Strongly support this proposal.
Is there any consensus on algostable restoration once governance reverts to the actual community?
I gave my proposal here a while ago (
Do Kwon, What would it take to buy you out of Terra1? - #9 by Atoj ).
Long story short, the USTC bad debt needs to be cleared via external USTC buyers injecting new capital into USTC + mint/burn of USTC into LUNA. I feel like the community has not arrived at a consensus around this topic.
For this to happen, there need to be some structural changes, like expanding the number of decimal points available …