UST Zone

UST Zone | powered by @FatManTerra

A Terra 2 validator focused on fair, thoughtful governance and UST restitution.

[UST Zone @USTZone]

View our validator here: https://t.co/CZzVpT2gRH
Delegate your LUNA to us here: https://t.co/Rbx1CFEQFm
Learn more about our values here: https://t.co/BhhiS3Vf1h

[UST Zone @USTZone]

UST Zone is a Terra 2 validator focused on fair, thoughtful governance and UST restitution. We are going to make Terra 2 more equitable, decentralized, and successful. Here's a bit more about our ethos. (1/5)

[UST Zone @USTZone]

@TheRyanLion Ironic that someone working for *actual* grifts is going around making false accusations about non-profit ventures seeking to help. I understand the concept may seem foreign to you.

[UST Zone @USTZone]

We announce with great sadness that UST Zone is shutting down. We were unable to reach the active set due to lack of delegations. We hoped to make at least one UST victim whole through this initiative, but it didn't work out. If you're a staker, please read on. (1/4)

[UST Zone @USTZone]

@MelnikovSerhii 21 days

[UST Zone @USTZone]

@MelnikovSerhii Yeah, you will need a little bit for fees

[UST Zone @USTZone]

It's a shame that this initiative didn't take off, but it was worth a try. We would also like to give a shoutout to @PFC_Validator who very graciously gave us a month of free validator hosting & operation, for which we are very grateful. Apologies & thank you to everyone! (4/4)

[UST Zone @USTZone]

If you are staking with UST Zone, your delegations remain fully intact & your LUNA will not be slashed. You will not earn staking rewards. We recommend that you undelegate from UST Zone and delegate to one of the aforementioned validators so you can earn rewards right away. (3/4)

[UST Zone @USTZone]

@thehotelion We're in the active set right now but we're at the very edge so we may drop out if a new node appears. Waiting for some more delegations to break us through with conviction.

[UST Zone @USTZone]

UST Zone has no downtime - stop delegating to jailed validators that will slash your LUNA.

[Chinoman10 @Chinoman10]

CoreWeave & ChainofSecrets alone have 7.5M $LUNA delegated to them, and their validators are currently JAILED.

There are more of them though...

Re-delegate NOW, and consider validators on the bottom of the active set (like @HermesProtocol) to promote decentralization.

[UST Zone @USTZone]

@stablekwon @poordart @DegenSpartan Don't you have a luxury condo in Singapore while thousands lost their savings after you told them to hold UST during the collapse?

[Do Kwon 🌕 @stablekwon]

💡

[FatMan @FatManTerra]

Here's a Telegram channel for streamlined updates on the UST case (things like lawsuit developments, forms to fill out, etc.) - please only join if you're a UST victim. https://t.co/14eKeaonHK Also, so sorry if I haven't replied to your Twitter DM, working through them slowly!

[UST Zone @USTZone]

@Heryaced It is active, and all transactions will be transparent - we will publish the info and you can verify it using our blockchain address terra1e69j0asssglm4nccrw2hk9vzl9mrqq8jrp2n00

[UST Zone @USTZone]

If you haven't already, delegate your LUNA to UST Zone here: https://t.co/Rbx1CFEQFm. 100% of validator profits will be used to make UST small holders whole. We hope to heal them and share their stories with you soon.

[UST Zone @USTZone]

@stablekwon @OmimizEth @THORmaximalist @terra_money Hey @stablekwon, did you end up getting permission to reveal the counterparty and trade logs for the LFG deployal?

[UST Zone @USTZone]

As per the poll result, UST Zone has voted Yes on Prop 874.

[UST Zone @USTZone]

As we do not have a strong opinion on the implementation of a 5% minimum validator commission (it's fairly low), we would like to hold a community poll to gauge sentiment. What should UST Zone vote on the proposal to implement a 5% minimum validator commission?

[UST Zone @USTZone]

Pros:
- A more level playing field for validators, encouraging decentralization
- Less undercutting advantage for larger nodes
Cons:
- Reduces choice & staking yield for delegators
- Inconsistent with free market capitalism

[UST Zone @USTZone]

UST Zone has submitted a proposal to set the minimum validator commission to 5% (instead of 10% as suggested in the original proposal). https://t.co/VLnP4QuBvw

[UST Zone @USTZone]

In agreement with PFC, UST Zone has voted "No" on Prop 870. We do not believe 10% is a reasonable minimum validator commission and agree that the free market should be allowed to breathe, resulting in better available yields for stakers. We recommend an adjustment to < 5%.

[PFC - Phoenix Foundation Change Agent @PFC_Validator]

There is a new proposal to add a 10% minimum commission on Terra2.0
https://t.co/JSACkkPKLO
PFC does *NOT* support this, and has voted no with veto.
10% is ridiculous.
Don't trust your validators to look after your interests in this one.
This is pure greed.
tell them! and vote