Publicación
Hey guys, here comes another proposal to reconnect the MM, $LUNC / $USTC .
The new proposal basically is: NO minting of new LUNC and USTC tokens. However, the burning mechanism for both LUNC and USTC will remain every 30 days.
reserving 60% of the burns for the pool for this, and not immediately as it works in the current mechanism.
However, the proposal has its weak and strong points, and some validators have given their opinions by voting.
Well, in my opinion, this proposal should pass, not because it is perfect and will save LUNC bringing it to $1, but because we don’t have any better proposal regarding the MM, and we have been stagnant for over 3 years.
I hope that at least we return to $0.00025 with this, I leave here my recommendation: do not invest what you cannot afford to lose.👍🏻
The new proposal basically is: NO minting of new LUNC and USTC tokens. However, the burning mechanism for both LUNC and USTC will remain every 30 days.
reserving 60% of the burns for the pool for this, and not immediately as it works in the current mechanism.
However, the proposal has its weak and strong points, and some validators have given their opinions by voting.
Well, in my opinion, this proposal should pass, not because it is perfect and will save LUNC bringing it to $1, but because we don’t have any better proposal regarding the MM, and we have been stagnant for over 3 years.
I hope that at least we return to $0.00025 with this, I leave here my recommendation: do not invest what you cannot afford to lose.👍🏻
Aviso legal: Contiene opiniones de terceros. Esto no constituye asesoramiento financiero. Es posible que incluya contenido patrocinado. Consultar Términos y condiciones.