We don’t have to reinvent the wheel here! When you reissue the new Luna Tokens Just use the swaps to exchange ratios.. for example 5:1 or 100:1. Simply burn the old Luna tokens. Instead of using UST just partner with a reputable collateral backed stabl

Governance & Proposals
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We don’t have to reinvent the wheel here!

When you reissue the new Luna Tokens Just use the swaps to exchange ratios… for example 5:1 or 100:1. Simply burn the old Luna tokens.

Instead of using UST just partner with a reputable collateral backed stable coin and use that in USTs place.

The yields would be lower but you at least wouldn’t have to scrap a pretty good ecosystem and start new.

Simply remove the broken part and replace it with a good one and build from there.

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Creating a fork isn’t going to work. It’ll still have the same issue that caused this collapse.

Plus, it’ll never peg to $1 because there will immediately be a massive sell off that it will likely never recover from.

The only real solution here is to try to save LUNA via burning.

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