is it possible UST recovered ?

[zasad@]

https://station.terra.money/proposal/1188
Another suggestion to restore the UST price. But there is very little chance that it will be accepted.
It is likely that this proposal will be accepted:
https://station.terra.money/proposal/1623
And then the price of UST will fall sharply.

[1715257556]

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[Rampagoe004]

If the team wants to revive the project then there is no reason the project will re-develop but all that takes a process because many investors are disappointed with UST and they have suffered many losses, and I believe when the recovery occurs then investors start to doubt the coin and they will definitely look for a more convincing project and do not want to experience the same thing again and also they do not want to spend time with the coin Projects that have fallen.

[cheezcarls]

is it possible UST recovered ?

Correct me if I’m wrong, but I don’t think UST will become relevant anymore. It won’t survive for long, and it may even cease to exist in the near future if LUNA keeps falling down. Even the proposed LUNA fork by Do Kwon won’t guarantee that it would mark the biggest comeback of LUNA.

It gets much worse for me to be honest because if everyone buys LUNA because of the airdrop snapshot, then when it distributes and enters the market both LUNA, UST and the newly-forked LUNA will both go down as traders start to dump it as it’s free money. Just my opinion.

[Faisal2202]

Seems impossible, pegged token is deppeged now as the pool curve got skewed when the team withdrew money from it, high selling pressure effected its stability thus peg goes down in trying of making ust stable they sold their btc reserve to add money in curve pool but their selling causes the market to move down more as they sold 80k btc, due to which btc dominance decreases,

[Bonenx14]

It gets much worse for me to be honest because if everyone buys LUNA because of the airdrop snapshot, then when it distributes and enters the market both LUNA, UST and the newly-forked LUNA will both go down as traders start to dump it as it’s free money. Just my opinion.

I guess users will throw it away after the snapshot is done because the old luna token is no longer meaningful to the holder, I think the token is worth using for short term profit before the snapshot, I might doubt whether binance will support the fork proposal or not as CZ seems to reject the proposal.

[dezoel]

When it was 60+ cents or so and the team still worked on making it a possibility, I understood it. However, when we are talking about 12 cents now it's clear to me that it is not going to be doing anything good at all. We are going to end up with something much worse.

So, I would like to hope that maybe crypto would not end being bad, because it was after Luna situation, but UST/LUNA both will be bad and stay bad. This is something that I really hope gets better, and I would love to see both recover, but I just have absolutely no hope for it to happen at all. I believe that people will end up with nothing at all in the long run.

[tyz]

It gets much worse for me to be honest because if everyone buys LUNA because of the airdrop snapshot, then when it distributes and enters the market both LUNA, UST and the newly-forked LUNA will both go down as traders start to dump it as it’s free money. Just my opinion.

I guess users will throw it away after the snapshot is done because the old luna token is no longer meaningful to the holder, I think the token is worth using for short term profit before the snapshot, I might doubt whether binance will support the fork proposal or not as CZ seems to reject the proposal.

The fact that they even dare to try a new start after such a disaster is quite crass. But the trust in the project is gone for good, so I can't imagine that the "new" Luna will be successful in the long run.

[Mehedi72]

Nope. I may accept the luna crush cause its not a new thing that, altcoins can scam. But i wonder and can't believe my eyes when i saw a stable coin Ust dump 90℅. I thought It'll be recovery cause stablecoin can't dump! But affer an analysis, i got that luna ust Isn't work like others stablecoin. It is dead with luna and there's no hope that can let it back. It's better to move on if you are a holder of ust

[Kavelj22]

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Seems impossible, pegged token is deppeged now as the pool curve got skewed when the team withdrew money from it, high selling pressure effected its stability thus peg goes down in trying of making ust stable they sold their btc reserve to add money in curve pool but their selling causes the market to move down more as they sold 80k btc, due to which btc dominance decreases,

Usdt is not the way to determine the valueof a real stable coin. The Usdt stable coin is determined by many factoros.
When you bet on a stable coin in the actual position then you are in a so much risk position from a technical position. A st

[poodle63]

The fact that they even dare to try a new start after such a disaster is quite crass. But the trust in the project is gone for good, so I can't imagine that the "new" Luna will be successful in the long run.

I'm sure there gonna be always some  betters that think LUNA will start anew and become just as successful basically stimulating the LUNA market in the future but that's not gonna lasts for long.
as you've said, the trust in LUNA has long gone, so many has become the victims, the founder is facing lawsuit, I think the new version of LUNA will also be such a disappointment and gonna plummet so hard in term of value.
we aren't lacking any similar cryptocurrencies like LUNA, just mention a few, matic and solana just as good as LUNA before the disastrous event happened.

[wheelz1200]

is it possible UST recovered ?

Nah, they've been exposed who in their right mind would deal with them again?  Pegged coins are open to attacked lime these I'd be weary to be sitting in any pegged coin right now.  Never made sense to me to begin with now I know why lol.

[topman21]

is it possible UST recovered ?

How do you protect UST? How do you recover UST where a stable coin 0 can come.People have now lost all faith in this UST. Now people have moved away from this UST. They will no longer invest in this UST. This UST platform has thrown people into a lot of destruction.

[arwin100]

is it possible UST recovered ?

How do you protect UST? How do you recover UST where a stable coin 0 can come.People have now lost all faith in this UST. Now people have moved away from this UST. They will no longer invest in this UST. This UST platform has thrown people into a lot of destruction.

If there's recovery happen with this for sure it will take a lot of time before this things happen because first as you said investors already lost their confidence on LUNA and for sure those people who get liquidated for what happen on that project will never invest any cents on them because they afraid to suffer the same scenario again. Also maybe its good to follow what their devs do because if they fail to provide concrete action towards this issue then maybe we can see UST fail to recover.

[BobK71]

The success and failure of any project in cryptocurrency depends on the investors. I think fall in UST has had a kind of negative impact on investors. As a result, it cannot be easily recovered as a stable coin. But everything depends on the team. If the team is honest and financially prosperous then there is a possibility of taking it back but it is impracticable. Naturally they will try to move on with their Luna coins.

[bestcoins1]

is it possible UST recovered ?

How do you protect UST? How do you recover UST where a stable coin 0 can come.People have now lost all faith in this UST. Now people have moved away from this UST. They will no longer invest in this UST. This UST platform has thrown people into a lot of destruction.

In fact, stable coins are always dedicated to the same value as fiat USD, so I was surprised and surprised when I saw the price of stable coins like UST was far from the actual value of USD. So it is very natural that nowadays many people switch to other stable coins that have proven to be better and now UST is no longer worthy of being called a stable coin.

[crwth]

I think they plan to do a 2.0 of their project, right? I know that UST is not backed by anything but Luna is with BTC, but it's not enough. With everything that's happening, like the minting of Luna before May 14 and attempting to have Luna 2.0 be distributed to those holding Luna pre-crash, to the UST holders, etc., it's not going to be enough, I think.

What I'm concerned about is what the people who have put their trust in Terra will do if they don't have any reconciliation or something.

https://station.terra.money/proposal/1188
Another suggestion to restore the UST price. But there is very little chance that it will be accepted.

Until now, there's no more votes on this one. It would be highly unlikely that this will be accepted. This was submitted 11 days ago already.

It is likely that this proposal will be accepted:
https://station.terra.money/proposal/1623
And then the price of UST will fall sharply.

So this is it right?

https://agora.terra.money/t/terra-ecosystem-revival-plan-2-amended/18498

Looks familiar in terms of the plans indicated on the station.

[Wildwest]

This may happen because the project team is trying to fix the existing problems, but it all takes time and I think it will take a very long time because the value is currently very low, in fact UST is a stable coin that has long been the full confidence of investors but due to the LUNA project, UST is also badly affected at this time, recovery is being done hopefully will return to the highest value.

[fortuner]

This may happen because the project team is trying to fix the existing problems, but it all takes time and I think it will take a very long time because the value is currently very low, in fact UST is a stable coin that has long been the full confidence of investors but due to the LUNA project, UST is also badly affected at this time, recovery is being done hopefully will return to the highest value.

because in the past UST also had a collaboration with tera luna so that when a problem occurred with tera luna, it would be fatal for UST as well.
We hope that there will be good developments with UST so that everything will be fine again and the price of UST has also started to recover and is expensive again.

[Xampeuu]

This may happen because the project team is trying to fix the existing problems, but it all takes time and I think it will take a very long time because the value is currently very low, in fact UST is a stable coin that has long been the full confidence of investors but due to the LUNA project, UST is also badly affected at this time, recovery is being done hopefully will return to the highest value.

but it becomes a serious risk when ust slumps like today to return to its original condition if we want to invest. very risky to put most of our capital in it. but if you use a little capital, I don't think it will be a problem, who knows the condition can recover and we become new rich people. even though the devs are trying to fix it, it feels like it will take time to restore the condition to its original state, especially during the current bearish season

[Exio.tech]

This was a big deal in our history. Top 10 coin LUNA and its stabile coin UST want through a death spiral and crush devastatingly.
Unfortunately, the UST stabile coin is gone and not coming back but there is small hope for LUNA.
LUNA is a blockchain that has a lot of good projects on it and users are still interested in them.
Not every project is gona work out but there is hope for some of them. If those projects going to succeed LUND can have a use case as a coin which is used for transaction fees on its blockchain instead of UST