cryptoscale

@CryptoWhale If USDT peg breaks…..Bitcoin will plunge to under $1000

@FatManTerra Post attack UST holders…surely if proposal goes through we will see bots buying UST like crazy at those prices. However it may help the peg a little

As of right now there are three separate things going on for UST holders: 1. A small refund from LFG 2. A token airdrop for the new LUNA (weighted in favour of new UST buyers at a 2:1 ratio) 3. Potential legal action seeking full restitution, more info on this coming (1/2)

@FatManTerra What do you make of it? What about those pre attack UST staked at different protocols like osmosis, aperture, mirror?

The "Terra 2" token airdrop proposal has been amended as per our community suggestions to include pre-attack aUST holders using the small holder model. 10% of the tokens will go to 99.7% of holders (but only 26.72% of aUST). 20% of the airdrop will still go to new holders.

@CryptoWhale Yields on USDT on some dexes are way to high…there is a clear attempt to stop the exodus. Will it be enough though….

@egglevin @victorstuber @Route2FI Love your spirit man!

@victorstuber @DYORify @Route2FI We're all screwed already

Token distribution -25% to $UST holders at the “Launch” snapshot - 10% unlocked at genesis, rest vested over 2 years thereafter -“Launch” snapshot to be taken at Terra Classic block 27.05.22 Am I reading this right? Going to be a whale game deluxe if the proposal goes through

🧵👇 Do Kwon and Terraform Labs defrauded the retail public of hundreds of millions of dollars *that they currently still have*. It came out of the pockets of LUNA & UST holders and went into their wallets. Here's why you should be mad, and here's what you can do about it. 🧵👇

@abd1allah @BrentLl0 @FatManTerra Buyers who got luna for under a cent in a hope to gain 1000x? Or buyers who are getting UST for 10 cents now in a hope to be part of airdrop? Yeah …why not compensate them🤦🏻‍♂️

@DYORify @BrentLl0 @FatManTerra What's wrong with compensating the buyers? They provided the ultimate liquidity.

🧵👇 Do Kwon just posted 'Terra Ecosystem Revival Plan 2' on Agora... Here's why it's a bad plan. 🧵👇

@indigo_loti @stablekwon @WestieCapital Totally agree, also those selling after depeg accrued just created more selling pressure and should not be compensated

@stablekwon @WestieCapital Those who sold after the depeg should not be compensated, they just contributed to selling pressure and are one of the reason the price never re-peg. People who bought few days after the depeg should not be compensated either, just speculating on low price…

@WestieCapital What if most of that the airdrop bucket went to people that held ust at both snapshots? Or the average of multiple snapshots where earlier snapshots are more heavily weighted?

@lickernomics101 @victorstuber @Route2FI We can only hope

@BrentLl0 @FatManTerra I think only those who bought before depeg and still holds it and didn’t panic sell should be compensated. Unfortunately it’s obvious that it’s impossible to make everyone whole, so it’s only fair to compensate those who didn’t add selling pressure or not buying now to speculate

@FatManTerra How do they completely step away from the original plan of making $UST holders whole? This new plan doesn't help with people that bought $UST when it was a $1 and held it in a stake account. I see those people (myself included) getting nothing out of this new proposal.

@victorstuber @Route2FI That is also true. I don’t support this proposal, my UST were stuck in aperture and only got unlocked today…I think it would be fair to only reward those who bought prior to de peg and during the de peg but not those who sold or bought it to speculate after

@DYORify @Route2FI What about us who held it prior to depeg and didn't sell? We're getting screwed.

@lianzhu365 @ApertureFinance Finally, we heard something from you guys. Appreciate that you are here and looking for solution to unlock those positions

1/ The $66M TVL on @ApertureFinance weighs heavily on our hearts, we had many sleepless nights. We feel the pain and frustration of users who tried to withdraw but got stuck. Since the Mirror lock contract issue occurred, we've been looking for ways to unlock the funds for users.

@_D3m1an @Cephii1 @ApertureFinance There is no liquidity to withdraw. It’s all been drained…hopefully aperture.finance users will be refunded together with other UST holders, but I am not sure about that

@Cephii1 Hi! Do you know how to withdraw the UST from @ApertureFinance ? We can't withdraw the UST since days.

Mirror.finance would have failed regardless of $ust or $luna since inflationary $mir incentives for LP provision were not sustainable. There was no long term incentive to take risks defending synthetic asset pegs.

@TerraLUNADaily This sounds fair to mee

The proposal on the official Terra Agora forum, authored by someone's name "Fatman" This proposal is now likely the most realistic and most beneficial solution out there Read the full proposal here 👇 agora.terra.money/t/proposal-tie… $UST $LUNA #LUNAtics

1/ The LFG.org board has voted to capitalize the @anchor_protocol yield reserve by 450M UST. Details here: agora.terra.money/t/capitalising…

@Route2FI No one mentioned Cyprus yet

Which cities in the world have the most vibrant crypto communities for builders & investors? Been looking into Lisboa, San Francisco, Dubai & Singapore which seem like good options. What are your personal favorites?

@Bitfinexed Just wait for a cumrag coin to be listed..that would be a hit

Coinbase listing two more shitcoins so that they can dump them onto retail suckers.

@SirRobArtII1 Wait a bit and #DOT #ADA #LUNA will flip #XRP

#XRP flipped DOT, LUNA, ADA and DOGE