They should have stopped trading or told people not to buy Luna when they weren’t able to handle the situation but they didn’t. Even if we receive 1000 new Luna in the airdrop, what will be the price of these tokens? $5, $7?
Building it into the transaction fees vs just buying $LUNA and burning it, which seems like what you keep talking about (and makes no sense btw). It’ll be painful for validators, etc but that’s where the funding comes into play to offset.
Only a burn during the transaction, a burn fee.
The more buyers the more burn the better value.
Could take for years to recover, but that would be a healthy recover.
1b USD will buy 6trillion Luna , he can buy the whole Luna supply with the reserve money and burn them to get back to a 1B Luna supply. CZ is right it’s the only way to get back value to LUNA and UST but it seems like Kwon don’t want to listen to good advice and want to rekt so much people by forking and giving back 10% or 40% to people. When you see how much people bought LUNA with the new price , you can be lucky if you get 0.10 Luna 2.0.
It’s crazy how he keep thinking he is doing the right thing.