we are giving away some WL spots for our Gen 1 collection! ๐ต
to be eligible to win one, all you have to do is post your favourite LMB/Gen 0 monkee into our Discord along with his/her name and backstory. good luck! https://t.co/ZpO7rB61Hq
This morning, I have a thought for all the teams that have worked on Terra. The blow is enormous. No matter how and where, please don't give up.
Yes, you bleed today, but you are incredibly creative and gifted. High hearts and rockets on ๐
Much love โค๏ธ
$UST $LUNA #Terraverse
1/ The prevailing peg pressure on $UST from its current supply overhang is rendering severe dilution of $LUNA.
The primary obstacle is expelling the bad debt from UST circulation at a clip fast enough for the system to restore the health of on-chain spreads.
Vibe over here @LMBDAO as we prepare to ride out whatever wave crap wave is in front of us.
Big ๐ to the whole #Terra Community thats hurting.
We are with you and believe in the future of $LUNA , $UST, and Decentralization, even if it's not a short-term reality.
I started buying $Luna because of:
- itโs decentralized stable coin premise
- itโs potential for deflationary burn as $UST adoption grows
- a core community that is focused more on building more than itโs focused on short-term price action.
I still believe in all the above. ๐