A burn mechanism will be implemented. and the market is reacting. This is great news for all of us.
In a few hours a proposal to burn 1.2% LUNAC per transaction will pass
Sauce?
LUNC. LUNC. LUNC. LUNC. LUNC.
Bullish for gender reassignment surgeries!
A worthless coin with a burn mechanism only results in fewer worthless coins. You're literally gambling on fantasy ponzinomics that don't work.
Ready to sell the news
can someone link to this plz
Here you'll find all the links you need.
thecryptobasic.com
1.2% is a bit weak. Should go full degen shitcoin and burn 5-10%
>A worthless coin with a burn mechanism only results in fewer worthless coins.
This is what I keep telling ETH maxis when they say "the merge will limit the supply!"
Later on the burn can be removed so the coin regains its utility. Temporary deflation is not the end of the world like the kikes would have you believe.
It's like a sales tax. If you go too high, you actually disincentivize trade too much and you collect (or burn) less than you would with a lower %.
it already passed clown but only luna 2 people can actually see it to fruition and that won't happen. lunc is dead, been dead, youre just wasting your time doing who knows with it, swinging, losing money I don't know, but you are paying transaction fees for fun I suppose.
Bought a week ago and I'm already up 3x stay mad you missed out buying low
I wish I knew why you naysayer faggots are so salty and raid every LUNC thread if you don't even care about LUNC.
I don't listen to Rihanna, so I don't comment on her videos either. Simple as.
This. Not only is Do Kwon still in full control of LUNC (and it's burn wallet), he doesn't even bother with governance on LUNC. Instead, he uses LUNA to govern LUNC. How do you think that will play out?
Buy the rumors, sell the news you stupid newfags. You gonna get dumped on.
Thank you user, bless you and your family
This. Only regressed children cry when they lose at musical chairs.
then the price will have to go to nothing and we'll burn this shit ourselves
does wluna still follow lunac?
Do Kwon could dump the burn wallet and all you'd do is seethe internally.