Best Proposal for LUNA

[Robert518]

BURN is, in my opinion, the best proposal for LUNA. What are your thoughts on it? What will happen next, and which proposal will be approved?

[PrivacyG]

Something definitely seems off but I was thinking it might only be Do Kwon's strategy to create his plans in silence.  There is clear evidence the community does not want his proposed fork.  But by the looks of it, he is very focused on the fork and achieving HIS goals instead of listening to the community who already got screwed up once.

In the final proposal, he mentions this pre attack time frame which is up to next Wednesday.  The attack is already many days old.  Why did he choose the next Wednesday as the pre attack time frame?  Why am I, as someone who never knew about LUNA before the attack, rewarded as a 'pre attack' holder when I clearly started purchasing LUNA after the attack happened?

Secondly.  I do not understand why so many of the funds are allocated to the post attack holders.  Is it for the staking rewards, or?  If before the attack everything has been distributed fairly to the existing holders, why are we rewarding the NEW holders?

Finally, the vesting.  As far as I know, and please do correct me if I am mistaken, this means the rewards will be distributed among a time frame of two or four years for pre attack holders.  I understand that if the new LUNA succeeds there will likely be a sell off by the screwed investors who are still holding in desperate hope.  But is it fair to allow them to only access their own funds partially?

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Regards,
PrivacyG

[zasad@]

BURN is, in my opinion, the best proposal for LUNA. What are your thoughts on it? What will happen next, and which proposal will be approved?

There is currently no better proposa for Terra (LUNA).Whatever decision is made, it will still result in big losses for users. And the ecosystem will lose the trust of new users for many years. So far, there is no agreement between the participants on who to save: the holders of the LUNA coins or the owners of the former stablecoin UST.

[ufaiz50]

There is currently no better proposa for Terra (LUNA).Whatever decision is made, it will still result in big losses for users. And the ecosystem will lose the trust of new users for many years. So far, there is no agreement between the participants on who to save: the holders of the LUNA coins or the owners of the former stablecoin UST.

I would agree on that. I don’t think that any proposals could really make up for the damage done to everyone and the entire image of the industry. They could only do so much with the proposal, but it doesn’t necessarily mean that the goal to save either of the two will be totally covered. It is a saddening event, but it is the reality. I never imagined that something like this will really happen.

[bittick]

BURN is, in my opinion, the best proposal for LUNA. What are your thoughts on it? What will happen next, and which proposal will be approved?

This probably the proposal that owned by kwon that will be approved based on the result from the blockchain vote that already happened. I just wanna remind you about burn is not even matched with the business model of luna. If you have no funds left in the wallet and will you try to burn it and use what? since you have zero money in your wallet. I think that is quite clear if in this case all proposal were bad. Almost no solution for this problem.

[Bitstar_coin]

BURN is, in my opinion, the best proposal for LUNA. What are your thoughts on it? What will happen next, and which proposal will be approved?

Unfortunately the CEO is too greedy to comply with the demand of more than 80% of investors who vote for burn. This lack of community interest makes me to question the whole Decentralized Autonomous Organization DAO) idea, if this is a true decentralize ecosystem the interest of the majority should be immediately implemented but it appears Do Kwon just want to do what will be beneficial to him and his top investors friends. Thousands of people have lost their life savings and he is feeling reluctant to accept the proposal to Burn.

[tyz]

BURN is, in my opinion, the best proposal for LUNA. What are your thoughts on it? What will happen next, and which proposal will be approved?

You seem to be pretty new to crypto. So far, all projects that have caused such a massive gau have died, just because of the massive loss of trust. Billions of assets have been destroyed. Who should want to invest in this project and its "stablecoin" in the future?

[zulfi125]

Burn LUNA will not approve because many users buy LUNA at a low price even the current price with the hope that maybe LUNA will be burned and they will become millionaires but the proposal of LUNA classic and launch new LUNA will be accepted and most of the voting in favor of launch new LUNA because those buy LUNA above $50 they should be compensated and this proposal they will get new LUNA, no doubt CEO of LUNA fails to manage the situation but holder of LUNA may be little compensated but not all they will snapshot till May 7, 2022, and after this date holder of LUNA will not get any new coin.

[d3nz]

Burn LUNA will not approve because many users buy LUNA at a low price even the current price with the hope that maybe LUNA will be burned and they will become millionaires but the proposal of LUNA classic and launch new LUNA will be accepted and most of the voting in favor of launch new LUNA because those buy LUNA above $50 they should be compensated and this proposal they will get new LUNA, no doubt CEO of LUNA fails to manage the situation but holder of LUNA may be little compensated but not all they will snapshot till May 7, 2022, and after this date holder of LUNA will not get any new coin.

I think the majority of the holders of Terra (Luna) are right now in favor of the Burn mechanism even CZ of Binance got disappointed with how they will handle and propose a new fork for the community, I wonder how if people did not vote for this proposal, and would they think still to still forward the on creating a new fork?

There is currently no better proposa for Terra (LUNA).Whatever decision is made, it will still result in big losses for users. And the ecosystem will lose the trust of new users for many years. So far, there is no agreement between the participants on who to save: the holders of the LUNA coins or the owners of the former stablecoin UST.

The majority of the new investors will avoid the Tera luna but when it comes to trading, it can be taken advantage of the market. The only problem is how they will convince people that it will not happen the "attack" again and not to lose their investment and how they will handle it.

[X-ray]

I don't know which proposal that may become the best proposal Any proposal have its own pros and cons. The result of proposal that will be chosen by community actually depend on the result form the voting. Many luna holders are supporting burn but i think this will not gonna happen. Even when so many people introduced their own proposal and the result will always be the same. People can only try to receive their fork tokens at the end of this month. Even when hundreds of proposal created by the community and do kwon will always pick the first proposal.
This is how the community being rugged by someone who claimed to be the master of stable token

[ultrloa]

BURN is, in my opinion, the best proposal for LUNA. What are your thoughts on it? What will happen next, and which proposal will be approved?

This is best proposal for people who bought luna when the price reach at All Time Low and they became a lucky for that if there's burning of supplies will happen, but upon reading on Do Kwon we can  figure put that they are planning to fork it and create another with. Hopefully they not turn their backs and continue to develop their own coin which has been dropped by some attackers.

[cryptoaddictchie]

BURN is, in my opinion, the best proposal for LUNA. What are your thoughts on it? What will happen next, and which proposal will be approved?

Im afraid even with burning tokens circulation will still be the same on the exchange itself. Its gonna be take a while to reduce a trillion coin. Also the people loses its trust on the founder and the team. The reason why its still being traded is due to pump and dump reason of the traders.

[Reid]

With a broken trust? Nah, even with the best proposal given it will unlikely lift up. That is a thing in investing in cryptocurrencies or even with other assets.
Once you fail, it's difficult to return in your once upon a time greatest achievement.
Old investors of LUNA will surely look for an opportunity to sell off their remaining coins that was stuck in the middle of everything that happened. They trusted it could pump back but it didn't and it may not ever. They want something in the space of what they invested, not another dimension.
In short, they want their money back.
As an investor, I don't like buying stuff where old investors are lurking in the shadows ready to sell anytime.

[Yaunfitda]

There is currently no better proposa for Terra (LUNA).Whatever decision is made, it will still result in big losses for users. And the ecosystem will lose the trust of new users for many years. So far, there is no agreement between the participants on who to save: the holders of the LUNA coins or the owners of the former stablecoin UST.

I would agree on that. I don’t think that any proposals could really make up for the damage done to everyone and the entire image of the industry. They could only do so much with the proposal, but it doesn’t necessarily mean that the goal to save either of the two will be totally covered. It is a saddening event, but it is the reality. I never imagined that something like this will really happen.

Yeah, I would also agree on this statement. There is no better proposal to salvage Terra (LUNA), it was doomed to fail at the very beginning because Kwon Do f***ed up everything.

And now, he is still trying to save his face by having this kind of proposals. They try as hard to keep everything normal, but we all know that they can't and now it's all over and it messed crypto market in the worst time.

[wxa7115]

BURN is, in my opinion, the best proposal for LUNA. What are your thoughts on it? What will happen next, and which proposal will be approved?

Disappear, that is the best option for everyone, the longer it takes for luna to finally reach its inevitable fate the more ammunition they are giving to the detractors of this market to say whatever they want and to go unchallenged, as they can point out what it is happening with luna and claim all the market is like that.

So luna has to disappear as quickly as possible, is this bad for those which invested in luna and ust? Of course, but they took a decision when they invested in those projects, while the rest of the community that knew that this was a scam and avoided it still have to suffer, something that is completely unfair.

[vanesha]

BURN is, in my opinion, the best proposal for LUNA. What are your thoughts on it? What will happen next, and which proposal will be approved?

burn is not always good, we all know LUNA and UST are tied to each other, if LUNA is burned then UST will increase supply and after that LUNA will add supply again. The only way they can solve this is to stop the supply and the Terra LUNA team plans to make a new version of LUNA and are ready to leave the old LUNA to be handed over to their community. It is certain that LUNA will no longer be taken care of by the terra team, but they will focus on the new LUNA.

[DeathAngel]

BURN is, in my opinion, the best proposal for LUNA. What are your thoughts on it? What will happen next, and which proposal will be approved?

Burning a massive & I mean massive % of the supply could give it a fighting chance but I think the damage has been done if I am honest. It’s a dead coin & will eventually trend to $0. Investor confidence is destroyed & it will take a lot to get that back.

[evilgreed]

               The difficult thing about this is that Do Kwon is already pretty set with his decisions about where he wants the project to go making him closed towards the opinions of the investors that got fcked/rekt by his previously awful decisions. Either this guy already has a follow up plan after this or he's just been ng selfish and wants to prove that he has the capability to turn the situation around for the better with his new plans. Either way I hope he'd really be able to turn things around for the sake of the investors and the supporters of the project that really liked its utility.

[PrivacyG]

Burning a massive & I mean massive % of the supply could give it a fighting chance but I think the damage has been done if I am honest. It’s a dead coin & will eventually trend to $0. Investor confidence is destroyed & it will take a lot to get that back.

It had a chance if Kwon listened to the voice of the community instead of following his own plan of attack.  You can see he is almost EXCITED about his dead coin instead of taking responsibility and being sorry for the damage.

But when you miserably failed your investors and produced insane damage to them and even after this you still do not have ears for them, it is clear to me your intentions are definitely not healing the entire situation up.

Interesting times to follow through.

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Regards,
PrivacyG

[RussianEnglishTranslation]

BURN is, in my opinion, the best proposal for LUNA. What are your thoughts on it? What will happen next, and which proposal will be approved?

Right now a lot of blockchains are offering bounties, airdrops, and grants to Luna based projects, DApps and communities. One of those is Candle labs dot org.