There are lost of people like you and me, you are not alone. So stay strong.
Hi,
I’m a developper and engineer from France.
Listen please
I think problem was a control/command problem. Not informatic or financial problem.
Your process wasn’t enough robust to perturbation.
The curves on UST show the actual process is sub-optimal. I think you have to burn LUNA proportionnally to perturbation. The process is too slow for strong perturbations.
You have to ask to control/command engineers and use this theory to obtain a robust system.
Please, explore this way
Best regards.
Getting tired of all the people saying they can’t eat or provide shelter because they lost money in crypto. Time for you all to get second jobs rebuild your savings and not reinvest into crypto. Once you have covered your basic necessities and have money to spare, re-enter the casino if you can afford to lose it.
burn luna the dip buyers will be rewarded and that’s the right thing to do. they took the risk to support the token where the rats panicked and fled causing the collapse. like if u agree! @dokwon
This is a horrible idea. This will destroy the brand. A buyback and burn strategy is best for the recovery of the network.
Isn’t it unfair to New LUNA holders? While i understand that many have lost fortune but isn’t it important to note that the new ones tried to hold the castle when many ran away looking at the fall? Why shouldn’t the New Luna holders get their fair share when they invested knowing the huge risk they were taking?? Irrespective of expected rewards everyone knew risk was huge but still they bought it keeping it alive.
Rather than giving up on the coin, i sincerely believe we should still try to revive it and rather use the funds at disposal to buy and burn excess liquidity in the market. It may not be sufficient but it’s a start to save a beautiful family created.
And yes, we still have faith in the currency and the team, we still believe we can make a comeback in the same old coin and show to the world we aren’t weak. Give a shoutout for burning, there are many who will happily contribute whatever they can, just have faith in the family and start a revival plan rather than running away!
Everyone unite, I think most of the current luna holders are 0. Only those who bought at the bottom got the profit. The distribution is good for the holders.
Hi, Do. Thanks for everything that you and LFG, and TFL have done. There is no doubt that you guys have contributed 100% to the chain and made it so great.
I would like to suggest something to try to recover the network.
Take a snapshot before the de-pegging event, for example, on 6 May.
We reset the network starting from that point. Everyone’s new token is vested over a certain period. No listing on CEXs, or DEXs until that specific period.
Whoever has sent their coin onto exchanges after the snapshot will not be counted. In this way, the sellers of UST/LUNA will not be counted. Whoever bought them on exchanges will be compensated via their respective exchange somehow, shape or form. I think we should prioritise those who use the network, stake, transact or even anything that supports the chain
Yes a great idea. This is called theft and should result in jail time. Just steal other peoples money whilst feeling good about it.
I have carefully read your proposals to save the project. But you don’t think about people who made deals, for example, on May 10. I had no idea that the project would fall at 0 of this level, I bought a Luna token for $12 at the rate of $36.82, of course, in the hope that there would be a rebound, as the whole market fell at the moment. Now I have $250 left in Luna tokens at the rate of 0.003. I didn’t lose heart, though it was all my savings(((
can someone explain me how they could buy back a significant amount at the current price with nothing ?
even if, it would be a drop on the glowing steel.
I say migrate into new v2, with everyone getting % coins of what they hold now and not pre-crash.
1 billion supply, and things will be valuable again.
so we start over new without paying a buyback.
and forget about those crying people which were cocky and then left the ship because crash. its somehow understandable that they saved their money but why do they cry now.
Crisis, danger is also an opportunity, your decision is very important, you must think twice, please continue to use the old currency, coupled with the repurchase and destruction mechanism, 6.9 trillion consensus will make LUNA surpass eth to become the first public chain, currency circle everyone has LUNA, you will be honored, if forked, the new currency will disappear.
I hope people should realize a lot of supporters tried to help UST’s peg after the depeg happened.
buyback and burn is the right strategy and thing to do. this would reward people who trusted the system, took action and the risk to support the token. this would win back the trust of the people. the people have spoken and have requested for token burn. don’t reward the rats that fled causing the collapse. please do the right thing @dokwon. like if u agree!
LunaV2 any CEX will trust and listed this coin?
For now, CZ not favorable with this method.
Everyone that agrees with Binance - CZ proposal is giving profit to large whales, istituitonal investors and low-price Luna speculators while going against long time holders who didn’t sell including dApps builders…
The same CZ that tweeted that he didn’t know much about Terra/Luna and wants to centralise everything ok Binance smh
because he is smart enough to see how bad an idea it is. Why would the new token have any value if the current coins dont?
Everyone had a chance to DCA, don’t blame some people for doing it while you fled
yes cz is right. agree to cz proposal.
i dont care about “old longtime holders”