[Proposal] Terra Ecosystem Revival Plan with $UST2 Stable Coin

[gs390]

Please kindly follow the sequence of events here:

[Proposal] Help UST Pegging. Increase estimated minting capacity to $1200M

For questions to the Proposal: $LUNA and $UST crashed before this Proposal is implemented. This Proposal has not taken effect at this moment, and have no direct bearing to $LUNA and $UST’s collapse. What we all have observed is how the market works. The market will find equilibrium, one way or another. Above said, the low Mint/Burn throughput is one of the key contribution factor to $LUNA and $UST’s death spiral (in addition to the protocol design itself). If there are enough Mint/…

@LunaX

Do not trust this GS390, I repeat, do not trust this GS390, he is the one putting everyone in big trouble