gs390
May 15, 2022, 4:29pm
65
I feel the same, and am with you on the sentiment.
I mourned for a couple days without talking to anyone, then sharing with my family about the loss, and been seeking comfort.
We have to move on.
Whatever the recover plan the community eventually will agree on, let’s hope it will be the best outcome to everyone who has put a lot through this journey.
what made my mind blowing, is his first proposal was accepted immediately.
_Marco
May 15, 2022, 4:34pm
67
UST=1 USD
This is the responsibility of “stable coins”, can be 1UST=1UST2
, but it is linearly locked in one year, so that you can still gain trust and support the project, if it is 50%, people will stay away from TERRA
LunaX
May 15, 2022, 4:34pm
68
GS390 could be the proxy of Terra key personal, which makes me worry about the future of Terra and this community
More of a snake oil sales man than someone who really want to make the best for the whole community, always finding a short cut
remember Kwon was used to be anonymous in basic cash project
gs390
May 15, 2022, 4:35pm
70
The market has its own way of working.
If $UST is not burned early at better price, it will be burned at later time for worse price.
The Mint/Burn is built into the protocol, as the foundation of $LUNA
This is how market works. Slowing down burning would only make things worse…
Random
May 15, 2022, 4:35pm
71
@gs390 Sorry to reiterate this:
I think it would more fair to think of a refund based on users’ amount of the refund, especially for UST. Small amount get a whole refund, between x, y amount get z, etc. This different than a ratio 2:1…
This will make a lot of people happier and establish in/outside trust and provide a better perspective of the Terra Ecosystem.
gs390
May 15, 2022, 4:36pm
72
I agree as long as this is what community voted for.
Random:
@gs390 Sorry to reiterate this:
I think it would more fair to think of a refund based on users’ amount of the refund, especially for UST. Small amount get a whole refund, between x, y amount get z, etc. This different than a ratio 2:1…
This will make a lot of people happier and establish in/outside trust and provide a better perspective of the Terra Ecosystem.
1 Like
Random
May 15, 2022, 4:37pm
73
Please, can you add that to the proposal. Thanks.
gs390
May 15, 2022, 4:38pm
74
Just to clarify, I am not associated with Terra the company in anyway. Nor do I know @dokwon personally.
I am a vested investor in Terra, because of its “stable” promise, and “high yield”.
I had a major loss due to this unfortunate event.
LunaX
May 15, 2022, 4:39pm
75
So you admit you are the one suggested to increase the mint of Luna? If Luna priced like sands, UST sink too
Please go to school for Economic 101
gs390
May 15, 2022, 4:40pm
76
There is a dedicated proposal to this.
Hey everyone. I would like to suggest a tiered repayment system for the first batch of users.
The events that unfolded in the last few days have deeply affected all of us, and I’m sure we can agree that small to medium sized traders have been affected the most. Families have lost livelihoods, students and working professionals have lost years of savings, and lower-calibre ‘investors’ have even lost other people’s money. In a few weeks, everyone will talk about how obvious this event was, but in…
gs390
May 15, 2022, 4:41pm
77
The market has its own way of working.
If $UST is not burned early at better price, it will be burned at later time for worse price.
The Mint/Burn is built into the protocol, as the foundation of $LUNA
This is how market works.
Slowing down burning would only make things worse…
LunaX
May 15, 2022, 4:41pm
78
As far as my concern, this thread is you and your newly created proxies whom you use them to support your proposal
and others who voted against your proposal
Stop bringing everyone to hell again
Go figure out how to clean the blood on your hands
yshi
May 15, 2022, 4:42pm
79
Totally not agree with new coin/token.
Once stable coin unlock, people will rush to sell because they’ve lost 50% already.
You can’t control exchange.
gs390
May 15, 2022, 4:43pm
80
If we believe this does not boost confidence in the community, then we should go to @dokwon proposal to issue $LUNA2 for $UST holder at a snapshot.
That will clears all $UST obligations
LunaX
May 15, 2022, 4:44pm
81
Yes, you are right, who will trust a captain who have abondon his ship twice and bring his people to hell once
Now I must admit that LUNA is Done
LunaX
May 15, 2022, 4:53pm
83
with burn rate @ 0.1% per transaction, it can be saved
1 Like
yes I agree that the only solution is burning, but what if they accept this proposal lol?
1 Like