Terra Ecosystem Revival Plan

What?
How?

I also had Luna as did my girlfriend as did 2 of my clients, I referred to it so ugh!, Mr. Do Kwon needs to do some magic shit and every bodies ass needs to be covered ey?

The 100+ projects and all holders on the terra ecosystem have suffered greatly from this incident, but because of this, I am optimistic about the recovery plan, which will of course require thorough planning and execution

1 Like

sir please help me i m in a heavy loss because of this . my family will not be able to survive i have lost around 800$

Hi,
I bought about 2,5 in 11 May, Will i have some new coins ? :frowning:

There is 2 different discussion must be done!

1: How about holders before the attack
2: How about traders after the attack

And its must be taken care with that orders.

4 Likes

Hi,
I bought about 2,5 in 11 May, Will i have some new coins ? :frowning:

I am a simple man and my thought are simple as well

There are 4 people here basically all screwed ( at least most of them)

  1. Those who had their saving in UST thinking it is stable
  2. Who bought UST while it was collapsing in the hope it will peg again and they can gain profit
  3. Pre-Attack Luna holders who were the OG backbone of Terra network
    3. (a). People who sold Luna to save themselves and their families from further collapse
    3. (b). People who didn’t sell luna till it died to support their favorite network, or just in hope it will recover
  4. Post attack Luna buyers
  5. (a) people who bought luna to lower their cost by DCA
  6. (b) people who bought purely to take profit in speculation that it will go up
  7. (c) people who were basically buying luna to support luna in burning, and in hope of pegging UST.

it would be a huge disservice to 1,3,4 if they don’t get their complete funds back

for 3, and 4 it would be best to buy back and burn as much as you can and let price play out based on market conditions and community support.

  1. can be reimbursed slowly when the network is generating revenue (this might be slow)
  2. should be reimbursed at the price they bought.

if any of my points is stupid please consider I am not a finance expert.

Sorry if this disheartens or offends anyone.

8 Likes

when the chain is moving again i will put the luna’s i bought so cheap of those who sold the luna’s that they bought at a high price to deligate to the network as a good fave of thrust in the system :stuck_out_tongue:

I think we are well beyond full capitulation.
The price is exponentially below the value of the protocol.

WTF don’t they TURN IT OFF ?

1 Like

I think this proposal is not good at all.
First of all, you should take in consideration the amount of money that people put into the coin, NOT the number of coins, regardless timeline.
Do you think a Luna hodler before the de-peg, who invested f.e. 100 dollar, should be compensate more (40% total) than a late comer who bought 10K dollars at 5 dollars per Luna??? Are you really saying this?? How will you be able to calculate this???
Also, you said that Luna had to be sacrificed to save UST, but the result is that UST is dead and you let Luna die as well.
I think you can do whatever, you but name and reputation are dead.
If you want to have a 0,1% of chance to save your name and your project, the only thing you can do is saving the existing LUNA without any fork. Burning LUNA, and find an alternative to UST.
New project, doesn’t mean new life. People will not forget.

4 Likes

dear community dear captain you have two solutions, either you compensate people or you continue your mission, the terra attack aims to destroy ust and not to earn money or destroy luna it is only collateral damage and benefits, if you subscribe your project would lose you the war. you’re smart but under stress, now it’s a psychological battle that is being played out, we want you to believe that all is lost but it’s not true take a good look around you you are not in chess and math, luna has 0.00004 does the same of volume that eth all is not yet lost the community has not changed it is and will remain greedy, found the Way to repegué ust and this time in a solid way people will wait Proved that you capable of taking up the challenge. attention attention attention if you give up ust all your work will go to pieces, luna is not in ashes there is too much noise author of you go to sleep and rested you. ps: ust was becoming the stablecoins of the crypto sphere this attack is not random. you are not insurers you are the builder of algorithmic stablecoins so be strong be smart don’t lose the course and do your fucking job. good luck

2 Likes

This is the dumbest proposal I’ve ever read. Fucking get some collateral and burn the excess LUNA that’s all you have to do. Not this insanely convoluted bullshit proposal that’s just going to fuck everyone over again. This is a free market and this project should be allowed to fail, holders new and old should be allowed to lose money. This isn’t fucking decentralized in the slightest. For all the people whining that it isn’t fair for new buyers to be compensated as much you, you’re acting just as greedy as them and on a fundamental level you are just as complicit for not reading the countless warning signs of this project. Therefore you deserve to lose and your $1-$100 buy is no different than someones 0.00000x buy. Grow the fuck up.

5 Likes

I wish there was a way to roll the tape backwards.
The exchanges have logs of all transactions but it will be hard\impossible to roll it but since each buy and sell to many people in one order.
But if there is a way to do it 'it we be best because:
1.newers will get their money back for attempting to provide stability based on the $ the put in, not number of LUNA they hold
2.then restoring everything like it was, once you take out all the newers (you are still names new if you had before 200 luna then you bought after 100k luna-for the 200 old luna it wouldn’t be consider newer, but for the rest it will).

I think this proposal is not good at all.
First of all, you should take in consideration the amount of money that people put into the coin, NOT the number of coins, regardless timeline.
Do you think a Luna hodler before the de-peg, who invested f.e. 100 dollar, should be compensate more (40% total) than a late comer who bought 10K dollars at 5 dollars per Luna??? Are you really saying this?? How will you be able to calculate this???
Also, you said that Luna had to be sacrificed to save UST, but the result is that UST is dead and you let Luna die as well.
I think you can do whatever, you but name and reputation are dead.
If you want to have a 0,1% of chance to save your name and your project, the only thing you can do is saving the existing LUNA without any fork. Burning LUNA, and find an alternative to UST.
New project, doesn’t mean new life. People will not forget.
With regards, F.

4 Likes

I am not sure that stablecoins guarantee any value. They simply have a proposition that you should assess that they claim will deliver that value. The pound has gone down against the dollar recently. Are you also writing to your MP demanding compensation for this? You own the risk, its your money. Demanding compensation and using the big F because you lost your money is not a good look.

I would like to know this too.

I am a simple man and my thought are simple as well

There are 4 people here basically all screwed ( at least most of them)

  1. Those who had their saving in UST thinking it is stable
  2. Who bought UST while it was collapsing in the hope it will peg again and they can gain profit
  3. Pre-Attack Luna holders who were the OG backbone of Terra network
    a. People who sold Luna to save themselves and their families from further collapse
    b. People who didn’t sell luna till it died to support their favorite network, or just in hope it will recover
  4. Post attack Luna buyers
    a. people who bought luna to lower their cost by DCA
    b. people who bought purely to take profit in speculation that it will go up
    c. people who were basically buying luna to support luna in burning, and in hope of pegging UST.

it would be a huge disservice to 1,3,4 if they don’t get their complete funds back

for 3, and 4 it would be best to buy back and burn as much as you can and let price play out based on market conditions and community support.

  1. can be reimbursed slowly when the network is generating revenue (this might be slow)
  2. should be reimbursed at the price they bought.

if any of my points is stupid please consider I am not a finance expert.

Sorry if this disheartens or offends anyone.

7 Likes

So is there any point to continuing to hold onto UST inside Anchor Earn in order to receive this snapshot, or is it time to withdraw from Anchor and try to somehow sell the UST? Not sure where to sell though, since all the exchanges seem to have halted deposits/withdrawals?

1 Like

Hi,
I bought about 2,5$ in 11 May, Will i have some new coins ? :frowning:

I Put all my money about 350,000 $ , I cant earn again Please help up Do Kwon. :frowning:

2 Likes