Terra Ecosystem Revival Plan

In my opinion, you should first return UST to $ 1. This is the main task to restore the reputation. Then decide with LUNA, I think UST holders are more valuable, because it’s stablecoin and returning it to $ 1 will give the project a second chance

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Brother, allot of people will be proud of you if you could just fix this and burn luna tokens. Luna needs to get up before everybody’s trust will come back.

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Absolutely AMEN!!!

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You need to reduce the supply by burning daily. Urgent

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I’m giving luna ust lp at osmosis ~ finally watching it go to 0 ~ how about that? ? ? ? ?

Is there anyway to take into consideration those of us part of the NFT ecosystem? Getting 10% of the value on legitimate listings that were sold during the buying frenzy would really cut some of us short.

I know you can’t please everybody here and at this point we will be happy for any type of recovery. NFTs have been a store value for Luna, comprising the vast majority of some of our portfolios.

Those who sold Luna during the frenzy will be restored much better than those of us who lost NFTs in the process.

We need to follow Fatman proposal and make UST holders whole.People put they’re savings on UST ,Luna was an investment.The peg was promised to be defended however Luna price was never apart of the promise!

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Totally agree with this. I held as long as I could and ended up selling at less than half value. Didn’t sell or move a single Luna. Snapshot should be before peg lost. Reward long term Luna holders

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Ur terra should go off the earth for All the Market can alive please. Stop try to scam the chicken.
Never Try to reborn any should be die. That is unnature!!! U r not doctor Strange. @dokwon Do Kwon Scam is all multivers

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Agree 100% if you are going to reward pre depeg then it should be swapped 10% to previous and 40% to current or something like that

Hi @dokwon , many people have deposited UST Wormhole in binance and lost everything. I hope you will coordinate with binance to support us. Thanks

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I believe time is definitely of the essence so I think this proposals should stay simple. Perhaps the first governance for use of community pool funds could be to fund a team to work with exchanges and bridges to make cross-chain users whole. I’m sure it wouldn’t be too costly.

Do Kwon, the luna price needs te get up significantly before any trust will come back. Do something about it. The community loves luna / wluna :exclamation:

Just remove the minted trillions of coins and keep only like 1 billion coins! This gonna hurt more people and this will give a bad rep for this ecosystem!

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Interesting, so this is how we get the peg back or even above the peg without burning anything? Via people rushing to buy rn for airdrops ?

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Void objection from you. You didn’t understand the mechanism then. Pointing the finger at other people whenever they were actively deploying capital whilst you ran. If enough people had sat tight rather than counteracting defensive efforts by exiting off the backs of their capital peg would have stabilised and repegged. I didn’t say they shouldn’t be included. But they clearly didn’t believe in the mechanism, they ran away. GIVING THEM A HIGHER PROPORTION TO DUMP AT L1 LAUNCH IS IRRATIONAL compared to peg defenders who are still holding their bags and extras from trying to defend it. New L1 chains don’t need paper hands.

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WORK WITH ALL EXCHANGES AND FUNDS TO RESTORE PEG TO UST! AND BURN THE MINTED LUNA!
thats it

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Please don’t forget to include collateralized bluna in anchor protocol. We lost it all. Also apart from staking positions, my luna was in unstaking started before May. I think it should also be included. Also in pylon protocol I had UST for a long time. What will happen to those?

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I understand you want to compensate “loyal” holders but while they were doing nothing hoping things would get better, people picked up their balls and bought dips, doing what they could to buy LUNA and UST off exchanges. They are the ones that took the real risks, it’s unfair that they get much less than people that were litterally doing nothing.
And this is not gonna be popular but people have been warning about this for a LONG time. Your so called loyal holders preferred to label it as stupid FUD and looked the other way while holding their LUNA and praying. If they were really interested in making Terra a robust ecosystem, they would have confronted you with these problems that you refused to take into account.
I’m not saying this to attack you (or them) but just to make a point that people who were fighting on CEXs deserve more than just 10%.
You really want most of the supply to go in the hands that refused to hear out that there were dangerous flaws? I mean I just can’t see how these type of people could handle the future of Terra.

Also by not rewarding more people taking risks, you’re basically saying to any potential Terra investor that if things were to go south one day, you wouldn’t reward them if they tried to protect themselves from an inevitable disaster.
Who in their right mind would want to take on that sort of risk? @dokwon

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There are 2 snapshots, before the attack and now, wallets on which UST was not moved - 35%. All others who now have UST and are not included in the previous list - 5%