# LUNC Incremental Raise, Buybacks, Staking, Swaps **URL:** \ **Category:** Governance & Proposals\ **Created:** [April 13, 2023, 1:27pm UTC](https://classic-agora.terra.money/t/lunc-incremental-raise-buybacks-staking-swaps/51094 "2023-04-13T13:27:27Z")\ **Posts on this page:** 16\ **Page:** 1
**Author:** ![Evgen](https://avatars.discourse-cdn.com/v4/letter/e/85f322/32.png) [@Evgen](https://classic-agora.terra.money/u/Evgen)\ **Post date:** [April 13, 2023, 1:27pm UTC](https://classic-agora.terra.money/t/lunc-incremental-raise-buybacks-staking-swaps/51094/1 "2023-04-13T13:27:28Z")
**Summary** @RedlineDrifter created a [great proposal](https://classic-agora.terra.money/t/ustc-incremental-repeg-buybacks-staking-swaps/50966) that could (theoretically) raise USTC to 1. But why we dont want to raise LUNC with an same beautiful scheme? Just imagine how much assets we will have when FTX-wallet or someone else tries to sell a large bag. **Proposal** Apply the same scheme to LUNC. It will be fair. ---
**Author:** ![LetsGrowDev](https://avatars.discourse-cdn.com/v4/letter/l/8baadc/32.png) [@LetsGrowDev](https://classic-agora.terra.money/u/LetsGrowDev)\ **Post date:** [April 13, 2023, 1:36pm UTC](https://classic-agora.terra.money/t/lunc-incremental-raise-buybacks-staking-swaps/51094/2 "2023-04-13T13:36:23Z")
there is 0 good about $LUNC I’m afraid. ---
**Author:** ![Evgen](https://avatars.discourse-cdn.com/v4/letter/e/85f322/32.png) [@Evgen](https://classic-agora.terra.money/u/Evgen)\ **Post date:** [April 13, 2023, 1:57pm UTC](https://classic-agora.terra.money/t/lunc-incremental-raise-buybacks-staking-swaps/51094/3 "2023-04-13T13:57:51Z")
> [@LetsGrowDev](#): > > there is 0 good about $LUNC I’m afraid. So you’re against the Drifter? You dont want limit large sellers and shorters? ---
**Author:** ![LetsGrowDev](https://avatars.discourse-cdn.com/v4/letter/l/8baadc/32.png) [@LetsGrowDev](https://classic-agora.terra.money/u/LetsGrowDev)\ **Post date:** [April 13, 2023, 2:29pm UTC](https://classic-agora.terra.money/t/lunc-incremental-raise-buybacks-staking-swaps/51094/4 "2023-04-13T14:29:10Z")
I’m against $LUNC 1000%…binance review their tokens annually and i cant see the support for LUNC continuing. i never invested in #lunc only Wrapped LUNA. i bought $10 worth on sushiswap…which turned out to be $wormholeLUNA … suppose that unwarps to $LUNC . looks like wormholeLUNA will be giving all to $wLUNA imo…time will tell i cant read the future, i pray its bright for $wLUNA THOUGH. ---
**Author:** ![NN78](https://avatars.discourse-cdn.com/v4/letter/n/8e7dd6/32.png) [@NN78](https://classic-agora.terra.money/u/NN78)\ **Post date:** [April 13, 2023, 4:19pm UTC](https://classic-agora.terra.money/t/lunc-incremental-raise-buybacks-staking-swaps/51094/5 "2023-04-13T16:19:23Z")
Yes. LUNC have much larger volumes and manipulations, for LUNC this tax is much more useful. ---
**Author:** ![arunadaybasu](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/arunadaybasu/32/19679_2.png) [@arunadaybasu](https://classic-agora.terra.money/u/arunadaybasu)\ **Post date:** [April 13, 2023, 4:36pm UTC](https://classic-agora.terra.money/t/lunc-incremental-raise-buybacks-staking-swaps/51094/6 "2023-04-13T16:36:02Z")
I think you’re on the wrong Agora bruh > **[Commonwealth](https://agora.terra.money/overview)** > > Commonwealth: a decentralized community on Commonwealth.im. ---
**Author:** ![RedlineDrifter](https://avatars.discourse-cdn.com/v4/letter/r/43a26b/32.png) [@RedlineDrifter](https://classic-agora.terra.money/u/RedlineDrifter)\ **Post date:** [April 13, 2023, 5:45pm UTC](https://classic-agora.terra.money/t/lunc-incremental-raise-buybacks-staking-swaps/51094/7 "2023-04-13T17:45:05Z")
If the community supports this I can work out the divergence protocol to be applied to LUNC also. Community can decide and I’ll support either outcome. ---
**Author:** ![Tonu\_Magi](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/tonu_magi/32/21924_2.png) [@Tonu\_Magi](https://classic-agora.terra.money/u/Tonu_Magi)\ **Post date:** [April 13, 2023, 6:02pm UTC](https://classic-agora.terra.money/t/lunc-incremental-raise-buybacks-staking-swaps/51094/8 "2023-04-13T18:02:28Z")
I simply do not get where from does the divergence tax in LUNCs case come from? Where is the diverging point? Since the price comes from organic trades, demand and supply. ---
**Author:** ![Tonu\_Magi](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/tonu_magi/32/21924_2.png) [@Tonu\_Magi](https://classic-agora.terra.money/u/Tonu_Magi)\ **Post date:** [April 14, 2023, 7:38pm UTC](https://classic-agora.terra.money/t/lunc-incremental-raise-buybacks-staking-swaps/51094/11 "2023-04-14T19:38:35Z")
You are just obsessed with telling everyone how you hold wLuna. ---
**Author:** ![LetsGrowDev](https://avatars.discourse-cdn.com/v4/letter/l/8baadc/32.png) [@LetsGrowDev](https://classic-agora.terra.money/u/LetsGrowDev)\ **Post date:** [April 14, 2023, 8:13pm UTC](https://classic-agora.terra.money/t/lunc-incremental-raise-buybacks-staking-swaps/51094/12 "2023-04-14T20:13:09Z")
yeah, that’s it. not the fact you all lied and hid the truth and stole the airdrops 😆 ---
**Author:** ![Tonu\_Magi](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/tonu_magi/32/21924_2.png) [@Tonu\_Magi](https://classic-agora.terra.money/u/Tonu_Magi)\ **Post date:** [April 15, 2023, 7:15am UTC](https://classic-agora.terra.money/t/lunc-incremental-raise-buybacks-staking-swaps/51094/13 "2023-04-15T07:15:40Z")
Yes, we stole them. All the airdrops. That makes sense somehow. ---
**Author:** ![Evgen](https://avatars.discourse-cdn.com/v4/letter/e/85f322/32.png) [@Evgen](https://classic-agora.terra.money/u/Evgen)\ **Post date:** [April 17, 2023, 12:10pm UTC](https://classic-agora.terra.money/t/lunc-incremental-raise-buybacks-staking-swaps/51094/15 "2023-04-17T12:10:07Z")
Tonight, a bag ~10 billion LUNC was sold. If this scheme worked, we would get a good % back. Your choice, your pool. ---
**Author:** ![binstable](https://avatars.discourse-cdn.com/v4/letter/b/cc9497/32.png) [@binstable](https://classic-agora.terra.money/u/binstable)\ **Post date:** [April 18, 2023, 1:00pm UTC](https://classic-agora.terra.money/t/lunc-incremental-raise-buybacks-staking-swaps/51094/16 "2023-04-18T13:00:57Z")
The worth is exogenous, not endogenous to LUNC. I think that if the USTC proposal works and, in addition, bidirectional LUNC \<\> USTC swap is restored (at least in a neighborhood of the peg), then LUNC will become attractive again and the price will rise. ---
**Author:** ![Evgen](https://avatars.discourse-cdn.com/v4/letter/e/85f322/32.png) [@Evgen](https://classic-agora.terra.money/u/Evgen)\ **Post date:** [May 3, 2023, 3:20pm UTC](https://classic-agora.terra.money/t/lunc-incremental-raise-buybacks-staking-swaps/51094/17 "2023-05-03T15:20:46Z")
![Screenshot](https://global.discourse-cdn.com/terra/original/3X/2/e/2e136bcccc27265af50ceb422211feaaaacd8d6a.jpeg) It’s the only way, guys. Your LUNC bags go to 0 value. ---
**Author:** ![Tonu\_Magi](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/tonu_magi/32/21924_2.png) [@Tonu\_Magi](https://classic-agora.terra.money/u/Tonu_Magi)\ **Post date:** [May 12, 2023, 7:40am UTC](https://classic-agora.terra.money/t/lunc-incremental-raise-buybacks-staking-swaps/51094/18 "2023-05-12T07:40:20Z")
Mathematically impossible. ---
**Author:** ![Evgen](https://avatars.discourse-cdn.com/v4/letter/e/85f322/32.png) [@Evgen](https://classic-agora.terra.money/u/Evgen)\ **Post date:** [May 25, 2023, 12:29pm UTC](https://classic-agora.terra.money/t/lunc-incremental-raise-buybacks-staking-swaps/51094/19 "2023-05-25T12:29:55Z")
> [@Evgen](#): > > ![Screenshot](https://global.discourse-cdn.com/terra/original/3X/2/e/2e136bcccc27265af50ceb422211feaaaacd8d6a.jpeg) > > It’s the only way, guys. > Your LUNC bags go to 0 value. ![Screenshot_30](https://global.discourse-cdn.com/terra/original/3X/e/2/e204bc3c47f397496ff32a2bfd06d537d688ce83.jpeg) Even a lot of updates couldnt stop the fall. We need divergence tax for LUNC.