I hope you hear our proposal, it is a very wise decision if you just burn 70% of Luna tokens or whatever Pigman advices are… This actually will create hope and life changing wealth for all of us. Please. Do this and we know you are willing to help.
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I might say something stupid but why not give a pro rata relative to the price people bought? I mean I bought some at $15 thinking it was a good idea and then at $0.2 but still not the same as those who bought at $0.00001
Feel scammed honestly.
I´m agree with you!!
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But it’s not to be this volatile and now it’s broken
There is a solution for who buyed UST when deppeged? I Buyed a part in the de-peg. Maybe can i receive a prorrated part related with the price at i buyed? Los 80% of it. Maybe the best way to save the eecosistem is to burn luna?
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hello. I suggest. one . you can push the price further down and buy back to the max (LUNA) and burn to the right amount, like 99.5% to stabilize the scene, and raise the price gradually. many investors are ready to leave this project, at the price they have invested. and new investors will come to the project. At the same time, you lose a minimum amount of money and a minimum amount of time. 2. you can take a snapshot before the attack, and restore the price and who bought after the attack, give them new coins with a new project, but in any case, you need to burn half. in this scenario, you will save face and return to its former greatness
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And what happens for tokens from airdrops like ANC MIR STT PSI MINE etc…?
With all due respect. Your effort is valiant. However, this will divide your community. As well as open you all to a myriad of lawsuits by arbitrarily choosing winners and losers. A Torts lawyer will eat this plan alive.
In my humble opinion, it would be wise to save the current $Luna token. Contingent upon your team having ammunition (monies).
- Buy $Luna now with the low price. You can buy millions at a very low cost to burn and distribute.
- Then distribute the $Luna purchased to the people, as you are exploring, but be fully inclusive.
- Then proceed to buy back $Luna held in wallets through buybacks and incentives.
- And allow the public to buy now at a low price.
- And connect $Luna token utility to the vast Terra ecosystem. (Utility, build and restore confidence)
So, in my humble opinion, you do not necessarily have to fork $Luna. You can buy millions now at a low cost. IF you have cash on hand, you can start a $Luna buy back and burn the supply.
Lastly, by allowing the public to buy $Luna now you get those who truly want to be in the ecosystem to rejoin.
Good Luck!
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I lost my all of money 
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1 Burn excess Luna.
2 Convert all ust to luna
3 Introduce transaction fee for trading luna ( luna cost to sell or buy amount TBD ) - DEFLATIONARY
4 Wait for recovery of Luna.
5 reintroduce stable UST after developement work to fix flaw
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100% agree with this. I’m guessing most are calculating either consciously or subconsciously what their biggest positions were and weighing them against what is being put forth. My 2 cents, The Terra team is most likely looking at it from the perspective of here’s a big group of people, which ones will stick around once the dust settles and we give them new tokens. Sounds like it’s the UST and Luna holders. Which I think we all are, whether we sold or held or kept buying. I don’t have any petty advice to lean the percentage this way or that way but I do have an idea for some team in the future. We know events like this come and more will come. Is there something that can replace snapshots? Something like ape board but specifically for terra were the team doesn’t have to guess who held what. :0. I can see on ape what I hold. I saw on on tweet where someone was wondering about their pools of luna and ust. Things like that. How will this web be untangled. Love you guys be safe. Have each others backs. Peace.
(By the way I look forward to getting some sleep soon and I hope you all can do the same. Clearer minds and sleep sometimes brings out the best in us. Take care of your health if at all possible. Eat some healthy food. Etc… )
Are you including Astroport LP providers? I was bLUNA-LUNA provider for a massive sum.
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Maybe is not a bad idea? You can re-peg and turn people confident, but it needs a plan after it to people stay in the project
Leave LUNA token and let it rise again
stop minting,
Start burning
stop playing victim
classic fraudulent behavior
don’t give up because many have not given up.
Also do not punish new holders and go give the ones who cashed out a second chance that’s ridiculous many cashed out and will try and get another bag let’s play fair because even the new guys play a part in the next phase
move forward don’t look back
come back stronger and behold #GREATNESS u don’t want to piss people off do right by the community become a legend
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Doesn’t it say UST holder will share 400mil of the reallocated LUNA coins? If the market values that rebooted LUNA at a penny each… then all UST holders get their share of about $4mil.
If we say there was 15b UST out there before the crash… every UST would then be worth about 0.027 cents? Or, every 37.5 UST you owned you get a penny back.
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You ain’t community if you just bought a bucks worth to try and make money from a failing coin. You potential gains are all of the communities losses.
You were part of the problem. Off chain idiots
I think the should burn LUNA, i have a question, what is going to happen with UST in any scenario, it will be changed too or it will continue?
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You fall under the second point in the proposal
I had 5 luna which i bought in binance at 77 and 83 dolars i remember, i never abandoned the project i left stacking my lunas on binance till the end, untill luna = 0 hopping there is a fix to all of this even i bought some lunas at 30 dollars. What happend woth the people that have lunas on CEXs
It will die. UST holder will get a cut of the reallocated/burned LUNA… then UST goes away. Terra will no longer be involved with algorithmic stablecoins. Though if you still want to play with fire apparently Tron plans to blow up their USDD coin the same way…