After the collapse of Luna, tens of trillions of tokens were minted, and the combined chips of the founders, investment institutions, and project parties are worth less than 1 dollar. $BTC
Where did these minted tens of trillions of tokens go?
After Binance took over, minting was stopped, and these tokens were renamed to LUNC.
On-chain reforms were implemented, with a 0.5% burn tax on every transaction, allowing for deflation with just a small number of transactions.
Exchanges support this, with Binance burning 50% of the transaction fees.
No new issuance, and staking mining rewards come from 10% of the burned transaction fees; the more burned, the higher the mining rewards. Currently, price fluctuations are significant, burning is intense, and mining yields can reach up to 16%.
This is a blockchain that is 100% minted by retail investors.
LUNC is similar to BTC in this regard: there is no founder, no foundation, and all development, proposals, and decisions are made by token holders.
$ETH Ethereum Genesis 50% was allocated to investment institutions, foundations, and founders, resulting in a large amount of free chips. Retail investors only get a share of the leftovers.
SOL $SOL Genesis 90% was allocated to investment institutions, foundations, and founders, resulting in an enormous amount of free chips. If retail investors are not losing money, who is losing money?
LUNC has exchange support, has DeFi, has NFTs, has deflation, has memes, has stablecoin USDC, with a very low market cap, three years of price stagnation, and a monthly line reversal. What more do you need?
Woke up and saw that I had been liquidated... My sister liquidated two thousand U, breaking the record of zero liquidations for several months! Although two thousand U is also profit, I am sorry to the fans who trusted me; your losses are real money 🙁🙁🙁 This feels worse than my own heavy liquidation. The market was protected and pumped from 0.19, enticing shorts up to a maximum of 0.45. How many times is that? My mindset was affected! When it retraced, we were actually in profit, but I wanted to help you all make a big profit and eat well, so I chose not to cut losses and gambled on the market delivering big goods, which turned out to be the biggest mistake 😔😔😔😔 I was played around by the market 😔😔😔 After months of profit, the current profit has retraced by 30%, which is very frustrating. At this point, there's not much to say; no matter what, in the future, I’ll just make sure to set stop losses when opening positions! Always remind myself to set stop losses when opening positions, and work hard to recover the lost profits 😤😤😤
#币安Alpha积分 Little leeks call for those who don’t have enough aipha points, don’t rush to brush them! It’s not clear whether $SIGN will airdrop on the 28th! (It is estimated that the threshold will still be 45 points this time)! Comment in the comment area whether the threshold will be higher than 45 points this time, and I will randomly airdrop 5 US dollars of pork trotter rice to one person! I think the official intention is to let leeks pay attention to the aipha sector and want to pull this sector, rather than let leeks brush points and get counter-moneyed! ! ! Pork trotter rice is also a meal, everyone will have a good life after eating it.
ZORA is one of the worst projects! Previously, the gas fee for buying NFT was 1058 USD (when Ethereum was still 3K), and now the airdrop received is 3U .... Damn
This time, the wallet TGE subscription for #TGE can finally enjoy a meal at Haidilao, after several rounds not meeting the requirements! In the future, can Alpha include holding BNB in the points calculation?
For those who bought #bank to increase alpha trading volume, are you feeling the pain? The price has been halved and then halved again, and the gains are not enough to cover the losses. Learn from the experience; you can’t be reckless even for the sake of profits. Always pay attention to the candlestick charts, identify the right entry points, or buy and sell immediately to minimize losses, but avoid being completely wiped out! $BNB