Summary
rather than wathcing UST free fall. why not lock away some UST by giving tiered interest?
Motivation
With less UST in the market dumping, investors confident will come back, Luna price will likely rise, UST peg may rise too.
Proposal
just for an example.
holder of UST willing to lock away UST for 6 months will receive 20% p.a interest.
holder of UST willing to lock away UST for 1 year will receive 30% p.a interest.
holder of UST willing to lock away UST for 2 year will receive 40% p.a interest.
holder of UST willing to lock away UST for 3 year will receive 50% p.a interest.
since the peg is now 0.33, there is no point to sell now… locking it away is a better option.
so Terra will have time to find investors at the same time stabilize the prices and force short sellers to cover their short when less UST dump = less Luna minting = stabilise Luna price.