TerraHaberTR
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The topic that concerns the Terra Classic community the most in the hearings between TFL and SEC was the burning of $LUNC and $USTC supplies.
✔️ Funds locked in the Shuttle Bridge were burned.
✔️ #LUNC and #USTC belonging to the Luna Foundation were burned.
⏰ We are waiting for TFL's burns. TFL will also conduct burns. The $LUNC and $USTC in TFL wallets will also be burned. (Other Terra Classic assets will also be burned)
These decisions are in the court documents. TFL had burned all $LUNA coins it held under this decision.
Why is the burn delayed?
I DON'T KNOW! Terra had a massive ecosystem. There are hundreds of wallets. Identifying these wallets is not easy. Obtaining court approval is not easy. They will burn when the time comes.
Why was LUNA burned quickly?
It was easy to identify. It was in a single wallet. They burned it easily.
⚫️ No one cares if we are impatient! We have to follow the process. We also saw the burn of 1.86 billion $USTC. The process continues. What needs to happen will happen. Our greatest strength is patience!
#TerraClassic
✔️ Funds locked in the Shuttle Bridge were burned.
✔️ #LUNC and #USTC belonging to the Luna Foundation were burned.
⏰ We are waiting for TFL's burns. TFL will also conduct burns. The $LUNC and $USTC in TFL wallets will also be burned. (Other Terra Classic assets will also be burned)
These decisions are in the court documents. TFL had burned all $LUNA coins it held under this decision.
Why is the burn delayed?
I DON'T KNOW! Terra had a massive ecosystem. There are hundreds of wallets. Identifying these wallets is not easy. Obtaining court approval is not easy. They will burn when the time comes.
Why was LUNA burned quickly?
It was easy to identify. It was in a single wallet. They burned it easily.
⚫️ No one cares if we are impatient! We have to follow the process. We also saw the burn of 1.86 billion $USTC. The process continues. What needs to happen will happen. Our greatest strength is patience!
#TerraClassic
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