Hey folks, here comes another proposal to reconnect the MM, $LUNC / $USTC .
The new proposal is basically about: NO minting of new tokens LUNC and USTC. However, the burning mechanism for both LUNC and USTC will be maintained every 30 days.
reserving 60% of the burns for the pool for that, and not immediately as it works in the current mechanism.
However, the proposal has its strengths and weaknesses, 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 have no better proposal regarding the MM, and we have been stagnant for more than 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 is basically about: NO minting of new tokens LUNC and USTC. However, the burning mechanism for both LUNC and USTC will be maintained every 30 days.
reserving 60% of the burns for the pool for that, and not immediately as it works in the current mechanism.
However, the proposal has its strengths and weaknesses, 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 have no better proposal regarding the MM, and we have been stagnant for more than 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.👍🏻
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BOB
Alpha
0.000000065642
-1.60%