Terra Ecosystem Revival Plan 2
https://agora.terra.money/t/terra-ecosystem-revival-plan-2/18498
https://twitter.com/stablekwon/status/1526258275506786304
Lol.
look this point:
Fork the Terra chain into a new chain without the algorithmic stablecoin. The old chain to be called Terra Classic (token Luna Classic - LUNC), and the new chain to be called Terra (token Luna - LUNA)
lol. Bailout into next cash crap
Token Distribution
1,000,000,000 Luna tokens
25% - Community pool, controlled by staked governance
1% - Essential Developers emergency allocation. No lockup
4% - Essential developers (1 year cliff, 4 year vesting thereafter, granted after launch traction)
35% - All bonded / unbonded Luna, minus TFL at “Pre-attack” snapshot
For wallets with < 1M Luna: 1 year cliff, 2 year vesting thereafter
For wallets with > 1M Luna: 1 year cliff, 4 year vesting thereafter
10% - Luna holders (staking derivatives included) at the “Launch” snapshot - 10% unlocked at genesis, 90% vested over 2 years thereafter
25% - UST holders at the “Launch” snapshot - 10% unlocked at genesis, rest vested over 2 years thereafter
lol. no snapshot date? so from current holding? from a random past date?
Who knows most likely some date VCs like.
Overall very interesting.
If this shit pumps and degens use it again, why not blow up hive as a massive Ponzi, everyone gets rich and restart.
Print HBD, pay promoters and exchanges with it, print more and more and more and more.
After collapse " sorry we dont know it better"
and fork. like before the chances. New investors get nothing, Old are rich + have a good social chain.
Fun and jokes besides.
What does Luna boys think?
People are not that dump, maybe they are. But not the people that pump it.
1 Billion Tokens
5/27 is the network launch. LOL
very centralized it looks like.
opinions?
Concerning the talks of a fork. A Terra chain without UST, hmmn, I’m not sure how that will look for Luna.
Still on these talks, so Terra classic, why is there even a need for a Terra classic at all? Who’ll be using it as opposed to using Terra?
Posted Using LeoFinance Beta
Considering how things are playing out, I think LUNA is dead because nobody will really feel happy with any of these decisions. Even if they fork, how many of the apps there will even follow along?
Posted Using LeoFinance Beta
I say they will likely keep it alive, I don't know if it will thrive again, might just hang out indefinitely like EOS
or like a lot of past bullrun coins :D