But, what is really left to save? Even if it’s “saved”, what credibility does the project have, who will put money again back into the ecosystem?
This needed an urgent intervention, and the best we got was a poll of 7 days to mitigte the issue. It’s like someone having a stroke and the doctors create a 7 day debate in how they are going to save the patient. It’s dead in a few hours…
its fake news
Binance has delisted UST and we can’t even withdraw out. What happens to the UST?
The sole responsible here is the protocol design itself, the rate of mint/burn has nothing to do with it. Had your proposal been implemented before the price crash, the only effect it would have had is cinetic: it would have accelerated the price plunge because LUNA sellers (who would have obtained it from UST burning) would have dried out quicker the demand for LUNA on exchanges.
If the Terra blockchain can still be saved, it is only by killing UST and replacing it with a more robust stablecoin mechanism.
do u not understand if u dont make ust whole u dont have a community. Everybody on mirror and aperture all the ust holders basically all the money. Yeah u got luna but nobody gonna use it. Terra better figure out a way to save current system or die simple as that. they should have stopped chain long ago if they was gone stop the chain.
Given the announcement by GAM https://finance.yahoo.com/news/gam-holding-could-terras-white-220000404.htmland
reading between the lines UST could come back initially fully collateralized. I can only assume this coordinated the chain freeze to allow the vote to kick in and re-start the chain on Tuesday.
I think, on contrary, that it would have fasten the death spiral. The price of LUNA relies on the supply/demand ratio. The limited minting capacity reduced the supply pressure and slowed the death spiral. As soon as UST fell bellow a critical depeg price and people were willing to exit, it was impossible for LUNA to absorb billions of liquidity.
Terra should seek advices from Roger Penrose rather than Vitalik Buterin, this relates more to black holes physics than blockchain theory. 
A question… Does one sell his or her UST for whatever is left?
Tought question, much rumor they are still trying to figure out bailout, how that will affect people who sold after attack is unclear.
The “what if” scenarios play out in my head are killing me 
Better to sell wahtever you have. I think the team has already run away. Do Kwon always said he had a kill switch. There has been no news since they stopped the chain, which was already going to 0
FUD. Chain back on, multiple updates since.
Can anyone understand what they are trying to achieve here
Get bridged assets off chain before next steps…
Yup, FUD. LUNA and UST trading still in operation on selected CEX’s. (MCAP of UST) > (MCAP LUNA). It’s obvious LUNA is under value. Sure confidence rekt. But, project doesn’t have to be dead. If LUNA’s price is pushed up, by buying pressure, and chain works, then UST holders can burn UST for LUNA and ride it up on a swing trade. This makes UST more scarce too and pushes up the price. When demand on LUNA is reached, the price will reverse, and upon hitting downside equilibrium, the demand for LUNA can resume. No one has seen volatility like this before in any protocol or simulation. This has to just play out as the economic experiment that it is.
Just wondering who is this guy who made this proposal adopted. It killed the market even more
The thing is, this change was NEVER applied. The 7 day vote didn’t end yet. Yes, there is a 7 day voting for an urgent situation…
Is this from the real Do Kwon?
I was on Binance 30 days UST Stake before the de-peg. It’s unstaked today. I couldnt even move a step. As a stable coin holder i request a full return. Now, we cant even transfer UST’s to TerraStation.
Terra should buy or compensate 1:1 UST to USD, only for the holders before de-peg.
Kind regards with 30k UST.
Anyone who invested in LUNA knew the risks and volatility of the asset. IMO you should preserve people who believed in UST as a secure asset where to put job earnings.
You can still save lives, the right thing to do is to snapshot BEFORE the attack, and refund people who had and still has UST in their portfolio.