Hey @dokwoon, what you have built is fantastic, and a vulnerability in a system like this is expected at some point and could and should be fixed. However, the above ideas do not account for the many thousands of folks who went all-in (like I literally liquidated anything I could in my life) to buy the dip and the dip of the dip.
Since day one, we believed in Luna and did not want to lose the opportunity to buy more of it. This is why we are in crypto, to catch opportunities like these!
Luna can be fixed. Please check these two proposals (the first of which was done by the founder of the Hydra chain, I believe it has some meat) 8 Steps to Save Luna now - Economic Refactoring Proposal from industry professionals - #65 by Kalirren.
And this one has particularly interesting cryptographic and probabilistic algorithms to detect and avoid such failures in the future LUNA Go Forward Proposal - #734 by nebamon.
Just please, do not go for redistribution; if you do, it would be the final blow to the ecosystem; just find a way to salvage the current Luna - The way you are doing now seems to work, and we are ready to wait. This has given a chance to the small folks who could not afford to buy Lunas before!
Luna will make so many folks rich that you will see a new golden age in future value and user adoption. When people start getting rich because they bought low, everyone will rush in! It will be so good that most will forget what happened before, especially the loyal folks who continued sticking with Luna (and UST) in the good and bad times.
If you let this play out and implement the patches proposed in the links above, you’ll become more popular than Bitcoin (already these unfortunate events have been a massive publicity stunt)! And the return of Terra Luna will trully be “a sight to behold”! 