Vote burn vs fork

Badmf · May 17, 2022, 2:20am

Lets do a vote on here to determine burn vs fork.

Example Burn plan [Proposal] BURN and REMEDY fee with each LUNA transaction 💊

It appears new holders since the de-peg cannot vote on terra station so let’s just see how people feel here. Doesn’t necessarily mean this exact plan just burning vs forking.

What do you want to see?

Burn
Fork

0 voters

Uebock · May 17, 2022, 2:21am

It makes no sense, dontkwon already made a decision by himself.
Because they want to fuk off UST holders. They absolutely don’t care about community.
This is how their ‘community-owned’ chain works and will work in new fork.

Speche · May 17, 2022, 2:22am

Do Both!!

Ascension · May 17, 2022, 2:26am

I’m all for the burn method, but how do you propose making this happen? Massive Luna was minted; however, its also all sold is it not? One of Do’s Twitter posts seemed to relate to this specific subject matter, as it seems to allude to being stuck between a rock and a hard place. Multiple completing interests: UST holders want to be made whole. Luna holders want to be made whole. Investors, developers… It would seem that in any scenario one or more interests get the stick. I don’t much like the fork idea; however, i have a feeling that its the lesser of all evils. That and… does it not encourage folks to purchase existing UST/Luna pre launch? Could those very actions make the fork solution unnecessary?

Drg_Ggvg · May 17, 2022, 2:57am

I support the burning and here is my suggestions about speed up the burning

github.com

drgg62086/luna/blob/main/README.md


# [Proposal] - speed up the burning by launch multi-person online collaborative painting activities(like reddit's r/place) regularly and cast the result of each painting activities as an nft

this activity may require the development of some DAPP,
or just create a smart contract that everyone can send a little luna to this address to modify some pixel color

And then,here can set up two modes:  
'free mode' or 'auction mode'

in 'free mode',It’s will be the same as r/place(The cooling time can be shorter than 5 minutes,it depends on the speed of transaction)

but in 'Auction mode' , if someone want to modify a pixel that has been modified by others, they need to consume more luna than others

Either way,at the end of time, the canvas will automatically be cast as an NFT to auction, and the auction proceeds are used partly buy luna for burning and partly for distribution according to the last modifier to each pixel on the canvas,this will encourages people to get involved 

if it works well, and taking advantage of the popularity of luna + the possibility of '0.00001 to 100' + the special cast NFT mode that no one’s ever tried before, 
that should attract a lot of participants, more and more popularity , and speed up the burning of UST and Luna more and more fast

and even if the final NFT can be bid an incredible price(the price is based in luna and trade is also in luna),
reach the $100 goal also is not impossible

This file has been truncated. show original

All it takes is to attract a large number of current luna owners to bid for the NFT, and Luna can be burning in a short period of time,Without incurring too much external cost

and these features are not complicated and should be developed quickly,

by the way,if you think this is a good ideal, please retweet it and let community developers to see it,or let Do Kwon or CZ see it(my twitter was blocked),or Initiate a vote if you can,thanks

humanreadable · May 17, 2022, 3:03am

no Fkn FORKS !

abc1 · May 17, 2022, 3:07am

I will do whatever my almighty master lord Kwon wants!

wowow · May 17, 2022, 3:10am

Do Kwon shit doesn’t know anything about economics. Fork will just be worthless.

Thuang · May 17, 2022, 3:32am

No fork

Alongkorn · May 17, 2022, 3:43am

duplicate with Revival Plan V2 Preliminary Vote

please remove this topic

KVA_SRIDHAR · May 17, 2022, 4:42am

I think both burn and Fork will happen. On 27th airdrop/FORK will happen. Post airdrop, burn can be implemented in Luna classic. if you see eth-eth classic ratio, Luna classic will reach 10 cents in a couple of months.

AtoZ · May 17, 2022, 1:12pm

You will be able to vote tomorrow once the proposal is live.
No need to create new threads again and again.