Terra Ecosystem Revival Plan

I think we need to take into consideration thoughs who fled with their Lunas/UST offchain, cause its obvious they sold, should they recive the same as thoughs who stayed onchain? Its a bit of a slap in the face to mention before depeging, as it was at .5-.7 for a few days, while people where running for the hills, while the people who stayed to help end up with 0$. Shouldnt be in the same boat as the runaways.

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Simple as that 100%

Hello, Do Kwon, a lot of luna victims are holding luna in centralized exchanges. Because of the falling price of the currency, their assets have returned to zero. I think some of them should be airdropped to the victims of centralized exchanges. The terra team should Actively get in touch with major exchanges, formulate relevant airdrop plans, and compensate Luna victims reasonably and fairly, thank you

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Burn excess Luna. Save the ecosystem

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No, what needs to happen is UST should either be sidelined or disposed of and focus on Luna.
Without Luna, there’s no UST.
Either burn the excess LUNA printed yesterday or buy back while the price is floored.
If you decide to reward UST holders above LUNA, then this will be over for good.
Again, without LUNA, there’s no UST.

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What about WLUNA ? What will happen to it?

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Then how about pay back to them the at the price they bought because stablecoin is not suppose to be for day trading. It is suppose to be where you avoid risk and keeping the value in this volatile market

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In my opinion: for UST, it’s the moment when the depeg began. For Luna, it’s the moment before they started hyperinflation. If they want to include any of the hyperinflation then they need to reduce the weight of those acquisitions (in “# of Luna” terms) when calculating any new network share or compensation.

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UST was to be stable more faith and trust has been lost here than on the LUNA side. the LUNA token was always the offset to UST.

Yes I think its better if you just burn the excess Luna tokens, that way we can still retain or keep our existing amount of Luna tokens. If Shiba Inu or Matic can do this, why cant Luna?

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Do, I appreciate you think this is fair for everyone but I think youre missing a big chunk of the investors. I had tons of NFT’s that sold for LUNA after the de-peg. How will LUNA NFT holders be compensated? All we have is $LUNA that is worth almost nothing. Will those NFT’s also be reversed back to how it was before the de-peg? Alot of my LUNA/capital was in them. A huge amount of the community is also wondering about this.

I think everyone can agree to mass burn of LUNA. Fatman’s proposal helps 95% of users thats huge!

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  • 100M (10%) to Luna holders at the final moment of the chain halt – last minute marginal luna buyers should be compensated for their role in attempting to provide stability for the network

10% for this guy who short you? :astonished:

It’s MUST HAVE combined with the holding length (for real holders, no for speculators)…

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So why does he not reiterate it in his proposal on agora?

I bought in not long after it depegged, but still trusting in UST.

There are complaints of honouring UST holder pre and post depeg, which is understandable as someone purchasing UST at 0.10c for example should not profit.

I suggest a system where the user submits a wallet address and it screens the blockchain transaction to reveal the initial investment value. E.g 100 usdt

Their UST value is determined by how much their initital investment value was (100 USDT) IF purchasing UST at $1 peg.

So if someone spent $100 when UST was at 10 cents, they wouldn’t get 1000 UST, their UST amount would simply be $100 UST.

This is the most fair to please all. How can anyone argue with this? All I want is as much as of my initial investment back as possible.

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this is a great start…community input needs to also be taken into consideration. Some basic voting algos would be great.

Who said stable coins are not supposed to be for day trading? that’s how TradFi forex work. Arbitrage opportunities are a big part of the crypto trading volumes

I had all my UST locked up on Solend
How will that work?

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Hi Do
My Luna token are in Celsius, will I be eligible for receiving the new tokens?

Same here, mine is in my solana wallet