Conversation

Do Kwon 🌕
@stablekwon
Understand why this would be interesting to look at for gossip but not sure if its relevant to anything thats going on Korean govt needed money to shore up covid spending, creatively charged millions from crypto companies, and we paid our share in full - all there is to it
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Galactico
@jackdx16
Any chance TFL could have a whip round and donate some of their profits from this year to top-up the balance for the UST compensation plan..?
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FatMan
@FatManTerra
Are there any plans to release trade logs? Counterparties that were involved, any potential conflicts of interest, the exact details of the OTC blocks? This is one of the major transparency issues that needs to be dealt with given potential VC/board COI.
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Do Kwon 🌕
@stablekwon
We dont control the trade logs of trading partners’ granular trade execution - this is not how MM arrangements typically operate. But the amount of UST lfg purchased maps to the amount of BTC expended.
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FatMan
@FatManTerra
Sorry to sound cynical, but this feels like a cop out. This isn't about the trade structure. Who were the MMs you worked with? Did they have any sway over the board? Which VCs were allowed to cash out their UST/LUNA tranches, if such a thing happened internally? Any logs?
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Do Kwon 🌕
@stablekwon
No vcs were allowed to cash out anything - no backroom deals of any kind exist. we are trying to see if we can name counterparties in the trades, but confidentiality will need to be waived for us to be able to do this
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AlgoMoneyfest
@AMoneyfest
will you be able to lead this? There are people who believe you will face lawsuits & legal challenges in South Korea and Singapore. Could you please comment?
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Do Kwon 🌕
@stablekwon
As long as the last developer is writing code on Terra, I will be holding it together and working day and night to help her be as successful as possible.
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Douglas Soldal
@DouglasSoldal
Replying to
@stablekwon
@AMoneyfest
and 5 others
Maybe this has been addressed Seems if you did care about the Terra community, you wouldn’t start all over and instead try to salvage what there is currently. So next time, who takes blame when you get to wipe the slate clean again and everyone starts over but you get another 25%
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@franzaneli
Absolutely correct. Rebuild confidence in luna not luna 2 No one gets left behind that way. Fork a terrible idea
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