Might seem a crazy idea, but here’s my 2 pennies worth.
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why not turn Luna into a decentralised community coin with a fun feel to it like shiba inu.
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Through staking let the community votes on the direction of the coin
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let lunar classic act as a canary network for V2 to mitigate any future catastrophies on the main V2 chain.
*Use lunar classic as gas fees for the V2 chain.
*Burn lunar used as gas or first use it to pay back UST holders on a full 1:1 peg
- Let the community dictate the various burn mechanism to reduce coin supply on the old Luna network.
*Let both v1 and V2 be a means to pay back the UST holders on 1:1 basis over time.
- And finally don’t call it Lunar classic call it Lunar canary and walk away as project lead for the old lunar and focus instead on making V2 and Terra successful whilst ensuring all terralabs future projects benefit old Luna in some capacity.
It really is that simple and everyone is happy. We have 2 chains and also the hope that through creative burn mechanisms still a good Dev team and a solid community both chains can thrive and Terra can rise through the ashes.