BURN is, in my opinion, the best proposal for LUNA. What are your thoughts on it? What will happen next, and which proposal will be approved?
Same here, token burn is the best proposal for Luna to recover its value but the question is, is there a fund to buy the token to be burned?
Now its officiall, $LUNA will be airdropped across $LUNA Classic stakers, $LUNA Classic holders, residual $UST holders, and essential app developers of Terra Classic:
Token distribution details can be found in the governance proposal, but to summarize:
● Community pool: 30%
● Pre-attack $LUNA holders: 35%
● Pre-attack $UST holders: 10%
● Post-attack $LUNA holders: 10%
● Post-attack $UST holders: 15%
More info:
https://twitter.com/terra_money/status/1529451631263174656I wonder if this new Terra will be accepted by new investors. I will definitely stay away from any project Kwon is related to. I believe launching this fork will put the Terra founders in a more difficult situation especially when a lawsuit is filed against them.[1]
[1]
https://cryptopotato.com/terra-co-founders-face-lawsuit-from-korean-ust-and-luna-investors/