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File: 38 KB, 1060x440, wlunc_contract.png [View same] [iqdb] [saucenao] [google]
51490990 No.51490990 [Reply] [Original]

A continuation of the last thread, that was recently archived.

Part 1: >>51370173
Part 2: >>51419540
Part 3: >>51455748

You can still apparently buy WLUNC on Uniswap, or by using the swap feature on Metamask.

>> No.51491214

>>51490990
bUMP

>> No.51491284

Holding some just in case something fucky happens with this

>> No.51491414
File: 9 KB, 845x191, wluna_top3holders_16.09.22.png [View same] [iqdb] [saucenao] [google]
51491414

>>51491284
Yeah, Coinbase is likely up to something. Looks like they have access to -- or maybe they own -- 58% of the total supply of WLUNC themselves. There is a rumour that they will re-list, but under what circumstances I wonder?

>> No.51491502

>>51491414
Holding on coinbase or you holding somewhere else?

>> No.51491576

>>51491502
I've got my WLUNC on Metamask.

>> No.51492007

Daily reminder that 1 WLUNA (or WLUNC) equals 1 LUNA, and vice versa.

>> No.51492313

not sure if missing something or this is nonsense
i only have a basic understanding of solidity (eth contract language)
yes, it says "LUNA" not "LUNC" in the contract, but this is a string that has no significance
the price is set by supply and demand on the token (and liquidity available)
its price is not set by reading the price of the symbol named within the contract
you're simply buying/selling the contract 0xd2...a9
anyone can make a contract, and they can use whatever symbol they want. That's why you always check the address.

someone please fill me in on what i'm missing here

>> No.51492355

>>51492313
What keeps a wrapped token pegged to the value of the original?

>> No.51492486
File: 98 KB, 800x445, riddler.jpg [View same] [iqdb] [saucenao] [google]
51492486

>>51492355
idk, arb bots?
you can just say it instead of responding to my question with a question

>> No.51492610

>>51492486
There’s only Billions of WLUNA. But there is trillions LUNC don’t be stupid anon. Which one do you think is getting on the ark?

>> No.51493446

>>51492486
I don't know the answer either

>> No.51493489

>>51492313
>>51492355
someone needs to find where the contract address leads to.
>>51492355
arb bots keep it pegged to the value of the original.

this whole WLUNC = 1 LUNA is predicated on the contract sending/receiving to the 2UNA address which so far I don't think we've seen proof of yet. Coinbase DOES own a majority of the supply and it is in their best interest to relist once there's more hype/movement so they can get their fees from trading. Now going back to the earlier statement of arb bots keeping the price pegged to the original, WLUNC has had a consistent 10% price lead when LUNC pumps or goes up, what does this mean? Could be nothing could be someone is trying to buy as much WLUNC as possible during the LUNC pumps for whatever reason. Nothing is known until the smart contract that is in charge of handling WLUNC is read to show that it is 2UNA that it spits out

>> No.51493521
File: 353 KB, 1000x1000, wlunc_contract.png [View same] [iqdb] [saucenao] [google]
51493521

>>51492313
Apparently WLUNA/WLUNC is pegged to LUNA by name, not contact address. That's why the contract is such a big deal.

>> No.51493581

>>51493521
this seems too stupid to eventually work. like how is it going to call those prices/tokens in whatever bridge? the thing about smart contracts is that they're immutable but this just seems too fucking silly

>> No.51493604
File: 50 KB, 498x412, 1663429377624213.jpg [View same] [iqdb] [saucenao] [google]
51493604

>>51490990
Every time I get sick of TA and fud nignogs in LUNC general, I remember I have WLUNA and smile

>> No.51493644

>>51493581
But the thing is that WLUNA (or WLUNC) were apparently an afterthought when they rushed out the new LUNA. They didn't HAVE to call it LUNA, but they did. The ticker for the new LUNA is technically what's being pointed at in the contract of WLUNA/WLUNC.

>> No.51493746

So if I want a bajillion dollars, all I have to do is make my own shitcoin with a huge supply and put in the contract that it's equal to some other crypto? Damn free money glitch how did no one think of it

>> No.51494296
File: 2.67 MB, 246x251, 1657599282519.gif [View same] [iqdb] [saucenao] [google]
51494296

>>51493746
Yeah, it's that easy. All you have to do is peg it to Bitcoin and you'll be a trillionaire overnight.

>> No.51494879

>>51493581
We are still in clownworld, why wouldn't you throw some gambling money at it?

>> No.51495509

>>51494879
I agree, too much weirdness around Wrapped LUNA Classic to ignore.

>> No.51495933

>>51492313
Apparently there could be legal reasons for exchanges that provided WLUNA such as Coinbase to peg WLUNA to 2UNA. That's really the only way this would work since there'd be no other reason for Coinbase to buy up such a large supply of the token unless they're going to burn it all

>> No.51496031

What's the difference between WLUNC and LUNC? are they the same? Is this the reason why its pumping?

>> No.51496082

>>51493746
Respect the contract, ser.

>> No.51496637

>>51494296
that's a hot man
gonna buy and fuck im if wluna becomes 2una

>> No.51497703

Bump

>> No.51498309

>>51493489
>WLUNC has had a consistent 10% price lead when LUNC pumps
Yeah I thought it was weird too how through this whole thing wlunc has been consistently higher in price than lunc. But how do we find out if wluna points to the 2una contract? We have the screenshots of the name.

>> No.51498604
File: 1.44 MB, 1024x676, 1663509347343835.png [View same] [iqdb] [saucenao] [google]
51498604

Oh my god it's so over

>> No.51499055

rich club

>> No.51499925

GUYS DO YOU THINK IF THEY VOICES ARE CORRECT THAT THEY WILL GO AWAY!?
EVERY SECOND OF EVERY DAY THEY TALK ABOUT FISH AND THE MOON.
>WLUNA…IS…2UNA
>WLUNA…IS…2UNA
>WLUNA…IS…2UNA
>WLUNA…IS…2UNA

>> No.51499966

OH ALSO
DONT FORGET BOYS
THAT FUDDER THAT LIKES TO VISIT THESE THREADS
WELL THE VOICES ASSURE ME THAT HE IS JUST A FAGGOT JEET STREET SHITTER

>> No.51500766

>>51499966
checked

>> No.51501840
File: 109 KB, 828x772, 1662974786815063.jpg [View same] [iqdb] [saucenao] [google]
51501840

>>51495933
I hope you're right.

>>51496031
WLUNC (or WLUNA) is LUNC (or LUNA) on the Ethereum blockchain.

>>51498309
I've noticed that as well. I thought it could be to do with the total supply of LUNC vs WLUNC?

>> No.51502666

>>51498604
Does he have anything to do with LUNC/WLUNC anymore? Fake pic, anyway.

>> No.51504450

>>51502666
Not sure, I assume he is/was more focused on the new LUNA and practically abandoned the old one, i.e. Terra Classic? Guess he is more worried about getting arrested and extradited, etc.

>> No.51504841

>>51500766
>>51499966
Same digits, nice
Also, checked.