A Sensible Decision-making Framework

A proposal that might provide more structure to this framework is here:
https://agora.terra.money/t/proposed-recovery-plan-proposal/14676/

It might prove useful to consolidate similar proposals.
Please review and provide your inputs…

There’s really not much you can do if you sold UST for a loss… Should based on the snapshot and trace back whoever still holds a certain amount of UST and compensate those who still holds that amount… I sold 30% of my UST holdings at a loss… so I still have 70% left…

Also, I wouldn’t mind being compensated 50-60% of $1 UST… meaning i dont need a 1:1 compensation… a $0.5 for each UST i hold is acceptable…

Let’s be real, there are many UST holders and it’s impossible to compensate everyone at 100% for each UST held… in order to make everyone whole and restore confidence, there must be compromise on all sides… UST holders, Luna holders, the Terra team.

If u realize, Luna holders are saying UST holders are irrelevant while UST holders are saying Luna holders are irrelevant… I would say both UST and Luna are important!! We need to compromise.

Even better if the UST is not pegged to Luna completely… 50% backed by Luna, 50% backed by proper assets like USD or any other instruments like what Tether does… and we still have to burn the Luna oversupply.

There are still people selling luna and sill people buying luna, thats the market for you for every buyer there will be a seller and for every seller will be a buyer at some point.
you never get compensated when a stock loses value, this is the most absurd thing to ask for.
Exactly like CZ said and quite a few others in recent statments

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Is it possible to give everyone a choice whether they want to receive compensation now or not? I have a small amount of UST, I don’t need it now, but in the future I need UST to be saved in its original form so that I can store my funds in it.

Excellent point, Semi-Stable coin, that actually describes what it was and what it could be with the right hedge.

erm, fatman’s proposal didnt mention about forking,right? @FatMan

I heard UST was collapsing without knowing much other info about the situation so I pulled out $600+ UST from Anchor and converted it into $6 LUNA. That resulted into approx. 60 LUNA, what about these cases. I don’t hear anything about it :frowning:

Hi please take a look to my proposal as it is related to yours, let’s fix this together.

they, the old leaders gradually to the disaster of Luna are looking for a fork to regain ownership after running away and fooling all the investors and former holders. They continued to trick new holders into trying DCA to save Luna. Get rid of the fork option immediately with all your might, and boycott Luna v2 if it ever comes out because they’ll be printing Luna 2 and taking advantage of the community again…
The most important question right now: Where are the Bitcoins and Luna’s reserves and the Luna leaders are responsible for the destruction of the reserve and decided to print Luna on these investors.

@wlawyer Buonasera, grazie per il suo lavoro.
Vorrei precisare che nel CEX NEXO non è stato mai possibile fare il TOP UP di UST.
In NEXO tutti gli utenti hanno utilizzato lo swap per avere UST.
Con questa proposta, gli utenti di Nexo possessori di UST, avranno un rimborso?

@wlawyer

I can’t agree more. If you have the experience as a restructuring lawyer and only a small allocation in Terra so hopefully not biased why don’t you take the paid lead as a mediator between different stakeholders?