What happens to liquidity providers? I had a substantial amount of Luna on Sifchain Rowan/Luna and Osmosis Atom/Luna. Are we just going to be left behind?
2 Likes
100% agree - and I held both Luna and UST.
Let’s propose this to governance!
everyone flag this fake account please.
1 Like
I completely agree
This statement is far away to be a Terra Ecosystem Revival Plan
1 Like
Mr Do, you are a great man and am sure you mean well. Please consider @FatMan proposal as it the most appropriate and heart felt solution for small UST holders like me who now have lost all my life savings and possibly not have a place to live by end o month. So please connect with him and compensate us quickly dear sir!!
3 Likes
Thank you
1 Like
Its not fair !
Because alot new holder at $1 and before chain halted. They r still holding until now !
You just need take snapshot chain on 11 may.
Why don’t you consider burning the minted coin? The new coin will bring new damage, kill this place, and escaping to the new coin will damage trust.
I had Luna prior to the depegging.
Yes, it’s fair to distribute to all UST holders at the time of the new network upgrade. All UST holders should be treated fairly both old and new. Thank you!
I also appreciate giving to the Luna holders at the final moment of the chain halt, this will make all investors happy not just those holding at the time of the depegging. Thank you to the Terra Community for understanding that it takes more than the previous holders to sustain a successful community.
This is so wrong that people who sold out, gave up on the coin benefit but people like me who bought off them to hold the lines suffer and because i bought the bulk of my coins 9 hours after the halt im penalised, us buyers walked into the fire with no protection to help save this coin from burning into oblivion, but all you car about is rewarding those who gave up and sold.
This really wasnt thought through was it.
Also i bought some pre chain halt on FTX and my coins stayed there i hope you will make sure that these coins are atleast covered with them being in an exchange still.
4 Likes
You must buy back the excess tokens and burn them, which will stabilize LUNA
5 Likes
Based on the market caps of UST and Luna prior to the depegging (approx $20bn versus $40bn) why are UST holders getting twice the payout of original Luna holders. Even worse - based on current UST price (0.1c) - they get 20x the payout.
1 Like
Personally I think the solution is to make everyone Reverse swap LUNA->UST… Give no one left holding LUNA anything (It’s worthless now anyway) and split the network based on the UST holder… Bonus is, it might actually repeg UST as it should…
The whole concept of the coin was that UST was to have NO upside OR downside… But LUNA was ALWAYS supposed to die if UST lost peg and had to be minted into oblivion (as it has)… it’s actually working EXACTLY as intended…
And to those calling for UST for only PRE-Snapshot to count… The people who bought UST at a discount are SUPPLYING liquidity to those afraid it won’t repeg, taking away that takes ALL of that investment they made and GIVES IT BACK to the old holders of UST who SOLD… This is a Chain, you need to be realistic and KNOW that a LOT of money has been lost SINCE the halt too…
3 Likes
UST is debt at this point. Debt that you freely and smartly chose to sell at a discount. There isn’t enough money to make everyone whole.
UST holders that havent sold are down 100 percent currently. And the airdrop probably be worth 0.02 cents on the dollar. You made out nearly 20-25 folds better I’d say. Thats what i meant by paid out twice not that you were made whole.
I don’t think anyone is going to be 100 percent paid out. I lost nearly everything I have. Glad you got out with at least something.
2 Likes
Thank you for taking care and good luck! 
1 Like
To Do Kwon, it takes great strength to rebuild, I admire you and I know you will be successful!
1 Like
I have the same question
Keep up the hard work and think “Apple”/“Starbucks” recovery/turnaround!
2 Likes
Wouldnt work because there be no UST in the future. And even if UST repegs today no one would want to use it. They dump it and you lose it again.
1 Like