$LUNA Always keep in mind that Terra 2.0's 7% inflation rate means that by December, another 50 million+ coins will be minted and added to circulation. They're already struggling with an 80 million market cap, and providing even higher apy apr rates than the Anchor Protocol itself at 20% just shows they haven't learned a thing.
$LUNA If Terra 2.0 continues to focus on developing high APR and APY, they will die. They're making the same mistakes as before with the Alliance Protocol. High APR was around 20%, but now it's two to three times that with Alliance Protocols. According to do Kwon, investors see Terra as the golden crown and are therefore staking and being exploited. No major venture capitalist will ever invest again because they're stuck with the same issues that led to the crash. On top of that, there's the new inflation approach of Terra 2.0, which is completely unproductive for retailers.
The new Anchor Protocol is a liquidity alliance, the new protocol of Terra 2.0. No developments whatsoever will take place in the entire four years. Terra will die if nothing changes in the next month.
$LUNA If Terra, after what they said about investors and staking, continues to focus on developing the same mistakes they made before, luring investors into staking but not withdrawing the staking coins from circulation, it doesn't matter how much they pump; they're still manipulating the price performance of their own chain.
High apr apy only indicate losses, nothing further.
$LUNA One should no longer support inflationary coins; that's the biggest mistake in the entire crypto space. Inflationary projects only aim to enrich themselves instead of the investors who contributed money. @Binance Labs
$LUNC While one can certainly praise Binance's assistance, what's unacceptable is their profiteering from the community that lost everything by reducing the 1.2% burn tax to 0.01%, and then only 50% of that. Binance has so many wallets that process transfers outside of retail transactions but pay no burn tax whatsoever. If they paid the same fees as retailers, retailers would be on equal footing with institutions, exchanges, and whales. But that's not the case.
$LUNC Yes, C.Z. supported Luna Classic Burns. But he didn't support the fast burn; he was the one who reduced the burning tax from 1.2% to 0.01% and only burned 50% of that as fees. When the community made off-chain burning available on exchanges, it was precisely these people who prevented it from burning so massiv, 🤷🏾♂️🥱 not to mention all the whitelisted wallets that trade without fees, like B&Nance.
$LUNC Lunc will go back this month to the point before it pumped If no massive liquidity is injected, the stock exchange's algorithmic bots will bring it down again.
$LUNA Don't forget, Luna Classic crashed because the supply contained a hidden infinite coin minting. Hyperinflation. Now Luna Classic is deflationary, but Terra 2.0 is inflationary again.
$LUNA lunas Supply is over 1.22 billion, not 1.18 billion. Please, Binance, ensure that your launched projects comply with the listing requirements and keep the blockchain data updated at all times. @Binance Labs
$LUNC The only true solution for USTC and Luna Classic is to provide a trading pair on CEX: Lunc/USTC. These two pairs must be traded against each other by users, thus generating a massive volume surge. These fees should be 100% burned for the community, not just 0.01% as before. No exchange should continue to profit from fees at the expense of a community like this, which has lost everything. Even with the small burn that BNB provides, making the Lunc/USTC trading pair available ensures that the Market module is at least being used properly, even if it operates off-chain.
$LUNA Luna is still falsifying the actual circulation supply. They're not drawing the nearly 400 million coins from the circulation that are staked, and they're not deducting the community pool, which isn't in circulation, from the supply. They're minting almost 300,000 new coins daily. This lack of transparency in this chain is breathtaking. I really wonder which listing requirements are even being met here anymore.
As I mentioned two years ago, if you want things to change in your favor as retailers, you should follow someone else and listen to what I tell you, or what people who gave up trying to tell you something and put you on the right path have told you. But as long as you follow random influencers on X or the Square and copy everything that's unrealistic, and you'll stay that way until you follow the right people, keep dreaming and remain unrealistic.#KelpDAOExploitFreeze #StrategyBTCPurchase #WhatNextForUSIranConflict $LUNC $USTC
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$LUNC If bots weren't constantly draining all the incoming liquidity through purchases, Lunc would be so much further along. But as long as these algorithmic bots are active, no investors will become active. 😊 Mark my words: we will only become active again when certain trading activities that target retail investors change and cease.