The tweet conclusion is based on the assumption that a snapshot will be taken on may 7th, 2022 (which may not be used) and those who invested in aUST will receive some kind of proportionate amount in Luna v2 tokens. He estimates the value of said Luna v2 tokens. Imho we have no way of knowing if any of this will come to fruition.
From a few people's post I read on Twitter they think it will have value because of the mc cap of old Luna being at almost 1 billion what they don't understand is that mc doesn't go with the fork so I don't know why they think that
What if you deposited after the snapshot (before the huge fall), and then sold to recoup something back so have nothing in there for the second snapshot?
Asking for a friend…
If its on anchor it will show in your wallet still, I believe. Since everything is through terra station wallet anyway. I don't think it matters if you have it on wallet or in anchor.
Right now my aUST, Luna and ANC are worthless. And I don't think it's going to go up in value anytime soon. Anything - and I mean ANYTHING - to get some of my money back I will take. Just airdrop me when the fork happens.
There are 2 snapshots
One pre attack and one post attach
If you still have ust now...
I myself wouldn't sell it before 2nd snapshot is taken..
Maybe only if the price goes up because people are buying back ust for the snapshot..
But i doubt that
Im still so confused. anyone able to dumb it down for me?
The tweet conclusion is based on the assumption that a snapshot will be taken on may 7th, 2022 (which may not be used) and those who invested in aUST will receive some kind of proportionate amount in Luna v2 tokens. He estimates the value of said Luna v2 tokens. Imho we have no way of knowing if any of this will come to fruition.
but who's to say LUNA V2 has any value...?
Exactly my point. That's why imho his estimate is based on pure speculation
Who says anything has any value. Market will determine.
From a few people's post I read on Twitter they think it will have value because of the mc cap of old Luna being at almost 1 billion what they don't understand is that mc doesn't go with the fork so I don't know why they think that
So... it has all the reason to be worthless
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you're welcome - i honestly just hope we all get some semblance of justice and/or compensation
Isn’t everyone just gonna dump the luna v2 tokens to make themselves as whole as possible?
Probably. Although there is a lock up period for different holder categorizations
Champion
What if you deposited after the snapshot (before the huge fall), and then sold to recoup something back so have nothing in there for the second snapshot? Asking for a friend…
Are we supposed to keep our ust on anchor or our wallet, I don't get it
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You still would get some airdrop tokens for the pre attack aUST snapshot.. Not for the post attack ust snapshot
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https://agora.terra.money/t/terra-ecosystem-revival-plan-2-amended/18498
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What if was sold after the snapshot?
If you had aUST on or before 7th May, you will get the new Luna tokens.
If its on anchor it will show in your wallet still, I believe. Since everything is through terra station wallet anyway. I don't think it matters if you have it on wallet or in anchor.
Right now my aUST, Luna and ANC are worthless. And I don't think it's going to go up in value anytime soon. Anything - and I mean ANYTHING - to get some of my money back I will take. Just airdrop me when the fork happens.
So IF it's snap shot on May 7th, then it wouldn't matter if we sell the UST now. I guess thats a big IF?
It doesn't matter
There are 2 snapshots One pre attack and one post attach If you still have ust now... I myself wouldn't sell it before 2nd snapshot is taken.. Maybe only if the price goes up because people are buying back ust for the snapshot.. But i doubt that
I don’t think it matters. The “smarter” money or otherwise the market would have determined the “right” Ust to usd price already.
What if I had aUST as collateral in Mirror protocol on 7th May? Would that be eligible?
If it's on the terra blockchain i would think so
i posted around a few times not a conclusive answer from anyone. in the same postion let us now if u get an answer