Any way to include pool participants on Osmosis/Sifchain/Thorchain? We put ourselves out there to help cross-chain adoption. I have thousands stuck in IBC.
It doesn’t matter how it’s done, not saying inflating LUNA is the solution… obviously it’s not working. But UST does need to be repaid at 1 USD somehow, eventually.
That’s cool and dandy except with the fact that the company appears to be fully liquidated before the crash so legally there’s nothing to be liquidated especially if it was LTD to start with.
Following this logic, he has zero personal liability for any of the investors so potentially he gets to walk with all your money untouched.
That’s why crypto should always be decentralized, only community driven, no ICO and no CEO nor board of directors, this is bitconnect all over again - trust no one, only a dedicated community.
Fork won’t pass if we want to be ever listed on exchanges. People check what you think about this proposal if you find it a good fit for the current situation. You can always give input from yourself. That’s how this proposal was created. By community.
I’m all new to the crypto and blockchain space, but with my basic knowledge thus far, I think LUNA is psychologically too important for the advancement of the technology.
I propose a Burn, Fork and Double Peg of LUNA.
The burn is obviously to reduce supply. The idea of the double peg is to feed off the value of the Bitcoin reserve LFG proposed to loan off.
The second peg should be to the range of stable coins and/or any CBDC’s in existence which will allow LUNA to never drop below the pegged value.
All in all the peg will allow it to maintain a minimum threshold while allowing it to fluctuate based on the value of Bitcoin.
In my imagination this would immediately increase the value of LUNA.
That’s what I meditated on over the past two nights so I’m now sharing to the technicians to materialize this vision.
NB, i could only afford LUNA when it recently crashed and got in at that point. But, I desire to see it rise again because it’s like the banks of the 2008/09 recession “Too Big And Must Rise” to create stability in the mind of the general public who think crypto is a scam.
suspend all Luna trades on all exchanges, exchange 1:1000 tokens, burn all seized coins and thus reduce to 6.5 billion.
when the exchange rate returns more than $ 1 per Luna, announce a second repayment of 1:10, and thus reduce to 650 million coins
People will start trusting you to buy again and Luna will reach the previous goals again
@dokwon We know you are here and we will support this project if you do something. Please take action while binance is still listing. We’ve all suffered great losses, and the community doesn’t deserve it even though I’ve supported it from the outside. Kindly, find a way to collaborate with CZ.