I object this proposal and support for the USDC compensation one with following reasons
1.When Terra launch UST, you promise 1:1 pegged with USD. That is the reason you call it stable coin. However, you break the promise regardless of any reasons.
2.Terra and you never and ever told us that it is risky. I believe if you said it before, many of us will not invest money on it. From this perspective, you cheat all of us.
2.For users joining UST staking, they just want to have relatively high stable earning. They don’t want to be millionaires. Instead, they just want to make a better life with decent earning day by day to feed their families
Therefore, I appeal to all the guys in this forum to support the USDC compensation proposal.
Lastly, my whole family joined the UST staking in Binance with 74k USD cost. The screenshot is from my account. The unpegged UST hurt us very deep. I sincerely wish Terra could take responsible for the loss for so many UST holders and not break their hearts again.
Meanwhile, we should also get the authority of vote in this forum as we have spent lots of money on Binance UST staking.
Thanks a lot.