# Unlimited supply is the main reason why LUNA die, pls stop and burn 1% daily

**URL:** <https://classic-agora.terra.money/t/unlimited-supply-is-the-main-reason-why-luna-die-pls-stop-and-burn-1-daily/11102>\
**Category:** Governance & Proposals\
**Created:** [May 14, 2022, 1:48am UTC](https://classic-agora.terra.money/t/unlimited-supply-is-the-main-reason-why-luna-die-pls-stop-and-burn-1-daily/11102 "2022-05-14T01:48:13Z")\
**Posts on this page:** 10\
**Page:** 1

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**Author:** ![Edward](https://avatars.discourse-cdn.com/v4/letter/e/90db22/32.png) [@Edward](https://classic-agora.terra.money/u/Edward)\
**Post date:** [May 14, 2022, 1:48am UTC](https://classic-agora.terra.money/t/unlimited-supply-is-the-main-reason-why-luna-die-pls-stop-and-burn-1-daily/11102/1 "2022-05-14T01:48:13Z")

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Economic basic knowledge : Supply and demand.  
Unlimited supply must turn asset to rubbish, like Zimbabwean dollar.  
Thus, no matther next step to save UST or not.  
NOW. must stop creating new LUNA and burn certain %(e.g 1%) in a certain period (e.g daily) to save LUNA first !!! That’s why BTC can be kept over 10k per coin for long time.

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**Author:** ![Pb2064](https://avatars.discourse-cdn.com/v4/letter/p/3be4f8/32.png) [@Pb2064](https://classic-agora.terra.money/u/Pb2064)\
**Post date:** [May 14, 2022, 1:53am UTC](https://classic-agora.terra.money/t/unlimited-supply-is-the-main-reason-why-luna-die-pls-stop-and-burn-1-daily/11102/2 "2022-05-14T01:53:36Z")

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Let’s the stable coin algo do its work.  
Ust will repeg.  
market forces will help.  
The Terra foundation should buy and burn LUNA over time in the future to reduce hyper supply.  
Slowly and steady will build trust back.  
And both Ust and Luna will be saved.

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**Author:** ![Berk\_Eksioglu](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/berk_eksioglu/32/3628_2.png) [@Berk\_Eksioglu](https://classic-agora.terra.money/u/Berk_Eksioglu)\
**Post date:** [May 14, 2022, 1:55am UTC](https://classic-agora.terra.money/t/unlimited-supply-is-the-main-reason-why-luna-die-pls-stop-and-burn-1-daily/11102/3 "2022-05-14T01:55:37Z")

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I think acceptable for everyone. Rare subject…

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**Author:** ![Chase](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/chase/32/5262_2.png) [@Chase](https://classic-agora.terra.money/u/Chase)\
**Post date:** [May 14, 2022, 1:58am UTC](https://classic-agora.terra.money/t/unlimited-supply-is-the-main-reason-why-luna-die-pls-stop-and-burn-1-daily/11102/4 "2022-05-14T01:58:54Z")

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Burning will save LUNA and could eventually cause UST to repeg.

If they go the route of a worthless fork, then it’s obviously an exit scam.

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**Author:** ![Pb2064](https://avatars.discourse-cdn.com/v4/letter/p/3be4f8/32.png) [@Pb2064](https://classic-agora.terra.money/u/Pb2064)\
**Post date:** [May 14, 2022, 2:00am UTC](https://classic-agora.terra.money/t/unlimited-supply-is-the-main-reason-why-luna-die-pls-stop-and-burn-1-daily/11102/5 "2022-05-14T02:00:35Z")

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I agree.  
Let’s the stable coin algo do its work.  
Ust will repeg.  
Market forces will help.  
The Terra foundation should buy and burn LUNA over time in the future to reduce hyper supply.  
Slowly and steady will build trust back.  
And both Ust and Luna will be saved.  
Taking a snapshot and kind of reverting the Blockchain will destroy the community credibility as transactions on Terra Blockchain should final. Always.

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**Author:** ![Berk\_Eksioglu](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/berk_eksioglu/32/3628_2.png) [@Berk\_Eksioglu](https://classic-agora.terra.money/u/Berk_Eksioglu)\
**Post date:** [May 14, 2022, 2:03am UTC](https://classic-agora.terra.money/t/unlimited-supply-is-the-main-reason-why-luna-die-pls-stop-and-burn-1-daily/11102/6 "2022-05-14T02:03:09Z")

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Ust will repeg, maybe. Than will unrepeg maybe?.. İdk something wrong on the working scheme. Thats certain.

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**Author:** ![asanchez](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/asanchez/32/4702_2.png) [@asanchez](https://classic-agora.terra.money/u/asanchez)\
**Post date:** [May 14, 2022, 2:32am UTC](https://classic-agora.terra.money/t/unlimited-supply-is-the-main-reason-why-luna-die-pls-stop-and-burn-1-daily/11102/7 "2022-05-14T02:32:11Z")

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Yes, its the sane thing to do, with lower supply a single Luna will become viable to repeg the UST.

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**Author:** ![defiyields](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/defiyields/32/5203_2.png) [@defiyields](https://classic-agora.terra.money/u/defiyields)\
**Post date:** [May 14, 2022, 2:37am UTC](https://classic-agora.terra.money/t/unlimited-supply-is-the-main-reason-why-luna-die-pls-stop-and-burn-1-daily/11102/8 "2022-05-14T02:37:47Z")

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UST is fundamentally flawed and is never going to repeg. It is still possible to save the Terra ecosystem by buying back and burning $LUNA.

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**Author:** ![Paul\_Leprecheur](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/paul_leprecheur/32/4438_2.png) [@Paul\_Leprecheur](https://classic-agora.terra.money/u/Paul_Leprecheur)\
**Post date:** [May 14, 2022, 2:44am UTC](https://classic-agora.terra.money/t/unlimited-supply-is-the-main-reason-why-luna-die-pls-stop-and-burn-1-daily/11102/9 "2022-05-14T02:44:56Z")

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Never say never 😁 flaws can be fixed. But for sure UST holders will have to be patient to get their money back. In the meantime there are plenty of opportunities in the terra ecosystem to play with this money. Like a small country, until we can reopen borders again

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**Author:** ![Chase](https://sea2.discourse-cdn.com/terra/user_avatar/classic-agora.terra.money/chase/32/5262_2.png) [@Chase](https://classic-agora.terra.money/u/Chase)\
**Post date:** [May 14, 2022, 3:18am UTC](https://classic-agora.terra.money/t/unlimited-supply-is-the-main-reason-why-luna-die-pls-stop-and-burn-1-daily/11102/10 "2022-05-14T03:18:12Z")

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UST can still repeg and a long term solution could be found.

But none of that’s gonna happen if LUNA doesn’t get burnt to push up the price.
