/biz/ - Business & Finance

>>56793387
obvious cover story for huge player accumulation before repeg getting set in motion

>>56644784

>>55678302
If I'm understanding correctly, the current idea is to repeg it incrementally using a model that siphons a rake (based on the percentage difference from the peg amount at the time) and adds that value back towards the next higher peg. Arbitrage opportunities and holding time-based benefits are used as incentives to drive volume and growth. The major exchanges are being worked with to solve the technical challenges of implementing this module. The exchanges are incentivized to incorporate the module by also getting a cut of the rake. I don't think any ustc really needs to be burned at all. When the module controlling the peg is proven stable and effective, we're gonna need way more than single digit billions of ustc, and that will be dictated by the value of the swaps from lunc (and likely other cosmos tokens).

>>54199258
tell us anon, what happened

>>53602510
CZ runs mindgames constantly.
Trillionaires also run this coin, Triad(Chinese Mafia) and south Korean nationals are in this they need Cosmos's financial layer (Luna classic)
They need the swapping utility + stablecoin combo

>>53403739

>>53269999

>>52866627

Your mind will take the shape of what you frequently hold in thought

>>51688699
He really is trying so hard, isn’t he? It’s almost sad. My resolve is unshakable. He’s screaming into the abyss.
Wagmi
$5 EOY

>>51666666
put me in the screencap my basterds!!

>>51646749
First. Wagmi. Fuck gcr

>>51645775
They’re all gonna fall in line now that papa bull has spoken.

>>51637663
>Can someone explain the off chain burn? I dont get why CZ just doesnt enable the 1.2% ,why did he created this mess of fees burn and confusing variables.
supposedly so he doesn't drive away scalpers/traders who operate on razor-thin margins.

>Are we going to burn slower?
yes. 1.2% burn tax is just that, one point two PERCENT per trade. this new burn is 0.1% per trade, so about 10x less. but that's OK, Binance has huge volume, hype has been reignited, and other cexes will probably join in now. WAGMI, it's just gonna take a bit longer.

>>51635200
>>51635344
Checked watch these dumb niggers fomo in again

$1.50 EOY

>>51628838
>This was your one shot. You had profits on the table. You should have taken them and gotten out. This shit is over.
>I'm not even short currently but I'd LOVE to get a nice entry again. So if you idiots want to keep buying then go right the fuck ahead.
why can't you accept that some of us aren't poor, and don't need to do a 2x or 3x? there's anons here who dumped a few thousand bucks in LUNC (myself among them) who want to gamble on that magical 10,000x. why is it so difficult to grasp for you that we can hold to 0 if need be if it means there's even a small chance of landing a moonshot?

I know most of the fud here is from shorting bobos, but some of you seem genuinely baffled that people have money they want to gamble on degen moonshots. were you not around for the BSC casino? I'm not even trying to bait you, I'd like a genuine answer as to why you think everyone needs to take a 3x and get out of a position ASAP, despite having the funds to gamble on it?

>>51536351
f*ck off Ranjeeshpur, these are business hours.

$1 EOY

Mac Tonight stack checking in

interlinked >>51433396

news and updates:
>kucoin ama sept 15
https://twitter.com/kucoincom/status/1569672245835927552/photo/1
>arrest warrant issued for do kwon
https://www.bloomberg.com/news/articles/2022-09-14/south-korea-seeks-the-arrest-of-terraform-labs-founder-do-kwon
>Interpol to extradite DK
https://coingape.com/interpol-to-extradite-terra-luna-founder-do-kwon/
>AMA with terra rebels and binance sept 22
https://twitter.com/LunaBurn_13/status/1569794887112859650
>current amount burned
https://luncpenguins.com/toplist/burns.html
>mexc interview with edward kim & vegas
https://twitter.com/MEXC_Global/status/1569655724174901249
>LUNChads read this
https://medium.com/@edwardkim.ek/a-path-to-recovery-for-luna-classic-e7ff076b28ab
>1.2% burn tax proposal has passed
https://classic-agora.terra.money/t/proposal-for-the-1-2-tax-parameter-change/46319
>WLUNAbros read this
https://www.binance.com/en/support/announcement/f14b7fc184b74237a9e68796a2939dec

/biz/approved and based validators:
>luna station 88
>stake.systems
>luncdao
>allnodes
other validators used by biz:
>btc.secure
>mcf

exchanges supporting offchain burns:
>coininn
https://www.coininn.com/luncBurnPlan
>mexc (burn event)
https://www.mexc.com/landings/VegasMorph

helpful links:
>How to stake on Terra Station
https://classic-docs.terra.money/docs/learn/terra-station/staking.html
>Staking rewards calculator
https://www.stakingrewards.com/earn/terra/
>HCC LUNCPenguins
https://luncpenguins.com
>Terra Shuttle Bridge is shutting down
https://twitter.com/terrac_money/status/1562404389872082944
>Bridge and unwrap WLUNA back to Terra
https://classic-bridge.terra.money
>Bridge Wormhole LUNA back to Terra
https://www.portalbridge.com

>LUNChads anthem (Listen 3 Times Daily to Sustain Pumps)
https://vocaroo.com/1fk7klnZQdct
https://vocaroo.com/1fk7klnZQdct
https://vocaroo.com/1fk7klnZQdct

>>51433679
4/4