Something i saw on Twitter and a good point i hadn’t thought about is big VCs and holders who bragged about getting out on the way down before the bottom are now going to get coins again? I cant remember which firm was highlighting they sold out at an average price of $25, safe to say they are going to get a lot of coins in Terra 2 plus they got a lot of money out before the hyperinflation really kicked in. I dont know what the right solution is, (maybe moving the snapshot a day or two?), but i think its something that needs to be addressed.
I wanted to link the tweet but it just hit me after a couple of hours and i couldn’t find it again.
That really sucks. The one thing this shouldnt be doing is rewarding massive positions that got out. I get we can’t remove every single wallet that sold, but would be nice for some solution or this really isnt a “community owned” project when the parties that helped accelerate the wreckage are given the keys again.