungusmash](https://avatars.discourse-cdn.com/v4/letter/f/c2a13f/32.png) [@fungusmash](https://classic-agora.terra.money/u/fungusmash)\ **Post date:** [May 17, 2022, 8:32pm UTC](https://classic-agora.terra.money/t/proposal-from-0rigin-one-to-save-luna-and-ust-former-equities-managers-in-large-banks-experts-in-restructuring-economics-and-token-economies/16169/32 "2022-05-17T20:32:54Z")
I feel like I don’t have a base knowledge to understand the proposal. Can someone please recommend some reading material to help me break through? ---
**Author:** ![tung2021](https://avatars.discourse-cdn.com/v4/letter/t/d07c76/32.png) [@tung2021](https://classic-agora.terra.money/u/tung2021)\ **Post date:** [May 17, 2022, 8:41pm UTC](https://classic-agora.terra.money/t/proposal-from-0rigin-one-to-save-luna-and-ust-former-equities-managers-in-large-banks-experts-in-restructuring-economics-and-token-economies/16169/33 "2022-05-17T20:41:55Z")
i agree the retain of UST and restructure the composition of UST, use the time to absorb the impact at this moment. Thank for the effort to write. ---
**Author:** ![nixin](https://avatars.discourse-cdn.com/v4/letter/n/b9bd4f/32.png) [@nixin](https://classic-agora.terra.money/u/nixin)\ **Post date:** [May 17, 2022, 9:15pm UTC](https://classic-agora.terra.money/t/proposal-from-0rigin-one-to-save-luna-and-ust-former-equities-managers-in-large-banks-experts-in-restructuring-economics-and-token-economies/16169/35 "2022-05-17T21:15:18Z")
> ---
**Author:** ![FaeLightCarmenum](https://avatars.discourse-cdn.com/v4/letter/f/2bfe46/32.png) [@FaeLightCarmenum](https://classic-agora.terra.money/u/FaeLightCarmenum)\ **Post date:** [May 23, 2022, 12:51am UTC](https://classic-agora.terra.money/t/proposal-from-0rigin-one-to-save-luna-and-ust-former-equities-managers-in-large-banks-experts-in-restructuring-economics-and-token-economies/16169/38 "2022-05-23T00:51:37Z")
Guess it is only a few of us that think this is worthy of discussion. Everything rushed and panic, understandable and unfortunate. Whether a new Terra chain happens or does not happen I think much of this proposal is worth consideration, even as elements in possible new proposals. [Previous page](https://classic-agora.terra.money/t/proposal-from-0rigin-one-to-save-luna-and-ust-former-equities-managers-in-large-banks-experts-in-restructuring-economics-and-token-economies/16169.md?page=1)