Quote from: hamba laeh on June 11, 2022, 06:45:28 PM

Quote from: DVlog on May 13, 2022, 01:47:28 PM

Quote

The community is deciding on a new @terra_money between restoring a snapshot prior to attack, removing TFL, fully collateralizing UST and drafting & deliberating new mechanisms for $LUNA.

We must salvage the remaining value in the ecosystem & community and rebuild the right way

https://twitter.com/stablechen/status/1525023238895837184?s=20&t=-1WYQPCBM04n8tee6cBwQQ

If they are really doing this that means luna holders from pre-attack will get new tokens but what about those who buy later on exchange. People lost money when prices were continuously declining too. They didn't tell their community not to buy before UST repeg in its standards. I also heard rumors that Do kown short his luna to recover the loss that he took by selling his BTC in losing which accelerated the process more.

Luna lose his credibility and all who took any loss should get compensation.

Various strategies are being played by the terraluna team to restore public confidence in the terraluna. and the new coin is a team strategy to get a bigger profit. even though their aim is to restore the ground in the market. but if I notice that the chances of terraluna are very small to be able to recover, because terraluna has been considered a coin meme, even though it was once in the top 10 coinmarketcap.

Their compensation plan with the new luna token didn't work either. People who lost thousands of dollars due to that cash get new tokens worth of few dollars. Old UST holders get more than old luna token holders. The whole ecosystem is now messed up and only some unique idea and magical work can restore its previous prestige.