Terra Ecosystem Revival Plan 2 [PASSED GOV]

[Markus22]

No fork solution for the Terra ecosystem that compensates everyone fairly and also still allows for a stablecoin to exist.

Feel free to use this draft or parts of it for your own ideas or take part in crafting and forwarding this Proposal.

[Proposal] Solution for the Terra ecosystem (fair compensation & preserving of future value)

Summary All UST, and legacy Luna holders will be airdropped with Luna in an as fair as possible distributed manor which leaves no one behind but also makes no one rich. After that there will be zero UST left and Luna will be rescaled to a reasonable amount. For the future the Luna chain will relaunch with a functional mechanism for the stablecoin Terra which values is not looked to one dollar but stabilizes around it with either money or time as compensation. Motivation Many users don’t wis…