I do have some things to say…
Repegging assets is not an easy task and it will require a few things to be done in this regards.
It has always been a question that the community asked if they were in contact with CZ or another wealthy crypto person who could bail us out. It may not be the full amount, but a percentage of the total amount would help a lot.
A suggestion is to sell all the bored apes so that we can make up a small portion of the repeg costs. My recommendation is to partner with Logan Paul and sell them on https://www.liquidmarketplace.io/, which will bring a lot of free marketing and publicity. The price of ONE could sky rocket do to this.
In addition, I would like to suggest that the gas fees be increased for a year. I wouldn’t mind paying $0.50 per transaction if this helps the chain prosper and pays back investors who lost money. Further, now that we receive 10% from staking, I don’t mind if this drops to 7% for a year and the 3% goes to reimbursing those in need.
A question to Steven is how much Harmony, not fiat he is willing to give/use to do the repeg?
Another suggestion, some investors who have lost money might be ok with not getting their money back in full. Each wallet affected by the hack should have a form that allows them to sign up and choose how much they want to receive back. For example, if they have 1,000 1USDT, they can choose to receive 100% or a smaller amount like 90% which is 900 USDT. This will help to pay them quicker or not pay them at all encase we cant find 100M to cover the loses.
I also think that they should ask for the community’s help with a donation to cover up the loss. I know many might not be happy to do this, but I personally would make a small donation if it would help to solve this issue.
Lastly, I just want to say that I have been an investor in this chain for over 2 years and have a question about grants. Non-investors join just to receive a grant for something silly like Vegan African DAO of 50k, while investors gain nothing. My vote is against this, and we don’t want you to offer grants when you know that they will not add value to the chain and the price will drop due to sale pressure. So I hope he can speak about how he will go forward in regards to this as well.