Burn The Remaining UST in the Community Pool + Cross-Chain Liquidity Incentive UST

is this still a thing?
when voted will this be executed?

Estoy de acuerdo, con una condición, quiero a LUNA libre, ya que vais a volver a imprimir billones, la quiero libre, sin ataduras de ningún tipo hacía el UST. Que eso ha sido lo que nos ha llevado a la ruina, la avaricia de cazar un 20% en APY. Aparte, quiero que se aparten 10M$ del fondo, para realizar una auditoría externa, para buscar y encontrar a los responsables de todo esto.

1 Like

Sudden purchase
BURN on this momentum

how to come to burn the UST will help LUNA still don’t understand to concept??

1 Like

So burning these 10% UST will make a 10% mint of new LUNA?

Why this hasn’t been done already???

2 Likes

tonight in 8 hours

no it will not. probably will lead to manual burning of LUNA too

but coming at the cost of the LUNA price? Can you explain to me what will happen.

Just out of interest - why would it lead to any burning of LUNA - if the linkage or peg is broken why would it have any impact on LUNA. Ty

This is a good point. This vote going through would only affect the price of UST since the link is currently broken/unconnected to LUNA.

I also initially assumed this proposal meant using the community UST to buy and burn luna, but clearly that is not the case. Perhaps this is what the above message(s) also presumed.

which is why we should all be amassing $UST right now

Indeed.

Does someone know what is the typical execution/implementation delay between proposal going through and it actually happening? Is there perhaps a website where one can monitor this?

I wonder if none of these votes matter at all anymore due to so much money being lost and people losing their interest/motivation regarding all of this due to that.

Now it says : “No votes yet” …

What the hell ? Is someone intervening ?

agreed - looks like it has failed? Even though it passed

1 Like

it disappeared.

This should not be possible!

1 Like

wow interesting, all the yes vote got wiped out?
this is really a decentralized community!

1 Like

The votes are still there. But somehow the results are removed

1 Like

No votes yet

But there are 51 votes on yes

image

2 Likes