FatMan

In my personal opinion, given the purpose of the emergency budget, an unbiased steering committee must be formed and should allocate at least 50% of the budget to projects like this - new builders loyal to Terra who have been wiped out and need to get back on their feet. (5/17)pic.twitter.com/HHrZZ6FVZP

On the other end are the 'TVL maxis', opining that protocols with the most value on Terra 1 deserve a higher proportion of the emergency budget since they will likely bring more value to Terra 2. This line of thought is being pushed almost exclusively by Delphi & Do Kwon. (6/17)pic.twitter.com/o15ZocygXX

Fights often break out across the chat and the chat has to be put into slowmode from time to time so people can calm down. For example, here's an exchange between Nexus and Stader, both fighting for a piece of the pie under both distribution models. (8/17)pic.twitter.com/tEYVeC2Mtq

In this exchange, Stader is asked a direct question relevant to their entitlement to the emergency fund, and they skirt around it - as you can see, greed is rife, and the immediate goal of getting builders back on their feet is not being thought about in the right way. (9/17)pic.twitter.com/FbFnwsxQsh

Here are some examples of great projects that may be unfairly cut out using a mostly-TVL-based method, and it makes sense to me that a neutral committee of trusted community members is formed to make decisions about allocations in a holistic manner (for at least 50%). (10/17)pic.twitter.com/ui1mYr9vcA

This voice summarizes the discussion quite well. Terra is hurting, and it's vital, now more than ever, to protect small teams & small builders who are passionate about the community. Having them move to other chains out of necessity will cause an irreparable rift. (11/17)pic.twitter.com/yPMsM86wEd