Post
Topic
Board Altcoin Discussion
Re: $1.6 billion dollars turned to $2,200 - The Luna effect on Binance Assets
by
uelque
on 23/05/2022, 11:48:47 UTC

I am not sure how Terra will help Binance, but CEO Zhao requested the project team to compensate the Binance users for this down turn.

I don't think Terra can compensate binance users for what happened because the project team is surely in a big loss too plus they are having problems with how they can further save their coin. Plus there are millions of binance users. And I also don't think luna can ever recover from what happened, for me, there is a very high chance that it will just keep on going down no matter what the project team would do. It's much better for them to just start a new project and learn from what happened and try to make a coin much better than luna and then try to compensate luna investors somehow afterward if they can.