Hi Terra validators, team,
I am both UST and LUNA holder still. I would suggest including the proposal by @FatMan [Proposal] Tiered repayment: airdrop USDC/USDT to small UST holders on Terra) for tiered repayments as part of the proposal suggested by Do Kwon.
The above proposal by Do Kwon is not fair to ppl who sold UST when it depegged considerably to .40c, to save whatever value they could. At the very least, these ppl should be re-payed if they held onto their UST up until the meltdown (for eg: price below .60c). I believe ppl who still hold UST and also held UST until they really could not afford to lose value (for eg: price below .60c) encompasses the community who really believed in the project and still do. Once these ppl have been identified and re-payed using the tiered repayment proposal, then the new community that come out to save the network can be rewarded using Do Kwon’s proposal. This way you can keep a lot of the old and new Terra community.
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