1st your algorithm was base on Luna and UST mint and burn , there was no algorithmic space of Bitcoin in this hole system , by holding Bitcoin you make it a centralize stable coin
Accept your mistake and do not try to fumble the hole situation , 1st decide a better algorithm to main the UST depegging of 1 dollar
By holding BTC was wrong move, its just a advertisement tactic that disturb the hole system .
if u really wanna restrict your self with your ego and this plan , you really need to make a new algorithm that will not change in future
I put about $25,000 into anchor and moved my aUST over to the Binance chain via wormhole where I could deposit it as collateral on Planet Finance. The Edge aUST pool was always full and I could never get reasonable amounts in so that’s why I went cross-chain to put my aUST to work. Due to the collapse of UST my aUST has essentially be wiped out via liquidation…about $25,000 worth. This is a devastating loss for me. Please, please tell me there is hope here in recouping my lost funds…
Man, why are you not taking into account UST holder BEFORE the depeg. I hold my UST till 0.1$ and if i correctly understand i will not have any compensation ?
I hate this happened for everyone. Me and my friends lost a lot of money and we didnt start with that. However, we know how solid of a blockchain and ecostsytem exists here.
Its been a stressful week for everyone and we need some time to refocus. @dokwon I empathize the weight you bore this week. Your actions afterward have shown your true character.
I like your proposal but i do think it might need to be revised to accout for vultures picking up the loose coins at the last moment.
Hope all is good with you and your wife and you should be proud of the best L1 I’ve ever seen.
Just buy some Luna now when it is still cheap! That is the only way to recoup. It will go to astronomical levels, solving everyone’s problems and losses. You have to move forward, not look backward, the past is gone, and the only way to recoup losses is to invest in what you believe in, and fast! As they say, buy when there is blood on the streets. And what you buy is something you believe in. Unless I am mistaken, WE BELIEVE IN LUNA!
سلام دان ، هر کار میخوای بکنی یادت باشه آمارش رو دربیار هر کس به مقدار دلاری که هزینه کرده بهش برسه لااقل مثلا اونی که با صد دلار هزاران لونا خریده با اونی که با صد دلار دو عدد لونا خریده برابر باشند درستش همین است . می توانی یک کریپتو جدید بسازی و به هر کاربر به مقدار دلاری که لونا خریده بوده بدهی تا جبران شود . ما هنوز به قدرت تو ایمان داریم و هنوز بهت اعتماد داریم
For all we know! Exchanges may even take to the idea of having a voting veto… and it is possibly a way to help rebuild community support and project morale… so maybe we can try to pass this to @dokwon@dokwon.terra and others
I have a potential idea to help with the excess created coin. I couldn’t pop into discord since it’s does not allow new users.
But here is my proposal… the Terra Devs Create 20 #saveluna $luna specific 1 of a kind nfts. Price at 300million Luna each! These exclusive owners can live in history for helping remove the excess coins on the network. You have these nfts places on the terra.money website. The wallets that connect to these nfts creations instantly burn the Luna. Now the project has burnt the excess tokens and created a one of the kind item on the block chain and a reward that will last forever!!!
Are the devs paying attention that there are many new born LUNATICS who would be screwed over with this silly ridiculous plan of refunding losses thats never been heard of in crypto. Its fine if you refund what was stolen but what is sold is sold fair and square irrespective of the circumstances. Telegram group has crossed 100k members from a mere 70k members that it was a few days back. If you’re looking for community, community is not the problem. New people will always replace old people. Focus on fixing UST peg and burn excess LUNA. Eventually the price will rise. Also adding a utility to LUNA will help too
Please help me, my family is about to fall apart, all my investment has been trash. I have 2 kids and I don’t know what to do. I’m thinking of killing myself, I’m ashamed of myself. I want my $3,000 back, which I received at a cost of only 0.30 during the downturn. Maybe a small amount of money for some, but life is difficult in Turkey, people have a hard time making a living. Binance CEO CZ offered to help, can’t you talk to him and cancel the transactions of the people who are currently in loss and repay the victims with the funds you have? Please help I don’t know what to do. If anyone among you wants to save a family from destruction, please help. My usdt address on TRC 20 network is TBfxzQ1iMpcwHba9JxTVm4HinBiA5QXtNQ
Exactly! I was always fascinated by Terra Luna, but I could only afford 9 lunas before the crash. Now I have a tiny bit more, and I am f’ing Terraddicted! I LOOOOOOVE Terra, @dokwon, and his team and believe in them more than ever before.
They will get us out of this crisis, and now that the whole world knows about Luna and the price continues rising, we will witness a new golden age for Terra! As they say, what doesn’t kill you… makes you stronger! And as said above, the only way to recoup losses is to buy Lunas now when it is low!
too many ppl support luna and luna so strong also alot way for revive why wont save it , just reduce supply all will be fine , buy back and burn or let transaction fees burn or find vc join burn , easy way we dont go just find hard way
It has a very good money generator blockchain model and a very good proposal, as you already have the public should do as one of them is from Solana’s network is called NIRVANA
If anyone among you wants to save a family from destruction, please help. My usdt address on TRC 20 network is TBfxzQ1iMpcwHba9JxTVm4HinBiA5QXtNQ