There is currently no better proposa for Terra (LUNA).Whatever decision is made, it will still result in big losses for users. And the ecosystem will lose the trust of new users for many years. So far, there is no agreement between the participants on who to save: the holders of the LUNA coins or the owners of the former stablecoin UST.
I would agree on that. I don’t think that any proposals could really make up for the damage done to everyone and the entire image of the industry. They could only do so much with the proposal, but it doesn’t necessarily mean that the goal to save either of the two will be totally covered. It is a saddening event, but it is the reality. I never imagined that something like this will really happen.
Yeah, I would also agree on this statement. There is no better proposal to salvage Terra (LUNA), it was doomed to fail at the very beginning because Kwon Do f***ed up everything.
And now, he is still trying to save his face by having this kind of proposals. They try as hard to keep everything normal, but we all know that they can't and now it's all over and it messed crypto market in the worst time.