Post
Topic
Board Altcoin Discussion
Re: Luna holders will get new token.
by
tvplus006
on 16/05/2022, 06:55:02 UTC
...So, what should they do? Just use all they have, and I mean literally everything they have and throw at it buying UST and Luna and just burn it as soon as they buy it, which would make the supply limited. I am not saying that it would be easy, it will be quite difficult and even if they do this, they may end up with people who are selling and they may never recover but they need to at least give it a try to see what happens.

In this case, those who bought the coin before the excessive issue occurred will suffer. I support such a plan, which was outlined by Do Kwon, the CEO of Terra creator Terraform Labs: https://agora.terra.money/t/terra-ecosystem-revival-plan/8701, and is that it is necessary to roll back the blockchain to the moment when the issue of Luna amounted to $ 1 billion.