FatMan

This may be hard to implement, but if @stablekwon has a direct line to exchanges and can get verified data, I think refunds should be done pro rata. If you had UST pre-depeg and sold it for $0.49 on an exchange, your refund is $0.51. If you held all the way through, you get $1.

Around 40% of people who had savings in Anchor panic sold at least a portion of their UST in order to salvage something while the ship was going down and misinformation was rampant. They should not be punished.

I somewhat agree that panic selling should entitle one to nothing from the perspective of a claim on UST since a panic seller made the decision to do so but as we discussed the tort action may be available.

Couldn't one argue that up until the burn mechanism was disabled, anyone selling under peg did so at their own disclosure? As the promise of swapping 1 UST for 1$ worth of Luna was available and working.