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1.
$luna 2.0 needed to align incentives between builders and community.
You cannot pay a debt with money you don’t have. $luna 1 was rekt.
It couldn’t be about settling a debt, you can’t start a new project carrying it
It was about creating value from all the broken pieceshttps://twitter.com/FatManTerra/status/1531675439667810311 …
Here's the thing. I actually like the points you made a lot and agree with a lot of them. However, I do think TFL needs to step up and take some responsibility when they cashed out billions from the project. Some of that should be put towards restitution. Wouldn't you agree?
(especially when you consider that the magnitude at which they cashed out directly led to the instability of the system as a whole)
Yea. I don't disagree. I think it couldn't be bad for the community to take over at this point, the authority figures are very polarizing, not in a good way. There's no coming back from that, it's like a big anchor that will drag you down.
I support Terra 2 - it will do great things. I support creating new value to benefit all investors, new and old. I do, however, have to reiterate that current leadership is incompetent & unethical. They must hand control back to the builders.
Luna 2.0 was a community project at the start before TFL & Do took over comms. The first governance proposal were fully from community.
Great discussion. Agree! T2 must be community run/driven/led. @stablekwon and TFL should be builders like the rest, but not THE chain like previously.
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