Great mentality, I will be with you until the end @HelloThere
Unfortunately for the buy back and burn to happen price needs to be driven down or it simply wonāt work. I think thereās a greater plan for the ecosystem through the burn but there can be no indication that it will happen until the LFG buy at a low price. Just applying logic to the proposal it seems like the only way. I think this is why thereās been a lack of communication
This proposal is not about buyback and burnā¦
Once passed and implemented 3% of every transaction will be burnedā¦
No buybacks needed
Thatās simply not enough though. In combination with a buy back and burn we get rid of a significantly larger amount of supply.
Exactly, it will totally heal gradually. Actually acording to this huge volume it will heal really fast. But come and explain this to Do Kwon 
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Ideally they should to try instead leave us but looks not happening at all. they are a bunch of selfish kids who just want more and more and doesnt mind anyone
It is enough.
Check this: LUNA and UST resurrection - Google Sheets
They might be waiting for a lot of people to sell or transfer to V2 so the price plummets again then they can buy in cheap
I disagree, unless of course the exchanges also agree to implement the tax on trades. I personally think they would but who knows.
Binance can arrange this tax system for the cex too. After all CZ mentioned that he wants to help. But unfortunately Do Kwon is living in dreamsā¦
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Do we have a confirmation that the circulation of tokens exists also on exchanges? Because we have some weird numbers on a lot of exchanges per volume, and also we had on the initial days a lot of weird prices on exchanges. FTX had a price of 0.0002 meanwhile Binance had a price of 0.0005.
If the amount in circulation was deposited on the exchanges they would have not much arbitrage opportunity between them. or am i wrong?
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Offcourse that needs to happenā¦
We will figure that out once we get thereā¦i.e. once the proposal passes.
I do think CZ might be open to the idea if it is pitched as making luna/ust holders whole.
heās just scammer, what logic do you expectā¦
What we really need are big voices pushing and offering help to make burn possible. In this case, maybe some devs could feed attracted by this idea. We are just a bunch of rats for them, so our voice means nothing.
hahah 
Agreed! Definitely would be hard to get everyone on the same page with the fork. There are a lot more eyeballs on the ecosystem now as well. Just look at the social media metrics. Itās crazy.
I support this plan.
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smart contracts canāt be override or edited, so if there is not a tax/burning mechanism on contract it canāt be created just like that out of thin air. It can fork(to implement tax/burning mechanism) or do buybacks and burn.
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Then go vote!
Just throwing this out there if he goes and forks the chain and leaves this one as is all of the validators and devs and who ever else works there will more than likely hold some Shiba. So there is no reason not to pass this since if it works they could potentially make lots of money.