Topic: Terra Ecosystem Revival Plan - Luna V2 WHAT DO YOU THINK? - page 2. (Read 304 times)

That's true even if its too impossible to recover the whole project they should still try it because they believe on that system in the first place and I hope this one will work but we don't know if this can attract new investors or not. I'm not holding that much of LUNA, I just try to ride with the hype for just $20 because who knows, LUNA might get back to a $1 value and if that happens for sure I made a lot of profit from that so I will support every revival plan of this project. 

Only time can prove the validity of the claims of the project owners who want to save the maximum that can be saved, but this is subject to two basic rules:
- The project has completely lost its credibility and the work team behind it, and therefore the supporters of the new token are often those who have incurred losses in the hope of recovering even a small part of their lost savings.
- The project team, or more precisely the decision-makers, will undoubtedly try to evade the tracking penalties, and this may be one of the attempts that seems to be supported by the Binance platform, which in turn is the owner of the Binance platform.

As long as there’s a plan I think its good, this might be their first step to try the recovery and of course wont be the last so let’s give them a chance and hope for the best. I bought at a cheaper price, I’m not expecting that much and I just need to wait for the execution of the plan and whatever the result is, I will hold for now.

This will not work, it will basically be just a way for the team to make some more money and I do not see it going any other way. I get that they are trying to find a solution to the current situation but at the same time if they are doing something that will hurt the public and not picked up by anyone then what they are doing is printing even more money with the hopes that it will worth something so that they could sell it.

They did a project, it recently failed, move on. If they get stuck to it and end up somehow do it and people show even a slight bit of interest then I am pretty sure that it is not going to be ending in any good way at all, it will probably not be that great.

Most of the investors who where able or have the nerves to buy the bottom while many people thought it was a crazy idea made huge profit within a day. so many members where not in agreement with the proposal made by Do kwon so @op i don't think this is the final decision of the terra luna community perhaps there will be a unanimous proposal that will work if ever there will be saving the project.

     The plans are quite good but I'm not going to be over optimistic yet. At least not until I see some good progress and results. I don't even care if I get left behind and won't get to gain as much profits as early investors. What I'm after are profits and it doesn't matter whether big or small as long as profits are there. Although, I am not like this on every asset I buy it's just that I lost trust on this altcoin already which is why I am being extra cautious than usual.

Now everything is confusing. How can newly created coins be valuable? It has not been tested yet thus, how can Do Kwon knows that it is an appropriate compensation? I believe that real USD or other well-known cryptocurrency is better compensation and investors are free to swap to the new coin

I know that the team is trying their best to save what is left of the Terra system but after such events, many many investors will definitely abandon Luna. So how can development proceed if there are only a few investors left? Terra is one of the biggest flaws in the cryptocurrency world.

I know a lot of people who went bankrupt and broke down because of investing in Luna but it's best to forget about it and stop hoping with Do Kwon's lies. He's just trying to appease the community with sweet words that he knows can't be done. There are still a lot of valuable coins in the market to invest in, as long as we are determined and try, I believe everyone will soon overcome and regain what was lost.

Believe me with such mechanism and it will be only making another people being deceived. From that proposal and we know that the new token will not be distributed to the current holders of luna and think that so many people will be also in a big lost. There's no good way to recover it again. The price already dumped so hard and this will never go to the a few dollars again. This is impossible to happen for sure. I think anyone aware about this except the blindly supporters of luna

I advise people who are thinking to buy Luna in the hope that it will recover its price or even nearer it, to forget it and just move on, it's a different crash we've seen it never happen before if ever it's going to be a hard climb, all we know now is the team does not have a plan for something like this their mechanism is not perfect, so better check all the other coins or stable coins you're holding if a similar issue will happen in the future.

won't, so forget it. some time ago CZ wrote a tweet, he said fork(lunav2) will not solve the problem and make him recover. how can they restore investor confidence with just a new coin that has no value in the first place. terra already had no chance to recover. everything written by the terra developer is only sweet words and is difficult to materialize.

It's still, a very long way to go before holders, those who did not sell or are late to sell to cut their losses, to regain their losses but the most important thing is getting back the trust of the community, $0.0003822 / 1027.64% as of this writing it's in a speculative state right now we will see in the coming weeks if the phase continues, Do Kwon needs to assure the community that they are serious in getting their trust, this is the first time it happens in the industry and it will have an impact on how investors will decide on how and where to invest.

I think that this plan has already changed many times. Terra and UST are actively trading on Binance, deposits and withdrawals work very quickly. Terra has already risen in price by 500%. But you don't have to be naive. There are huge losses in the ecosystem and no one will recover the losses of hodlers at their own expense.

I agree that only time well tell on what will happen in the future. I also think that if terra team will do that plan then those people who wanted to get out with as little loss as much as possible or as much as they can will be very happy. I wonder if the plan will work with terra team and continue making people believe in it and they don't lose their investors in their company. My guess is they will lose some of their investors if the price doesn't go back to it's previous price or close as the previous price.

Time will tell.

Laying out strategies is good but I don't think the people who got caught bag holding really care whatever the Terra team is planning to do right now. They just want to get out with as little loss as possible. The trust is already broken among the old investors and it would probably take another bullrun before it goes back to its previous price.

Finally Luna V2 News / Plan Reval

check here https://agora.terra.money/t/terra-ecosystem-revival-plan/8701

The Terra community must reconstitute the chain to preserve the community and the developer ecosystem.

Validators should reset the network ownership to 1B tokens, distributed among:

400M (40%) to Luna holders before the depegging event (last $1 tick before the depeg on Binance should be reasonable), bLuna, LunaX, and Luna held in contracts should also be recipients, minus the Terraform Labs account at terra1dp0taj85ruc299rkdvzp4z5pfg6z6swaed74e6. The new chain should be community-owned. Preserving decent ownership of the network in its strongest believers and builders is important.
400M (40%) to UST holders pro-rata at the time of the new network upgrade. UST holders need to be made whole as much as possible
100M (10%) to Luna holders at the final moment of the chain halt – last-minute marginal luna buyers should be compensated for their role in attempting to provide stability for the network
100M (10%) to the Community Pool to fund future development.
All Luna besides the third tranche should be staked at the network genesis state.
The network should incentivize its security with a reasonable inflation rate, say 7%, as fees will no longer be enough to pay for security without the swap fees.

what do you think really works?