As #LUNC holders, I ask you to use your Twitter might, to get his message out
•Quote this tweet and add other alt coin hashtags to gain exposure
•Screenshot the message and post as your own
Our greatest strength as a community is our voice, please do your part and use it
Looks like @FatManTerra was going after the wrong guy...
"U.S. prosecutors in Manhattan are examining the possibility that Mr. Bankman-Fried steered the prices of two interlinked currencies, TerraUSD and Luna [#LUNC]" https://t.co/yq1myRHgrh
I'm excited about the token @LbunProject is working on. It's being built on #LUNC for the purpose of funding TR, burning #LUNC and having a weekly raffle.
I'll keep you updated when it's live and I'll be doing some giveaways with it too.
I've mentioned this before, but #LUNC, #Luna, and #BTC are closely following a lockstep relationship.
I imagine a worst case bottom for #BTC around $5000, so by extrapolation, I'm going to set #LUNC buy orders down to .00005.
Definitely NFA, just a bear market buying plan.
Mr. CZ, the #LUNC community would like to know if you approve of us using 50% of the total weekly burn to deposit funds to the community pool for the purpose of financing L1 development of our chain.
Everyone seems fearful of what @binance will do if we allocate a greater percentage of the #LUNC burn tax to building. As a businessman himself he knows that building > burning. Scarcity alone doesn't create demand, utility does. I think he'd be happy about it.
The choice is simple, we take half the money @binance is investing in #LUNC through burns and build our chain, or we decide to abandon utility and become a meme coin. Without investment there is no utility.
I've been a small business owner for over many years and there's nothing more important than investing in your business if you want it to succeed. That's what this proposal will help us do.
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This proposal's goal is to increase the community pool funding to 50% of the burn tax. This will mean less burns in the short term, but more burns over the long term as we are able to build something of value.
Volantary donations haven't worked, so the only way I see is to decrease the amount we're burning now and pay our devs with that money.
10% of the burns are currently going to the community pool now, which isn't enough to fund Terra Rebels on a continued basis...
In order to move forward quickly, we need to pay them. We hoped for a windfall with the multisig wallet but now it seems we might take on legal liability by accepting those funds.
So how do we get our devs paid and build a sustainable burning system?...
chain to the latest version (parity with #Luna).
Once we have parity, there will be many dApps who can deploy on our chain. We need parity soon right , the sooner the better. The problem is we have devs who have been working on the chain for months now without pay.
The clear way forward now is to burn through utility, to have dApps that will attract users to our chain and burn through transaction fees. The more popular our dApps, the quicker we burn. The problem is our chain isn't up to date with the Cosmos, so we need to upgrade our...