You can use your brain to know how the market acts.
Terra can fund or not burning. Funding would be really nice because it would make faster. They have untouched lune which can burn for free. They can apply tax to every single transaction like 0.5% then use to burn. You will burn millions easy.
Also, you can continue develop and find ways to make people stack and buy, market will push as people know Terra want to solve, just look volume traded every day.
I understand you, you want your money right now but that’s wont help everyone and terra ecosystem. They SHOULD TRY to find ways to solve this situation instead leave everyone back
Hello, I have some suggestions. have users deposit usts on the anchor. make sure the invested usts are burned with certain periods and in exchange for 1 ust: give 1 usdc or equivalent btc. Trading ust in exchanges harms ust. As much as possible, the top should be attracted to the terra network and action should be taken here. increase transaction fees and get some fee. (0.5 deposit can be taken for anchora deposits.) Remove 18% apy immediately 3-5% apy may be good for incentive. Finally, trade the tops currently deposited on anchor if the luna foundation has btc for them. Doing this will not only burn the head, but also increase people’s faith. I can’t say anything about Luna. I don’t feel like I’m being fair about luna. But things are very complicated for Luna. I think the top peg attachment is important for the continuation of the network. If all goes well and the peg holds up, the Luna owners who have lost losses can be paid monthly based on historical snapshots. I believe that for this, it is necessary for the ecosystem to stand up and maintain its functional function.
Personally speaking from the heart. You had an idea, this turned into a dream and you achieved it. Not all outcomes are de best, not all the dreams will flow without rocks in the way. Everyone knows the risk and all the community always got your back no matter what. The next step you should make is, not looking into all others responsibility but figure out what went wrong with your “dream” and how can we pass through the rock/problem, not fight it or give up. If your stable coin and defi machnism can be fixed, then fix it and continue your dream, your achievements. There will always be people who will lose and win, that’s life not your goal or the problem here. It’s only your life goals in stake.
Are you willing to give up on this dream and put all hard work and tears underground or are you prepared to be the first one rising from the ashes and prove to your self that YOU can achieve your goal, your dream ? Fight for you, the ones who believe will follow you, the others will get on with their life. Respect yourself. And pull it together.
Luna it’s your baby, not the others. Protect it!
Disclosure: I’m a Bitcoiner. So, I may sell a small amount of LUNA at only 1,000,000x or 10,000,000x gains—to replace the BTC that I lost in liquidation caused by the Terra-triggered market crash, plus some bonus BTC for my trouble. Maybe. That would give me a sense of abstract justice, as a Bitcoiner.
“Small” to me means 1k or 10k or 100k LUNA—something like that. But make no mistake: I am not dumping! I would sell the least necessary to get my BTC, for I love every little LUNA.
At the bottom, I spent hours gathering up tiny chunks of poor, unwanted LUNAs out of DEX LPs in a dysfunctional, terrifically volatile market. I took those LUNAs away from bots that were competing to scalp each other on swings of a few microdollars—huge percentage swings, at that point, but not a very profitable play when a $10 order could temporarily move the market. I gave those little LUNAs a home where they are cherished.
I will not sell my LUNA principal cheaply. Not even 1 LUNA. Not even 0.000001 LUNA. Lunacy? An investment professional would urge me to get out now, while I can immediately take high % profits with no risk of getting rugged.
The “smart-money” bet here is that @dokwon will issue a centralized fiat under the flimsy rubric of a “governance vote”, and rewrite his blockchain to steal my money after I believed in him, I defended his reputation, I threw my last dollar into his dying project on the way down—and then, I borrowed money to invest more at the bottom. “Smart money” will tell me to take what I can get, and run like hell. Run away!
But, no. I will stay. I will take a risk on @dokwon doing right by the investors who stepped up when Terra most needed it—when every dollar was stopping the LUNA price from falling to literally $0, and thus stopping the peg mechanism from shooting off literally to mint ∞ LUNA. Or more likely, that would probably have caused software crashes in multiple systems from divide-by-zero errors, numeric overflows, etc.
It is no exaggeration: My orders were pumping up the local markets in the microdollar price range. I made many such orders, between waits for arb bots to bring in more LUNA liquidity from other markets—thus rippling out the effect of my buys to those markets.
I think it’s likely that at the very bottom, a few determined buyers were propping it up above $0. I was one of them. And it was not merely luck—not a “lottery ticket”. It was my desire to see Terra succeed, my vision of what Terra could become, combined with my muttering to myself that “this is my CZ moment” in reference to when CZ famously sold his apartment to buy early BTC. When CZ got amazing riches from that, was it dumb luck? “Luck” is having the vision and the courage to seize a rare, extremely high-risk opportunity.
That means 1 LUNA = 1 LUNA. And on the basis of 1 LUNA = 1 LUNA, I will hold to >100,000,000x or zero in dollar terms.
If this is the plan that goes thru, Rest assured, if you do, congress will get involved and you will be prosecuted. They are just waiting to make an example of you as the reason Crypto is a scam.
Your ideas are rubbish. A burn is the only option. Otherwise, you will be prosecuted. If you think the US congress will look away is crazy. They need a scapegoat, and you are serving yourself on a platter.
A dinâmica é boa, mas neste estilo de demanda a Luna 2.0 ficará sem credibilidade e confiança vai para o buraco de cobra.
Porque não reviver a atual luna queimando suas moedas atuais de acordo com sua rentabilidade e estoque de demanda?
Quem nos garante que não será outra pirâmide?
how about make UST pairs like UST/LUNA, UST/ANC? so people can exchange UST to other LUNA ecosystem token then it they want total quit they can sell it for USDT or BUSD. This could be good exit point for UST holders
I would like to know, what happens, if for exemple, every single owner right now, based on time of purchase had to send is LUNA to a smart contract platform where maximum burnes 95% of a position.
Let’s see, one of the biggest problem is the amount of tokens minted, so if we hold capital as we reduce supply the price per token would win and everyone will be happy anyways. Lets see you hold before attack you burn 85%, first time halted you buy 90%, you bought the dip of the dip you burn 95%… staying with 15%, 10% or 5%. Doing something like this the price would increase without cash inflow more than 1000%. So although people loose a lot of tokens they retain their $ value amount. The ecosystem can breath and grow and develop. We start to build terra and things will follow a journey. Maybe too crazy and no sense. just sharing
Dude, your proposal will lead you straight to jail. You can’t just rewrite transactions history like you are doing to bail yourself out. That’s fraud and theft. Initial Luna holders were holding an overpriced coin and the moment the peg failed, it was exposed to the whole world that your protocol was a failure, hence your coin had no value. You were all holding a terrible investment and the current price reflects is true value. There should be no forking. You need to buy up the trillions of printed coins and burn them, fix the peg and fix your protocol. You got enough proposals here of how to do that. If you want to fork, you need to halt the blockchain and trading on exchanges … only then can you do a fork. And not redistributing the wealth in order to bail yourself out at the expense of “marginal” investors that you already robbed when your printed trillions of Luna.
Why do you suppose that someone with my self-evident intellect is suddenly spending his limited lifetime on some obscure Internet forum, day and night, much of it wasted arguing with blithering idiots? Have I nothing better to do with my time?
The LUNA in my wallet is quite an incentive to drop all else, and focus on this. And I wanted to tell people what I paid for it: Not only the good money that I spent when everyone said it was worthless, but the effort, the risk, and the insight to catch it at that moment.
When all of the jealous types who now want to steal my LUNAs were laughing at LUNA, or simply gawking as onlookers at a train-wreck, I was struggling for hours, moment by moment, fighting the swing-scalping bots to get every precious LUNA I could.
I was really doing a robot’s work, and I knew it. I probably could have gotten twice or tenfold as much LUNA for the same dollars, if I had a buyer-bot designed for exactly those market conditions. But there was no time to write code for that. No time to think. I just kept borrowing more dollars, then buying more LUNAs, in a cycle that lasted until the LUNA price had recovered to more than 10x above my bottom buys. I set that as my ceiling price, and stopped when LUNA stabilized above that. A few days before, I had paid >$8/LUNA; and after having hit almost every order-of-magnitude price point on the way down to microdollars, I was not in the mood to buy any more LUNA at more than 10x the bottom.
luna has no responsibility for her fall
Why?
my point of view!
$LUNA back for more success
very stupid world investing money why the price of terra was broken, by the inflation of its number of coins
logically, it is necessary to break the price with a free fall at the top of the pyramid towards zero, otherwise all crypto platforms will declare bankruptcy following a sudden increase in price due to the small number of coins available…
$LUNA to the moon
my wallet
terra14l46jrdgdhaw4cejukx50ndp0hss95ekt2kfmw
1906160012
Pour l’eclairssisdement introuvable
won’t be fair who brought 1.000.000 Luna for 60 usd They would end up still 50.000 Luna! It’s ridiculous. Best way is refund the tokens who brought for to support and still holding as much as they paid to exchanges. Than burn those therefore Tokens burn more fairly and supply limit will reduce with min cost.