Thread by @lunatic_farmer

Hi #Lunatics I've had a chance to digest the @TerraBuildersU proposal and OG Holders/users aren't getting a fair shake. Somewhat of an olive branch that whale Anchor wallets aren't being included, but not including $UST in LP positions is pretty terrible.

Also no transparency from any of the Builders on how they plan to airdrop/snapshot holders of Terra Alt tokens. @Cephii1 proposal to capture overall TVL would be much more accurate way to judge users actual economic share of network pre-attack.

At this point I'm really looking at the current proposal as more of an ICO. If you still have any UST or Luna on chain you will get some V2 that will be liquid, but to capture anywhere close to your prior share you will need to put in new funds.

56 UST(roughly $5.95 USD) will get you one V2 at Launch currently and 65,000 Luna(roughly $11 USD) will net one V2. Not a great ICO price in my opinion, so going to move my on-chain funds mostly to bETH and wait to see where price goes over next few days before making a move.

Would expect Luna price to head downwards and UST to go up(in USD terms) until they reach an equilibrium. Ultimately have to decide if you want to re-buy into Luna 2.0 or you will just have wait a year to get any V2 tokens outside of what you have left.