enable IBC, cowards
EVERYONE knows that the most SIMPLEST solution is BUY AND BURN.
So what does this tell us? This tells us, that if they do NOT DO THIS it is because they are only interested in their OWN GREED. At which point you should QUESTION yourself as to why would you even want to be in a SELFISH GREED PROJECT?
This is their chance to PROVE they aren’t the type of people everyone THINKS THEY ARE.
trillions Lunas purchased on binance for just 15-20 millions on bottom. Price is rising. Why don’t just burn some trillions. U have btc - sell it and start burning Luna and UST.
All who sold their UST lower than < 1$ shouldnt be rewarded as they also speculated like who sell Luna for 100,60,30 and even 5.
New buyers are more legit than old holders who just HOLD for selling or getting profit. New buyers are new owners. It’s market rules
This plan is not good at all, we buyed when it was around 1$ and we will be in 10% distribution category and we are also in huge loss, this plan distribution will still make us in loss.
Extra Supply should be burned in future as ust and luna gets little stable.
Now terra ecosystem need some help from outside.
Acutally it is a rocket science, even if @dokwon owns all the BTC in circulation, he won’t be able to push the price of LUNA to 1$, he is not that rich and he won’t be able to burn users’ holding without a hard-fork and even if he hard-forked, it will crash too because everyone will sell due to loss of trust, we can talk forever but it won’t change the fact that LUNA is dead!
Take a moment and let that sink, I advise the community to take anything better than nothing before it’s too late and stop being divided!
Screw them I guess. Better to reward those fleeing the ecosystem tat caused the crash rather than the ones that stayed or tried to buy more. As well as new blood. That’s the sentiment Im getting from these salty mfs. anyway. They do this, the people are old blood just gonna flee in droves again causing another crash, and there will be considerably less new blood considering how they screwed them the first time. They need to just buy as much as they can, burn as much as they can, change the burn rate to 10x prior, and the extra tokens will dissapear in due time in a nice natural way, instead of artificially creating value and risking another crash.
Hey Dokwon, **Terra community is built from $B investors all day to individuals that hold one token, and each one of them bleeds and lost EQUALLY the same %. Some sold to cut the losses, and bought back at a lower price hoping to recover their losses, others bought the deep like any normal community member that believed that Terra is here to stay and price will bounced back, and probably maybe even a few true angels that enjoyed from better days, donate some funds based on pure Ideology to support save other people from losses. At the end, each one of those players have been there for Terra!!! each one of them and as one big community worked together to keep the light on while they bleeding as they do so.
So now when the trust is on balance, there is no room to leave ANYONE behind, regardless to the amount of losing, size of investors, or the reasons why each one of them bought their tokens and when. first, because it’s not the right thing to do to other people in general and certainly not to Terra’s community that right now needs more than everything to regain trust in the project decisions, and second, it will anyway not be going to hold discrimination claims in court when many class action law sue will filed.
Everyone is EQUAL!!! it doesn’t matter if they hold UST or LUNA, if it been hold of-chain or on-chain, with Terra network or other networks, if it was staking or liquid on a self-custodial wallet or on some CEX wallet, they are ALL EQUAL!!!
And if the final decision will be to re-launch UST, or re-lunch LUNA, it’s fine. and if the decision will be to set a $10, or $1, $0.1, or any baseline price for LUNA v2, it’s also fine. AS LONG that this baseline price and the ability to convert v1 to v2 will be open in a fair way for EVERYONE!
And if the decision will include special rules, like a staking period when converting v1 to v2, to prevent dumpers from hurting the v2 price, it’s fine as well, as long that those rules will apply to EVERYONE including the team and funders equally. even voting to reverse all transactions from any specific date can be welcome, as long that no one playing God, and cherry-picking what to accept and what not.
NO ONE will get better terms over others. we are ALL on the same boat, now it’s up to us if you want that boat to survive or die due to the wrong decisions**
If you assume that Luna is dead and publishing luna2 everything is forgotten ,you are wrong,a lot of money affected to be forgotten…if the team doesn’t take good decisions,they will have many problems
As much as i hate to spread the negative words, as i certainly do not wish for luna to drop further after your forking proposal is confirmed, forking is bad. I remember how XEM was fork into XYM. And XYM is completely dead. Not even listed in binance. Such a great project, please do not ruin it with bad decision.
We know that it is business owners last resort to fork out reserve money, worse still, it’s as compensation. We do not require you to do it in one time, you can burn luna in batches. However small the burn amount, the increasing marketcap shows people still have faith. Rescue plan does not have to be immediate.
Many layer 1 blockchain did great without a stablecoin. Ust holder can be compensated in luna by batches.
Just like that. New buyers are new owners. They shoudn’t be treated differently than ath bueyrs!
If we do the folk, we kill luna and, the reputation of the whole protect… Finaly we are humans and humans remaind
Hi, fork is bad idea. Need replan.if not team will get sue from both before and after fork parties. Stay focus to solve current chain.
1st. all minted alt token include ust burn mint luna(with fixed rate)
2nd. Ppl who still wan be a active validator buy coin at market to maintain validator right. (New validator will show up)
3rd. Consolidate luna 1000:1(price up after consolidation)
4th. Team and validator or new interested investor together firm up the market price
5th. After luna price stable. Reconsider new algorithms for whole luna ecosystem by new firm up luna communities
It need a softer way to land.if not whole plane will turn into many pieces.
We need White warrior,not black warrior.
Hi,
Please, listen !
I think the problem you have is a control/command problem. Not an informatic problem.
It’s theory on how to follow a signal and reject all perturbations.
I think it’s the problem you have
You need help of control/command engineers to solve this and obtain a robust system.
I hope this can help.
Best regards
I prefer this proposal
These ppl don’t care about “reputation” nor names, LUNA came from nothing and will go into nothing, they care about money and they got that already!
I know even after whatever everyone says here you will gonna stick to your proposal and decision only @dokwon like how you handled everything till now with your blind eye. You let LUNA to devalue and let it mint unlimited supply. Could have warned people or stop the trading or supply. But you stayed quiet. Even knowing your plan will fail and even through you had the ability to stop minting like how it is now. Made people lose their money and so on and now you will just go with fork and won’t gonna listen to anyone says here about burning
Reputation is very important, if you fail… people will remind
Dokwon **Terra community is built from $B investors all day to individuals that hold one token, and each one of them bleeds and lost EQUALLY the same %. Some sold to cut the losses, and bought back at a lower price hoping to recover their losses, others bought the deep like any normal community member that believed that Terra is here to stay and price will bounced back, and probably maybe even a few true angels that enjoyed from better days, donate some funds based on pure Ideology to support save other people from losses. At the end, each one of those players have been there for Terra!!! each one of them and as one big community worked together to keep the light on while they bleeding as they do so.
So now when the trust is on balance, there is no room to leave ANYONE behind, regardless to the amount of losing, size of investors, or the reasons why each one of them bought their tokens and when. first, because it’s not the right thing to do to other people in general and certainly not to Terra’s community that right now needs more than everything to regain trust in the project decisions, and second, it will anyway not be going to hold discrimination claims in court when many class action law sue will filed.
Everyone is EQUAL!!! it doesn’t matter if they hold UST or LUNA, if it been hold of-chain or on-chain, with Terra network or other networks, if it was staking or liquid on a self-custodial wallet or on some CEX wallet, they are ALL EQUAL!!!
And if the final decision will be to re-launch UST, or re-lunch LUNA, it’s fine. and if the decision will be to set a $10, or $1, $0.1, or any baseline price for LUNA v2, it’s also fine. AS LONG that this baseline price and the ability to convert v1 to v2 will be open in a fair way for EVERYONE!
And if the decision will include special rules, like a staking period when converting v1 to v2, to prevent dumpers from hurting the v2 price, it’s fine as well, as long that those rules will apply to EVERYONE including the team and funders equally. even voting to reverse all transactions from any specific date can be welcome, as long that no one playing God, and cherry-picking what to accept and what not.
NO ONE will get better terms over others. we are ALL on the same boat, now it’s up to us if you want that boat to survive or die due to the wrong decisions**
Just buy back and burn!
What happens to the people who had bought luna at 20 euros and 10+ and sold them after binance announced the delist of luna? Were somehow forced to sell them. 8K euros worth of luna on 30 euros and 10+ for something like 20 euros.