Terra Ecosystem Revival Plan

Yes.

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This is how terra team is looking at our community proposals… They clearly are not. If they did they would react. They f… don’t care ;/

this solutuion proposed here has been largely rejected in the court of popular opinion. My guess is he does not like that, he wants this hardfork to absolve him of responsibility in fixing this mess he created

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Ok, now what we have discussed for so long, in fact, many of us do not have strong logical thinking, and the things we need to deal with cryptocurrency are far from being as simple as we imagined, we just need to submit professional things. Let the professionals do it, but we can make suggestions and grievances, at least we’re all expressing ourselves now

The thing is 6 validators said yes. Smart Stake also said in my thread that its a good direction and will share it with other validators. But this… ;/

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smartstake said yes to a hardfork? knowing that it is just putting lipstick on a pig and will fix nothing, it will infact be the very thing that ends luna?

No & no. We will burn

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NOT to the hard fork. To this. They said its a good direction but didn’t said yet yes in the proposal. They even responded in the thread and on twitter.

Here:

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I have bought Luna at all prices at $20, at $80, and in the fall. I was even liquidated several thousand.
Who has profited from the billions of Luna created at market price?
You will not be able to compensate the thousands of liquidations for trusting your project. You must burn Lunas, and start all over again.

maybe they are gaming it out and seeing if it will infact work, the burn is a great idea, and from where i sit the only way forward, especially given a hardfork will land all company executives in jail

Any answers on this one ?

Thats what they said. The exact numbers and the rest must be really thought out to don’t destroy anything. But they are okay with the general direction of this Burn and Remedy fee proposal. Now @terra admins locked the thread…

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yeah of course they did, it is way too popular and they want daddy kwons idea because it benefits them disproportionately to your idea

Probably, how can a community and project survive like this I don’t know ;/

I just don’t understand why they aren’t transparent and communicating their plan clearer as some of us new token holders are trying to rescue the token and will be railroaded.

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Two things that will solve this issue.

  1. Repeg UST to 1 dollar with a burn rate applied to token sales.
  2. Burn most of the Luna tokens outstanding.
  3. Figure out a way to fix the original issue which is causing UST to dump and printing this much Luna

because they just don’t want? because DIDNTKWON stole all the bitcoins and chilling on yaht? because terra absolutely doesn’t care about their community and care only about money they got?

I don’t believe that! I think they are very slow at communicating what they want to do, and they have a very bad leadership structure to the point where even CZ pointed that out.

Creating a v2 will not encourage new investors actually the opposite. They will reimburse old investors and most will sell since not too many would want to trade v2. Also I doubt big exchanges like Binance wouldn’t want to touch v2 since CZ completely disagrees with that proposal. So if you have a community that no longer trusts you and no major exchanges willing to let you trade your product what’s the point of a v2? They are better off trying to salvage Luna with burning, people like seeing a good comeback.

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