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Topic
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Re: Bet - Will major CEX do 'off chain' LUNC burns
by
nubcake_MeoW_
on 19/10/2022, 07:27:51 UTC
LUNC (Terra Classic) governance proposal #5234 has passed reducing the tax from 1.2% to 0.2%
(see https://station.terra.money/proposal/5234)

Clause 3 states:
Quote
3. If Terra Classic governance alters the on-chain burn tax to be less than 0.9%, or removes it entirely, the bet is considered void and both parties are refunded less an equal contribution to the escrow fees.

I also note again clause 6:
Quote
6. In the event of a dispute, the escrow provider will determine the ‘winner’ on their sole discretion but must rely on this agreement as the sole basis for their decision.
[Emphasis added]

For further detail please see my earlier posts above.

DireWolfM14 kindly confirm by reply that the refunds will be processed according to the agreed terms.