Does this mean that Terra Labs know exactly how much UST you held before de-pegging, so you would get this pro-rata ?
Terraform Labs does’t exist anymore since MAY 6.
Get over it. its done. Sell your LUNA/UST and move on to another project. nothing will happen here exept a new scamcoin.
Well, Bloomberg seems to think it does:-
Terra
LUNA will go to zero soon, sell all your coins and save the transactions with a screenshot. To be able to prove in court! Terra
LUNA скоро уйдёт в ноль, продайте все свои монеты и сохраните транзакции скриншотом. Чтобы могли доказать в суде!
UST holders are in it for the near 20%apy staking. No money is free in this world, high yields comes with a risk, crypto comes with a risk.
First ask yourself, why do you need this stablecoin? Ethereum, Solana, Avax works incredibly well without one. So why is the need to throw billions to save a coin that when it goes back to $1 ppl would dump again. The dump will cost more Luna minted, then Luna will drop again. What is the point?
Why save Luna? Because ppl would hold for the upside. When it reaches $1, we will think of $10. Or we sell at $1 and buy again at $0.9. And we dont even need you to throw in reserve for huge burn. A small percentage from every transaction or a quarterly burn will do too. Small, slow but steady. Forking will not help.
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suspend all Luna trades on all exchanges, exchange 1:1000 tokens, burn all seized coins and thus reduce to 6.5 billion.
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Because it’s literally in the whitepaper. If you didn’t want UST to be part of the protocol, then it shouldn’t have been part of it. But it is.
This! 
利用交易将ust压制最低，然后分批收购ust，然后销毁到一定数量。最后将剩余的ust稳定到1usd。
The big bad boys took your money – BlackRock and Citadel. Lambo time for them, not you.
This is also a way to directly convert and burn without forking,
Although the big whale at the bottom will profit,
But this is also their risk,
or release ratio
More than 100 million holders burn 90%
70% above 10 million
50% above 5 million
combustion ratio such as
Yes it was all good until it is now proven that it does not work. Imagine it is your company, will you spend all trying to save a failed product, or you move on to something more profitable? Terra is not a non-profit organisation.
If it’s a company it’s a debt liability. You can’t just pretend it doesn’t exist because it’s now inconvenient. The company would be liquidated to pay its debt.
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You abandon the people who “bought the dip”, you abandon the people who saved LUNA from going to ZERO.
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This method seems to be good,
Or gradually adjust the ratio, and give priority to burning more than 100 million holders
They were just speculators who either didn’t know what were doing or looked for an easy 300x exploiting the dApps creator and who hodled Luna without selling!
Do you want to throw money on a dumpster fire? Well you may lose it!
You just have to fork now!
Do, have some balls. Admit that without UST whole nothing is possible. Don’t have UST and Luna fight with each other, not you, like you try. Luna holders are #1 interested to get UST paid and project revived. What you propose if fight UST-Luna, not productive. Do you indeed want new project to succeed? Then pay UST holders and renew project.
I lost 11k all my money, what can i do ? Will you fix this please? how can you help me? Im sad and depressed… please do something
I did not said they dont have the need to pay back, they have to comeout with a solution but repegging ust is not one of them. This algorithm things does not work.
- 400M (40%) to UST holders pro-rata at the time of the new network upgrade. UST holders need to be made whole as much as possible
needs changing to:-
- 400M (40%) to UST holders before the depegging, pro-rata at the time of the new network upgrade. UST holders need to be made whole as much as possible
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