/biz/ - Business & Finance

>>53305619
LUNCHADS RISE UP

>>53278529
He will most importantly also rope. B A B O O N A

>>53269624
>>53271772
Based boona bro.

>>51639402
LUNCHADS WE RISE

>>51359901

The response to the "staking rewards will nullify the burn!!!" FUD is that LUNC staking rewards are distributed from the staking reward pool currently at just above 300B leftover from the depeg event NOT FROM NEWLY MINTED COINS.

You can track the staking reward pool here: https://luncpenguins.com/wallets/holdings.html?wallet=terra1jgp27m8fykex4e4jtt0l7ze8q528ux2lh4zh0f

At the current rate, it will take over a year to exhaust the reward pool according to the latest HCC video.

Bottom line: STAKING REWARDS ARE NOT FROM NEWLY MINTED COINS AND ARE NOT INCREASING THE SUPPLY

>>51051810
Staking restores governance; Terra Classic is PoS.

>>50899966
>So yeah, forgive me if I am getting a little antsy seeing those tokens I actually want to hold appreciate while this does nothing but crab.

Then write about it in your diary. /tlcg/ is for news and funposting. No one wants to read "guys I'm feeling nervous :(" posts.

>>50727767
>he is oblivious to the interdimensional reptilian jewish/pajeet alliance to FUD LUNC

ABSOLUTELY bluepilled

>>50417010
I disagree at the 1c stall.
I think the FOMO will be real as fuck once it crosses 1c and we'll see 90c that same week (if not day). After that I think it will do what Doge did and stall before $1 before a crash.
All of this will be amplified by a very public burn by CZ

>>50402199

19 mil Vincent baboona stacklet here wagmi

>>50368115

>>50368025