[Proposal] Tiered repayment: 1:1 USDC refund to all UST holders up to a certain cap per-wallet using LFG funds, favouring small wallets

[S986123]

@FatMan

I put some thoughts on mechanics here, given there isn’t $1.0B - $1.5B available. Would be curious on your thoughts.

[Proposal] Tier repayment 1:1 USDC refund - Incorporating Fatman's Idea - Potential Mechanics (Not Currently Enough Funds)

Unless a white knight or angel investor comes forward, there isn’t enough money to enact this proposal. At current prices, you have ~$243M between Binance, Justin Sun, and the remaining LFG reserves, which is a fraction of the $1B - $1.5B. What if you did a lock drop for all UST on chain, and everyone who deposits UST can get 1 USDC either paid by donations from anyone wishing to step forward, or a percentage of future transaction fees, which would be sold for USDC and distributed to users. Thi…