Terra Ecosystem Revival Plan 2 [PASSED GOV]

So those who bought 1000 LUNA at 50$ spending $50000,
and those who bought 1000 LUNA at $0.0005 spending 0.5$
both will get 1000 NEW LUNA???
IS THIS FAIR???

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So, what I want to understand now is that, hypothetically if this proposal of a new blockchain, splitting the TERRA UST BLOCKCHAIN INTO TWO

LUNA CLASSIC (LUNC) AND THE NEW BLOCKCHAIN (LUNA) CORE V2 FALLS THROUGH
WHAT THEN WILL BE THE FAITH OF THE LUNA CURRENT HOLDERS WORLD WIDE?
WE THEY LOOSE THE COIN ENTIRELY OR WILL IT AUTOMATICALLY REFLECT WITHE NEW CREATED BLOCKCHAIN,
 PLEASE SOMEONE SHOULD CLEARIFY MY MISUNDERSTANDING :pray::pray::pray::pray::cry::cry::cry::sob::sob::sob:

Hi guys,
We are live in Iran and we had to keep our assets and coins in local exchanger wallet.
so, question is :
What will happen to the people ( Such as us) who hold on exchanges? We lost most of our money.

People who buy bitcoin for $50000 don’t complain some people bought it for $500 a few years ago

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Just to clarify, my post depeg UST is still on Anchor (aUST), do I have to move them out of Anchor to qualify for the airdrop?

I hear you.

But to make your blood boil even more, this is the problem with POS systems. Yes, I was heavily staked in LUNA, but only because I was long term hodling anyway, so WTH.

POW gets a very bad rap because of claims of not being green, which if you look into it are not true. We are moving to POS because crypto is maturing, and the bankers/lawyers/professionals want to turn it into the new corporate system. If they own large stakes, they can vote rules that benefit the big players like themselves. Decentralized but inequitable. The top few percent will end up controlling it all.

That is exactly what is happening here. The proposal is highly skewed to the big players. Without keeping legacy LUNA, it leaves the little people in the dust.

POW is equitable. POS is not.

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΄ou are unreliable sir and unreliable will be and your next coin (with no value). Burn and save some part of your reliability. Don’t fool yourself. You can’t do anything else.

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Will I receive an airdrop if my UST are on Keplr wallet?

Yea that wont work with all the evidence mounting of BTC transfers DKwon dissolving the company in Korea. So much incriminating evidence showing up

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Money is money. If bought a car last year for $44k and this year the same car is $42k, should I complain? Nope. It’s crypto, buy low sell high, just like stocks.

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They don’t want their users to make money

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I have lost over £10k in UST and £700 in luna and won’t let Duo get away with my money. Yes I bought UST after the depeg but there is no way on this earth you can panalise me for that as once the depeg started instead of letting ppl carry on purchasing ust and luna he should have halted the trading but instead he kept on making false promises that everything going to be alright.

Wow. This proposal might as well be titled “Dueces Suckers” to all UST holders. I’m proud of myself that I only have occasional moments of intense rage and/or despair. It’s hard to watch D’oh, et al, slowly steal what’s left of our money when anyone with an ounce of integrity could have simply restarted the ecosystem with 1/3 of the BTC reserve. I can understand the developers and smaller Luna holders voting in their self-interest (and thereby screwing UST holders), we have all lost so much money. But this fork will poison the crypto altcoin market. I for one will never invest in any other crypto other than Bitcoin in the future. If D’oh and his criminal syndicate can get away with this altcoins are done. They will all be looked at as Ponzis (With the possible exception of Cardano.)

No Fork. Burn

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Everyone kindly read and support

I don’t understand why the post attack snapshot is after the current date. Why are we encouraging nonsensical buying of the worthless tokens in order to receive airdrops?

Make the post-attack snapshot either 5/11/2022 or 5/12/2022, a point in the past so it cannot be gamed but to reward believers who were trying to help defend the peg rather than participate in the bank run.

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No one wants a new fork, yet the LUNA team redistributed the votes to the whales, the voting is just a show, in fact the team has completed the development of the new chain, I no longer trust LUNA even though I still hold 10 billion LUNA

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You took interest from Terra.
Terra took your money.
We call this method P O N Z I scheme. :stuck_out_tongue_winking_eye:

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Nobody wants a fork. Just burn Luna and make a Tax for each transaction to burn Luna. Let’s make it deflationary again.

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Because thats the only thing giving it liquidity right now. If the snapshot was say 5/12, all trading on UST/ LUNA would crater, prices would drop to zero and for example, LFG’s 165M USD worth of UST - which they have said they will use to repay small wallets - will also go to zero.

I dont understand the hate for this. “The True LUNA believers” are not forbidden from picking up a few extra million LUNA for $100 right now, you know. Its your own mental mindset that makes you think this is just speculators. I held LUNA pre-attack, and I dollar cost averaged my position down to nothing at the expense of $100 afterwards. I get airdrop rewards of new LUNA and if old LUNA retains any value at all, I have value there still.

I too would love for old LUNA to be saved, but i am hedging my bets here. I suggest all “True Believers” do so as well.

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