🇹🇷 Does Voting and Proposals Work? Possible Scenarios:
#LUNC #USTC #TerraLunc 1. Reduction of Circulating Supply
Binance accounts for ~29% of the daily ~200 million USTC trading volume.
Total daily volume: ~400 million USTC
If 532 million USTC is staked, approximately 8.8% of the circulating supply will become inactive.
2. Price Stabilization
If supply decreases, price may stabilize or even rise.
The LUNC staking system rewards with both LUNC and USTC.
If USTC price rises, the dollar equivalent of staking rewards also increases → more LUNC gets staked → a cascading effect occurs.
3. Preparation for Market Module 2
Encourages the activation of USTC price oracles.
Facilitates the testing and implementation of MM2.
🇺🇸 If the Proposal & Vote Succeed: Possible Scenarios
1. Circulating Supply Reduction
Binance handles ~29% of the ~200M daily USTC volume.
Total daily volume: ~400M USTC
If 532M USTC is staked, about 8.8% of the circulating supply becomes inactive.
2. Price Stabilization
Reduced supply may stabilize or even increase price.
The LUNC staking system rewards users with both LUNC and USTC.
If USTC’s price rises, staking rewards in USD increase → more LUNC gets staked → a positive feedback loop.
3. Preparation for Market Module 2
Encourages activation of USTC price oracles.
Facilitates testing and implementation of MM2.