5 / 7 pledges sealed on @solid_capa Season I.
Every season makes the 1,000 original crystals rarer — no new NFT collections. Ever.
Join me → https://t.co/qHxA33J99Z
@RealInterchain Cosmos governance is supposed to imitate a representative democracy strengthen and enforced by laws. As every lawyer knows, laws are interpreted not by what is logical but by collective human experience throughout history.
@SumoLuna $UST as Decentralised stable coin is as strong as its weakest link. Now, it's the $ANC governance vote. The $75M wallet hold so much power, terra defi is at its mercy. This is not the future of money.
@stablekwon Very expensive mistake for TFL and $ANC. Shld handle it as a brand reparation issue, just like what car manufacturers, just $9 million restitution. Now, viability of $ANC is questionable, yields reserve is falling like a brick, moreover, said governance vote opens a can of worms.
@Eric20Token@HypnoCryptotic@anchor_protocol@MIM_Spell It's the Brand, TFL should pay. Need to continue to sustain the Brand until insurance takes over. That wallet should make counter proposal before voting. A can of worms have open because of a NO vote. Shows $ANC heavily influenced by one wallet.
@HypnoCryptotic@Eric20Token@anchor_protocol@MIM_Spell No Ozone, TFL should pay, until then. A governance vote, opens a can of worms. $SPELL/$MIM becomes a clown with their #occupydefi posturing, turns out no due diligence Kash and Alice, Tiik, opens to regulatory scrutiny as it shows that $75million wallet have so much power.
@HypnoCryptotic@Eric20Token@anchor_protocol@MIM_Spell TFL should pay for the restitution of liquidated Bluna due to the oracle price bug. It's the Brand, TFL is the main sponsor/deployer of $ANC code, since it's a defect in the code. Plain and simple, just like car companies issuing a recall for a manufacturer defect.
@mcantieri $ANC is a failed experiment in defi. TFL should claw back the funded yield reserve. Governance vote is now a joke. How many protocols in Terra can be criticize as their TVL is under the control of one wallet.
@danielesesta Yey, they continue to prop up the one greedy wallet controlling $ANC governance. #occupydefi
What a joke! $SPELL just another ponzinomics. Just wait when the one wallet in $ANC rekt them.
@FreddieRaynolds@daftcryptopunk @EvanNGilbert @arrington@stablekwon@CFAinstitute Again, read the suit. It is not SEC that served the subpoena. It's an agent through rule-breaking and irregular process. It is DO's position that he was not served at all based on these facts. @CFAinstitute vet properly its candidates and people who attached CFA on their names.