Are you considered a holder if you have cLuna?
They need to save UST not LUNA, UST is stablecoin its the only one with a determined value. Repeg and LUNA takes it on the chin
So, pre de-peg holders who sold for 10% at the bottom because of your lack of communication…or misleading communication… get nothing? Seems fair. Selling your UST isn’t a sign of disloyaltly…it’s a sign of your leadership in the worst crisis possible…there was no leadership Do. To now be told that people will get more than me after I sold at the very bottom…because there wasn’t communication from you…this is even more painful.
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the most sensible thing to do at the moment for luna to resume its price, or to reach a price that is more attractive to everyone, would be to carry out a sequence of events, namely: 1 - the volume offered to luna holders as you suggested and already made it clear to everyone that it will give to luna holders (I am one of these) and even though I am, I don’t like the idea, for the simple reason: there is a lot of luna on the market, which is correct since you already “hit the hammer” saying that it will to the holders, it would be you repurchase the excess tokens and then burn, because they were minted to try to save the ust, since it will not continue to exist, burn the excess and release luna from the weight it carries from the ust, 2 - For luna to rise again from the ashes like a phoenix you need to show humility and stop criticizing other projects like Dai who criticized, it was his offensive words that I’m sure made evil people act with the whole world the rage, their anger at you was reflected in all of us, show humility and be kind, show a willingness to help and keep that in mind.
3 - the ust token will no longer work, and everyone has lost their trust, however, the dai project and all other stablecoins have proved to be useful, put your pride aside and accept the help they can offer instead of trying “destroy” accept them, apologize for what you said and create the 5:1 protocol using dai/usdc/usdb/usdt/usdd as parity for the new token with the name lunausD, doing this, showing to be a humble persowhen pegging the new token in this pair, offer the holders of the current ust the exchange of 1:1 with the new lunausD token that will have the real value of 1:1, and the ust token that receives burns so that it ceases to exist forever, you you will see that something that has never occurred in your life will occur and you will see your eyes open and your mind become in a way you never had and never imagined.
my words may seem harsh and difficult for you, but if you accept and show humility, I will be here to help you.
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Wow interesting. I’ve read some stuff about how the mechanics works but this seems a bit more clear. Tx
You have the coin ($LUNA), you have the community, you have huge amount of holders, you have the publicity (even bad one is good), you have the marketing. LUNA is in better shape than any coin struggling to make its first steps now. Keep it, new holders will come and strive! Oh, and no need to answer “wen CEX”.
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This idiot mowed a bunch of people with Luna and wants to make new money, fuck you,Please let him release the bailout purchase voucher to prove his innocence
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It is possible that traders will purchase or swap out assets for UST, absolutely. They get more UST than another stablecoin because it is valued so low. When doing this, they are risking UST recovering which would provide them with a very rewarding return.
I certainly understand your point of view, but it is possible.
Can someone explain? How would I receive 40% of my UST. After depag, today I sold my UST. Will I be eligible to receive my 40% stake which I owned before depag? If yes, how, when and where?
Could we prioritise the lower UST holders first? They are the most affected, including me. I lost so much man… i trusted UST with my savings and investments and now I’ve lost so much.
This depends on your point of view. People I deal with learned of Anchor first, then UST, then the link to LUNA last. They don’t care at all about LUNA: to them it’s a shitcoin that only mints+burns to hold the UST peg. Once UST is gone… they don’t see any reason for LUNA to exist.
To them saying to keep LUNA and kill UST is like telling someone who just bought a hamburger to toss the burger and eat the wrapper. Are you insane 
I get that the algorithmic stablecoin idea failed, again. But others will be around to make the same mistake. If UST holders get something… I guess that’s better than nothing…
All of as with you , thank you for support us , we will not leave you alone , god bless all of you guys
I think you should tweet this
" I’m an arrogant one but also a
responsibility man. I don’t deny my fault
made many people suffering. I will give
10,000$ for suicide victim’s family
because of Luna as a compassion with
condition that their buying order must be
before the crash with a certain large
amount. Remember, you are the greatest
fortune of yourselt.
Also anonymous people relate to the crash as a
planned crime also must be punished! "
I agree, Terraform take care of reset network and swap new coins and distrition after community vote concensus. All CEX like Binance, Kucoin…will have to use their UST and LUNA distributed from Terra to calculate their distribution to their customers transaction after depeg event
It is better to break one finger than ten fingers
Now choose to give up UST and develop Luna without worrying, when Luna is brilliant again, give some compensation to the users who hold UST before
If you are still hesitant now, you will lose all of them
I think we should go back to the original problem of buying a lot of Luna at a price that you think is appropriate, and then buying back and destroying, and when you do that, people who didn’t have Luna will join in, and Luna will get new users, maybe hundreds of thousands, or even millions, more people will buy Luna. They have become stakeholders, and they will try to call on more people to join.
Exactly. To me, it doesn’t matter if they see the reason. They were those people who will definitely cash out as soon as Do Kwon put money in for sustaining the project. Even if they see the reason they will not stay anymore if they have a chance. To me, it only matters if the project will die.
Please refer to the failure of PUNDIX. They did the similar thing as what the team plans to do.
I support FatMan’s proposal or restoring the peg. [Proposal] Tiered repayment: airdrop USDC/USDT to small UST holders on Terra
Trust comes before rebuilding. Without trust, anything you rebuild is meaningless.
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I pledge ust on anchor through okex exchange, and the 8th okex will be redeemed automatically, but ust has always been on the exchange. Does the UST distribution in the proposal include me? Will my ust be automatically converted into new currency after restarting the network
I think this is a better solution
300M (30%) to UST holders before the depegging event
100M (10%) to UST holders pro-rata at the time of the new network upgrade