The Terra Ecosystem Revival Plan 2 is the closest we have gotten so far for fair compensation for all stakeholders.
The key takeaways are:
• Fork Luna without $UST
• Airdrop to compensate #LUNAtics
• Staking rewards - token inflation
Here are some suggested changes 🧵👇
The key takeaways are:
• Fork Luna without $UST
• Airdrop to compensate #LUNAtics
• Staking rewards - token inflation
Here are some suggested changes 🧵👇
Changes in Token Distribution
Focus on people who have held $UST through the event, rather than people who bought at the bottom. Suggested By @WestieCapital
Same mechanics for people who held $luna vs. people who bought at the bottom.
Multiple snapshots are needed to evaluate
Focus on people who have held $UST through the event, rather than people who bought at the bottom. Suggested By @WestieCapital
Same mechanics for people who held $luna vs. people who bought at the bottom.
Multiple snapshots are needed to evaluate
Changes in Token Distribution
Pre-deg snapshot should represent ALL of a wallet's TVL including Terra Alts.
Suggested By @Cephii1
People who have invested in the Terra Ecosystem are most likely among the most loyal member of the community.
Pre-deg snapshot should represent ALL of a wallet's TVL including Terra Alts.
Suggested By @Cephii1
People who have invested in the Terra Ecosystem are most likely among the most loyal member of the community.
Burning of the $luna token:
The most important aspect of Terra was not the relationship between $luna and $ust.
Rather the burning of the $luna token was the reason it was so popular.
We need to implement a way to burn $luna with the generated transaction fees.
The most important aspect of Terra was not the relationship between $luna and $ust.
Rather the burning of the $luna token was the reason it was so popular.
We need to implement a way to burn $luna with the generated transaction fees.
Increase the number of snapshots for a fair token distribution:
There are many different stakeholders that have to be accounted for, some of the most popular are:
• Luna holders
• UST holders
• People who bought Luna-UST on the way down
👇
There are many different stakeholders that have to be accounted for, some of the most popular are:
• Luna holders
• UST holders
• People who bought Luna-UST on the way down
👇
More than two snapshots are needed to determine how these stakeholders acted in the de-peg event.
Distribution needs to be maximized for people who did not take profits.
People who caught the knife at higher prices should get more compensation than people who bought the bottom.
Distribution needs to be maximized for people who did not take profits.
People who caught the knife at higher prices should get more compensation than people who bought the bottom.
Reentering @stablekwon and @LFG_org as key figures of the Luna Ecosystem.
A community chain sounds good, but it's not the most effective way to rebuild $Luna.
Mistakes happen and @stablekwon needs to be able to make up for his failure.
He is the only one who can save Terra.
A community chain sounds good, but it's not the most effective way to rebuild $Luna.
Mistakes happen and @stablekwon needs to be able to make up for his failure.
He is the only one who can save Terra.
$Luna fork being IBC compatible and the integration of @keplrwallet. Suggested by @Cephii1
The forking of Terra gives us the possibility to increase cross-chain interoperability for @osmosiszone
I am sure @keplrwallet would integrate the new Terra chain for free 🙏
The forking of Terra gives us the possibility to increase cross-chain interoperability for @osmosiszone
I am sure @keplrwallet would integrate the new Terra chain for free 🙏
Share this discussion, comment with your opinion and retweet the original tweet if you agree/disagree:
https://twitter.com/Luna_Studio_/status/1526494495579287554?s=20&t=V3fWX-5cePe2uklEmnE4tA
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