Chance of LUNC burn happening?

So unwanted fork is here, what are the odds of LUNC burn happening at this point? Any chance at all?

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Its happening in mexc , community and we have 2 validators Luna Burn Club and Lunc Dao that are working on that.

We are walking on dangerous roads so we have to do this smart.

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Now that LUNC is separate, it can propose and act on any change it wants. Should be interesting to see what people vote for…

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I’m all for a good burn. However, we must also build utility in $LUNC

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This is key. Any proposals that will bring utility back to LUNC chain?

The differentiator (and a major one at that) is still UST, so I believe we should lean into reviving the peg (with a stronger alg + diversified stablecoin/BTC basket combo).

This will attract devs and expand the ecosystem, while riding under the LUNA 2.0 radar as non-competitive…until we’re ready to take back what’s ours.

2 Likes

How do we create this?