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Problem solving!!! More hearts for Kwon to see !!! Announce that the new coin will be distributed among all UST holders and tomorrow will be 1 dollar … turn on the adjustment mechanism for burning LUNA its rate will rise to heaven which will provoke a very rapid recovery of everything !!! You can fight the problem of panic only with PAMP !!!
before de-peg event, I also provided LUNA-stLUNA on Astroport then during the de-peg event I swapped all LP to bLUNA in order to avoid the liquidation on Anchor, but finally, all gone by liquidation anyway. Will I be in the 40% or get any compensation on this new plan??? Pls enlight me
That’s impossible, they need to burn about 99.96% of the supply to get back to old curculating supply. It just can’t happen because this supply isn’t free floating in a dex lp, it’s in the hands of people that bought millions/billions of luna for a couple dozen $.
mmm, peg…
In fact, we should pay more attention to the majority of people who have been hurt because of this incident, rather than the few who have profited. I propose a plan on how to keep everyone’s principal.
We first divide the people who have been hurt by this incident into the following categories:
Category 1: Holders who have been holding Luna and UST since they were attacked until now
The second type: Sell UST or Luna in the middle of the attack, and then re-invest in UST or Luna. Some people may sell UST to invest in Luna, or sell Luna to invest in UST
The third category: speculators, because Luna and UST plummeted, some people bought Luna and UST in the middle of the attack, and still hold Luna and UST until now
First of all, we must have a stable UST, fully mortgage UST, and ensure sufficient liquidity in UST. Since the value of Luna has been severely diluted in this event, it is necessary to issue a new token Luna V2 and set a new issuance price, and then set UST and New relationship between Luna V2.
We restore the account data of the first group of people according to the snapshot before the attack, and return the same value of UST or Luna V2. The second group of people is very complicated and has the most, and can be divided into reinvestment across the entire position and sale of retained assets Yes, the reinvestment of all positions can be handled according to the plan of the first group of people. Those who have retained the assets need to compensate for the loss of the assets, and return the same value of UST or Luna v2. The third group of people can be based on the value of the lost assets. Fall back to UST or Luna V2 of equal value
Regarding those who profited, we also need to properly deal with them. According to the price they spend, airdrop UST or Luna V2 of the same value. I understand the feelings of many victims. I also lost a lot of money. The most important thing for victims is Whether or not you can get your principal back and whether you make money is not important anymore, so you should think about keeping your principal.
I know this solution is not perfect, because the transaction information about each holder may exist in major exchanges, and the amount of data is huge, it is very difficult to filter this information, but we can let everyone actively submit relevant transaction information It is recorded that UST or Luna v2 can only be issued after verification. The issuance will cause a lot of selling in the short term, and it is a test for Terra’s network. Therefore, I suggest that you can roll back part of UST and Luna V2 every day.
It will be better to adopt a linear release method and complete all within three months. I hope the community can recognize my plan, thanks
That’s a terrible idea, you are at the mercy of them not restarting the pegging mechanism, and if they do price will dump 99% in a couple hours. I put in 1k at 5.5usd buying about 180 luna and then i bought another 800 luna at 2-3cents for like 40usd. I pitty both purchases and I won’t see that money ever again, dca is horrible in an unlimited supply coin that’s has been up till now so horribly mismanaged.
No new coin, no nothing, folks; Luna is pumping (and burning massively simultaneously), and if you believed in this and bought low, you will recoup all your losses! This is crypto; it’s a rollercoaster! And as long as the system is fixed, we will all win in the end. The ones that will lose are those that sold too early and panicked; the market is unforgiving to them.
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Hi, I think your proposal is the one that makes the most sense. Small holders need to be made Whole again asap, as they’re the ones in the worst distress. This is a crucial matter and they should act quickly. As you’ve shown in your proposal it is doable quickly and not that costly… It’s practically a matter of life and death for many and yes, sadly, some died… So not only this fast response would alleviate the distress of 80% of UST holders but it would show the human side of the project, a quality that will be talked about for long and act as a symbol in the whole crypto space. It will, in the end get the attention of a lot of people and potential investors “the machine cares, type of a thing…” which would be hugely powerful for the new iteration. And yes, it should be 1.1 ust/usd not new Luna, or perhaps 90% usd, 10% new coin so that people stay connected to the project at the start and can decide. One thing is certain, a quick move to alleviate the pain and ongoing distress that many feel would see holders remaining interested because they’d feel cared for and be thankfull for that. It is urgent to end this nightmare and dissapate the dark clouds hovering to move on on a sane basis. Thank you for your proposal, I truly hope it will be chosen, it has to!!!
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Hi, anyone can enlighten me? I farmed LunaUST in TerraSwap throughout the crash. They even closed when halting the chain. Now I wonder, will I be part of the 40% ofluna holders? Do I need to take the liq. out for that? I dont know what the snapshot will count.
Bad plan, there is only one real solution, man up and burn the % of excess supply you have created.
small wallets first… small wallets = most of people = ecosystem can be rebuilt, no other way
Is there a plan to reimburse the investment losses and create trust back.
Sorry but for me it is not correct, at least as far as Luna is concerned.
You want to penalize those who held and those who bought after the collapse of Luna and instead favor those who did not believe in you and sold off their reserves.
You should thank everyone who is continuing to buy because they are the ones who are believing in your project.
In any case, please review your plan.
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8 Steps to Save Luna now - Economic Refactoring Proposal from industry professionals
This is a better plan for Terra Ecosystem
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Good that you have extra stablecoins. My UST in Anchor was all cash I have, meant to be the saving for rainy days, when it came down, I wasnot able to buy more. If the team had defended the depeg, you didn’t have to buy at lower price, and I didn’t have to bear such big loss.
Let’s look at reality. On binance, the price of luna increases, the price of ust is also increasing. save luna first then ust will be saved
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