@alphaDefi_ Terra will introduce some kind of stablecoin. Just that it’s not today’s top agenda. Who the hell in town you think if it’s not terra when it comes to taming the beast.
@stablekwon@WestieCapital Are we starting a new chain for the community, or undergoing chapter 11? It ended when Luna went zero. We airdrop to replicate the superb community we had, not to make whole. If whatever liability is left, that falls to Do and TFL. New chain is for the community, not creditors.
@FatManTerra I cannot agree LFG BTC for whale@exit liquidity story. People close to Do such as Seojoon Kim of Hashed lost billions in the fiasco, not sold, believing the peg could be brought back. Rather, Terra 2.0 could be exit liquidity for them. Cuz they are still stuck in luna.
@notDevepe@rekt_wolf Lmfao. Imagine RW being a chain letter. If you buy RW - floor 10x, don’t buy - you REKT. But your chain is REKT anyway if you don’t bridge RW to other chain. Total mess.
@RunemirQi It would’ve still happened. TFL printed UST too fast, while the liquidity was put elsewhere. There was too much newly minted, free UST coming in circulation.
@mo7mad87 @dsrvlabs_jiyun Belly means validators. Jiyun, please write complete nouns and auto translation would be perfect. I don’t need to translate this.
@lejimmy So i think there’s no meaning we put much importance to choose who. Just decide quick and excute. One thing I hope is placing a cap on max luna airdrop per wallet. In that way we are decentralized and can keep community treasury for future spending.
@lejimmy Terra cannot recover as it was. Luna holders are punished to zero and that’s the end for equity investors. Then 2.0 shall be a new chain. We don’t have to make whole. We can’t anyway. The only way to make whole, we grow again, without ust, tfl and do. Hard way but no other way.