The information presented in relation to Luna is not entirely correct and the funds owned to safeguard the peg are help by Luna Foundation Guard which is a not for profit organisation. It is important to note that in South Korea what Luna is doing is legal and regulated so things need accountability.
Furthermore, if the proposal is to be similar to what Luna is doing to safeguard their peg then I would highly recommend reading my blog today that shows HOW it is doing so. Avalanche Acquisition and Breaking Luna News
It isn't going to be used as a pump it has a completely separate model that I think would work really well but you also need to address Hive's barriers being the lack of SMTs and the inability for us to be interconnected with other blockchains.
To do what Luna is doing and successfully would require a hard fork and one I think Witnesses should be looking into. We need to open Hive's door.
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