Activating stacking would give a strong positive boost, so do it!
You made some good points. But I would like to point out that again, it is just all assumptions.
You can say the same the other way around, there isn’t a clear expectation that the whales if any, would be interested to initiate a malicious take over of LUNC governance.
If you are going to be conservative about people’s ability to counter attack. Then it is only fair to be conservative on the whales’ financial backings too. Consider the current market environment and the everlasting increase of fed tightening, liquidity is of scarcity right now.
Also, it might seem obvious to you that we should do things the “proper” way and eliminate as much risk as possible. But you are saying that as if we are really thinking about opening up governance and stacking. The problem is we are not. Oddly. The people who shutoff staking without a community vote, had no further communication, no further plans on when and if staking will be re-enabled. This is a serous issue not being discussed, not nearly enough.
2 Likes
You are spreading misinformation.
the 1.7T LUNC wallet belongs to Binance. That’s the cumulative total of all users on the platform, LUNCDAO team has no control over.
Now, even if they truly owns a large amount of LUNC, do you think it is fair to ask them to burn personal funds? Would it be ok if I force you to burn the same % of your own wealth? If you want to go full on socialist, at least do it fairly.
The LUNCDAO team actually came up with a plan that’s useful & actionable. Millions and millions of LUNC burned everyday by them. Everything has been transparent so far. The least you can do is educate yourself and don’t spread misinformation.
1 Like
we need someone to coordinate the validators if we want to re enable staking immediately. if not, it is probably better to set a vote for this.
1 Like