Post
Topic
Board Altcoin Discussion
Re: Luna holders will get new token.
by
jackg
on 13/05/2022, 16:38:47 UTC
All of their incompetence has done well to get coins delisted from exchanges so far...

If they are really doing this that means luna holders from pre-attack will get new tokens but what about those who buy later on exchange. People lost money when prices were continuously declining too.
I'm pretty sure the people who bought on exchanges would be fine with a rollback, as the coins they bought are pretty much zero already anyway lmao.

It does kinda seem like they'd be voting on theft though. UST was down less than 75% because of the attack, it dropped a further 50%+ because no recover plan was actually created from what I can tell (we could arge the whole 86% was due to a bad recover plan and a very overconfident ceo).

I'm not too sure on how they operate but could this not make bridges and liquidity pools incur losses?

I'm not sure how much was on other chains but I saw wrapped ust tradable on uniswap?



Regardless of the rollback, I'm not sure luna can really recover from this point. If they took the current chain, found the $12bn+ to back up at least the ust that was owned then it'd be more possible for it to "feel" like a blip.