# Recovery One - Community governance for depegged tokens **URL:** \ **Category:** Announcements\ **Created:** [August 10, 2022, 9:59pm UTC](https://talk.harmony.one/t/recovery-one-community-governance-for-depegged-tokens/21104 "2022-08-10T21:59:11Z")\ **Posts on this page:** 1\ **Showing post:** 276
**Author:** ![babakajone](https://avatars.discourse-cdn.com/v4/letter/b/e68b1a/32.png) [@babakajone](https://talk.harmony.one/u/babakajone)\ **Post date:** [September 7, 2022, 7:25pm UTC](https://talk.harmony.one/t/recovery-one-community-governance-for-depegged-tokens/21104/276 "2022-09-07T19:25:02Z")
> [@TrickLuhDaKidz](#): > > I’m very much concerned if this proposal dies, then all recovery plans will subsequently die as well. And then, well, Harmony will also be dead if there is no recovery and no defi on-chain. I think you presented a very fair take of the situation in the last few posts so I will attempt not to be repetitive and I would give Matt and others the benefit of the doubt to answer my questions already posted here as well. **Alternative Proposal** We need to come to terms with Stephen Tse 1.0 and if they could just absolutely maximize the treasury utilization with 100% of all funds (the inflation, treasury allocation, and anything else that can be included such as a BAYC auction) will go to improve Stephen’s proposal. Everything they can to improve either the repayment time or reduce inflation. 100% to the victims in ONE at the highest possible reimbursement rate with repayment beginning immediately approved by a snapshot vote of ONE holders. It’s the best we’re going to get. And it provisions 86M ONE for AAVE, Tranq, etc. --- _[View the full topic](https://talk.harmony.one/t/recovery-one-community-governance-for-depegged-tokens/21104)._