Post
Topic
Board Altcoin Discussion
Re: Terra Ecosystem Revival Plan - Luna V2 WHAT DO YOU THINK?
by
Nivia1st
on 16/05/2022, 05:03:15 UTC
Finally Luna V2 News / Plan Reval
The Terra community must reconstitute the chain to preserve the community and the developer ecosystem.
It's not the point, I don't know why they are thinking creating a new version will resolve the problem?. As we can see from another project before, when the team tries to make a new version, the project comes to fall the same as version 1. This strategy will make the negative thinking for Investor. They will feel the developer and team were leaving the old project, this means all money has gone to the new project without residue and can't make Luna come back to ATH.
from the start this solution was like a desperate plan. and everyone knows that this won't work to recover UST/luna. actually there is a better plan that is buyback and burn. but instead of using this method, LFG continues to increase the luna supply. from this we know that they do not have the funds. even if luna-ust v2 is released, they don't have backed to keep peg ust, and most likely crash will happen again.