Summary
Some of us we have lost everything or almost everything, me and my friends personaly lost everything on the heavy liquidation of the May, 10 2022 2:33:42 during sleeping. And when we want to do a repay it was impossible beacaus of the net congestion. But, no more cry about our lost money, we need to restore Terra. Personally, Terra lovers want to restore this, even from below and enjoy other time of Achor, Mars, Terraswap, Astroport, Aperture finance, Talis, Knowhere, Kujira, Whitewhale and even Osmosis.
Im really diapointing how people ony wants to get the money backs but not continue here.
Motivation
We need to restore everything and TRY to take it back, also if it can be a fail. But, we don’t deserve to lost this beautiful community. We have the best community and very intelligent people creating projects.
No a refund 1:1 only to UST. This isnt as a insurance. If you wanted to “protect” you had Hundred Finance for exaple to make a collateral with others stablecoin. This will not return terra.
Proposal
The unique chance to recue:
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Take a snapshot before the crysis. More or less May 13; 4:00:00 (GMT +2).
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Take in account everything. Luna holders (an bLuna/cLuna/pLuna…), Bluna and other in collateral in anchor, UST holders, even CEX people (it maybe has to be transfered acroos this CEX), Osmosis investors, and even a small piece of it to tokens of the terra ecosystem (ANC, KUJIRA, SD…) but this it hasn´’t depreciate like luna.
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The key thing, an SLOWLY “airdrop”. I mean, with this reserves and a possible adoption of it this airdrop should be SOLDED in a long term. We believe in this projecto so it doesnt care if it is so much time. But, we should use it in the ecosystem. This airdrop doesnt bring back all the money losted, algo reserves and a possible apreciation of this new token project.
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Also, a new UST, at this moment it should be colateralized with other stables like BUSD, USDC and USDT. And also with BTC and ETH, but now it has to me dynamic, buying more when btc drops (for examplewhen it has weeks in negative) and buying less when it is in ATH. Also, using the old UST has to be here, a % using Luna too like now.
And thats it. I think this is the last chance to continue here. If not, it will we an insurance company, and Terra WILL DIES FOREVER.
If someone wants to correct me, thanks you, this is not my mother tongue.
