I have stayed with the ust betting on the project with the savings of my poor life, please do not make me lose everything
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Maybe withdraw from UST. Give the people who were holding UST Luna, and burn the rest
Well said
So Luna that’s in undelegation is fine? What about Luna that sat in Binance and What about those that withdrew from Anchor during depeg and moved it to Binance. My whole withdrawal is just sitting in Binance. Snapshot of Ust and Luna holders before depeg and refund those that bought the dip.
Dear, Mr. Kwon,
Reducing the Supply to 1B, at this moment it is very complicated, it will generate a great revolt, I believe that this correction needs to be simplified.
Why not just convert the current LUNA to a LUNA V2, For example: ‘‘1000’’ for ‘‘1’’ LUNA v2
Passing supply from 6,500,000,000,000 to 6.5B
You can create a DApp for this conversion
The People need an answer now, to keep believing in the best currency in the world
Later, it will gradually burn to reach Target 1B
And the people who joined later also deserve to participate in this, they also played a role in bringing liquidity to TERRA not to die completely.
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When will this decision be finallized
Couple Questions and I hope I can get an answer (I can’t get into Discord as it is closed):
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How can we trust your proposals? You have failed us multiple times so far and no guarantee this one won’t fail us again as long as it is influenced by you.
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How many UST / LUNA do you hold currently? You said you haven’t sold any, right? Send us your wallet address to verify so maybe we start believing you.
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What happened to the BTCs? Why not keep burning UST? After all, Luna’s backbone was UST. No UST and with the the trust issue, who is going to use the new network?
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I moved my UST from Anchor to FTX yesterday. I haven’t sold a single UST. How are you going to differentiate between me who paid $1 / UST with the ones who bought it as low as $0.06 and still buying now because of this proposal? Are you compensating everyone and giving all the same shares / value regardless of the pain and losses they went through?
I think, UST needs to be given only to the holders before the depegging event.
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Even if you do all these, how is it going to gain the trust again and bring funds and values? Luna was UST and UST was Luna! How are people going to invest? You might give us a coin which ends up with a value less than what the current UST value is which is currently 0.1524. What is your plan going forward?
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I think you should take a snapshot of wallets prior and compensate those wallets. Then give some time for people to move their funds to the new chain / wallet.
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Are you planning to change your attitude and childish behavior? Are you going to stop betting millions here and there? Are you going to stop making enemies and asking people to short BTC or calling it Ethereum killer? I think you need to change and grow as a person first and foremost to make this happen. I would have never put any money here if I had known what I know about you now!
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Related to 6, don’t make this another bro cult kind if culture. Let it grow peacefully. Kill your ego. Make a video. An AMA. Apologize to all of us who trusted you. We forget and move on.
Another broken investor by trusting you!
Mr. Dreamer who you got his dreams vanished.
Lol dude. Are you serious. Hold the price when billions of Luna is being minted? Totally clueless.
let the market do its job as, it look LUNA’s MC is increasing and will be above UST soon, UST should repeg by itself
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Strongly suggest the airdrop for UST holder should be based on snapshot before the de-pegging happens (I think it should be May 10)
Current proposal seems only want to airdrop to UST holders after new token release, which is absolutely unfair and not make sense, most of UST holders now buy at < 0.1 cent, many of them even take profit from buying UST during this disaster!
LFG/Kwon should only refund or compensate people who lose their money during this de-peg, not people who already took profit from this de-pegging event!
Taking UST/aUST holding snapshot before de-pegging is far more fair to people who really take a huge loss!!
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Removing zeroes to the supply will hurt more holders before the event, it wont work.
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** 
BURN BURN BURN **
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Please consider, rather structured incentives for investors in a resurrection than casting remaining capital to the winds with backwards-looking compensation. Past holdings could be used to determine incentive levels.
(Far greater chance to generate impactful ‘compensation’ by future ecosystem operations than by tossing coins from the balcony now.)
I want to say that if you fork a new Luna,it will be fall down again.At this moment, it is a challenge and also a change to rise again.If you can solve the problem with this Luna , that meas a special thing to all this cryptocurrency market, and Luna will much stronger. But if you renew one Luna, actually you solve nothing.Fail again ,absolutely ! And never come back.
If you couldnt see the death spiral, then I’m sorry to say you were totally clueless. Maybe dont try catching a falling knife next time when the leadership have gone silent.
Tbh, if we manage to stabilize, we’ve pulled off the same thing as BlackRock, but decentralized.
It’s a huge feat. Something that would honestly make history.
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Disagree, a lot of people buy from high all the way down to the low
Whoever propose and support unlimited issue of Luna should take full responsible
Absolutely!
As posted before, priortiy for compensation if have
- UST holders before the depeg (some already sold at CEX at different discount, so compensate the loss only)
- Luna holders before the depeg
- Cap: say 50k/wallet (net loss)
We can’t satisfy all and those who jump in after depeg for Luna/UST for whatever reasons, this is super high risk and should be placed at last.
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A token goes from $80 to $0.7 in 48 hours and you thought it would recover? LOL
I understand if people invested money they dont mind losing but if you couldnt afford to lose it, and you invest it at that stage, there’s not much to say. You have to accept its your fault.
Think about this tooo
If you some how talk with exchange and dex say them to cut extra 500 luna on every single trade and send to burn fund and burn them every week that could help us back to 1 b supply
Just imagine
This time 1$ = 35000 luna on kucoin same on binance
Trades are more then 1000 in every sec or min
1000 × 500 = 500,000
May be this will take few months but this will make supply back to 1b
Per day trade these days must be around 100k+
So per day burn will be 50000000 token burn daily
When we near 1b you can low fee cuts after reaching to 1b stop that extra fee cut
This is best solution for whole old and new lunatics
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