MEXC x LUNA Recovery Plan: Vote to Decide LUNA Burn by Utilising LUNA Trading Fees on MEXC

General
1

Eligibility:

a. All current MEXC users are eligible for participation

b. For new users, please register for a MEXC account to confirm your participation.

  1. Once the voting rate hits 50% , MEXC will utilise the actual trading fees from [LUNA/USDT] spot trading pairs to perform a secondary market buyback and proceed with LUNA burn.

  2. More details will be revealed depending on the voting poll outcome.

LUNA voting polls results will be announced before 2022-05-26.

MEXC is very excited to have the opportunity to offer this special recovery plan for LUNA community and we look forward to your participation in this voting poll.

18 Likes
2

good idea

3 Likes
3
6 Likes
4

If Binance comes with similar plan then Luna will double the volume with the news itself…

14 Likes
5

great to see an exchange willing to help the community feel more strong along with the commercial side of things.

4 Likes
6

Great!

7

if okex would connect, it would be great)

2 Likes
8

Suggest on Twitter CZ may consider this option

2 Likes
9

Ftx may do the same thing, too

10

We need Binance, KuCoin, FTX to do the same.

Small burning tax on UST would be great also. This way ecosystem would heal faster and algo can run again (with improvements of course).

5 Likes
11

This is a good move. Extend the fork! Let these exchanges burn the supply!

12

Why do you say that? Did you see anything regarding it?

13

That is fantastic. Where can I vote?

Also, check this out by Nox Bitcoin. Exchange in Brazil that refunded all UST holders $1 in USDT for each UST > Nox Bitcoin To Refund UST At $1 To Their Customers | Headlines | News | CoinMarketCap

15

If this goes ahead, hopefully some other exchanges will jump on board. If Binance and Kucoin take part, it could start to have a meaningful impact on Luna supply.

1 Like
16

Really CZ will do the same ? Where is the tweet ?

17

Maybe

18

Please vote, same initiative from BingX:

1 Like
19

MEXC exchange will buy back and burn using LUNA/USDT spot trading fees.

3 Likes
20

Now there is bingx who supports our cause. It is expanding nicely

2 Likes