What is the proposal - I am proposing to buy LUNA for 0.1 ETH worth and hold it till the dollar peg is stabilized and it makes 5 - 10x.
Background - LUNA was a top 5 L1 protocol and its stable coin got attacked by exploiting the gap they had in their algorithmic stable coin. This got drop in the price of LUNA as well as algorithm tried to balance the peg and the panic sell followed. But LUNA is a good project, just that it was exploited.
Next Steps - Buy LUNA for 0.1 ETH and hold it till we 5 - 10x or if LUNA stabilizes then sky is the limit.
Downside - there is always a risk that 0.1 ETH can go to 0 and we loose all. But i think its a risk worth taking if UST peg is stabilized then with time this 0.1 ETH can easily do multifold return