TerraHaberTR
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If the market module on the Terra Classic chain is activated this way; the chain will mint $LUNC again and start burning $USTC.
For each $USTC burned, there will be a minting of 1 $ worth of $LUNC. As long as $USTC is not 1 $ , the supply of $LUNC will increase significantly. The same situation occurred in the LUNA/UST attack. Terra tried to bring UST to $1 by burning $USTC.
What I want to say is; the coin that needs to be burned first has always been $USTC. A significant amount of $USTC has been burned. With TFL's burnings, the supply of $USTC will decrease by about 50%.
I believe that a large portion of the remaining supply has been collected from the market and is under control. I also take into account the $USTC in community pools, etc.
After USTC firmly establishes its peg, the supply of $LUNC will no longer matter, and there will be a significant increase in LUNC burnings.
If there is to be a recovery in the Terra Classic chain, it will be this way...
#TerraClassic
For each $USTC burned, there will be a minting of 1 $ worth of $LUNC. As long as $USTC is not 1 $ , the supply of $LUNC will increase significantly. The same situation occurred in the LUNA/UST attack. Terra tried to bring UST to $1 by burning $USTC.
What I want to say is; the coin that needs to be burned first has always been $USTC. A significant amount of $USTC has been burned. With TFL's burnings, the supply of $USTC will decrease by about 50%.
I believe that a large portion of the remaining supply has been collected from the market and is under control. I also take into account the $USTC in community pools, etc.
After USTC firmly establishes its peg, the supply of $LUNC will no longer matter, and there will be a significant increase in LUNC burnings.
If there is to be a recovery in the Terra Classic chain, it will be this way...
#TerraClassic
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