How to STAKE for newfags >download terra station on your phone >create a new wallet >go to settings and switch network to classic >withdraw your LUNC from the exchange (you do not need a memo to withdraw! memos are only for sending to exchange!) >once you receive your coins go to stake screen >choose a validator and delegate to them >withdrawal of rewards can be done anytime, unstaking takes 21 days to unlock your coins
GREEN CANDLES TALL ENOUGH FOR THE KING OF SHARTS TO COMMIT AUTOEROTIC ASPHYXIATION FROM
Grayson Myers
Daily reminder to take your profits luncbros, get your initial out at least before the music stops
Landon Williams
crispy niggers WE RISE
Leo Jackson
reposting to shut tax faggots up:
Basically the loophole here is to convert tokens with massive gains and keeping it clean tax wise, you need at least two entities.
Entity A loans original tokens to Entity B, non-collateralized, 100 year 0% interest loan. Loan must be repaid in original token, not equiv value.
Entity B gets tokens. Loan is non-taxable income, and they now have the baseline which they can do a conversion. Entity B now has zero original tokens, cannot repay the loan, and defaults. Entity A "eats shit" and writes the defaulted loan off on their taxes.
Entity B then writes a loan for the new tokens to Entity A, non collateralized, 100 year, 0 interest, yadda yadda. A takes in non-taxable income as loan, does conversion, worries about any taxable events then, and then defaults on loan to B. B then "eats shit" and writes off the loan to A on taxes.
In all, you have Entity A which gets a tax writeoff (which will likely counter any taxes accrued from conversion), the currency converted to whatever you really want, Entity B which gets a tax writeoff (again, counters any taxes accrued), and the money is now clean, on the record, free and clear. Keep completely solid records, have shit notarized, signed by legal faggots, whatever. Tax man comes, you have A and B show pieces of paper that says this was all above board, and they can go fuck off. Even better: if each entity is an LLC and properly isolated from you, taxman comes and decides to flex nuts, each company then dissolves.
Quite literally rinse and repeat as you'd like.
Jeremiah Bell
Remember to find a good lawyer once you make it anons. It's the only defense you have against the federal faggots who want your gainz.
Dominic Gray
my initial 100 no thank you
Robert Morales
Burn will be only on-chain. So I takes a decade to reduce the supply to 10b.
look even though i like this concept, i feel like if big gov wants to come after you and lock you up with hyper agressive chicago niggers they still can im just gonna pay my cut to mr goldensteinsberg and invite him to my private island
Connor Allen
LUNCHads do my eyes deceive me or do I see yet another bullflag forming?
Surely there are wallets with more lunc than the post-burn supply. How does that work?
Levi White
We need to decide the tiers for the new rankings my baboonas
Levi Foster
Oh yeah, most definitely. And a good accountant. I'm gonna come clean 100% and bite the tax bullet, have every transaction declared. At least this way my government will leave me the fuck alone in peace. I'm not greedy.
I went all in yesterday at the top, 12 hours later I was down $2500 and now I'm up $1500. I'm not some moonboy $1 eoy memer but until we get to top 15 near doge and shib there's still room to go up
Eventually the bigger tiers will likely disappear, one day 6T will be burned down to 10B supply, and people with over 50M will have taken profits long before 1$. People are already getting priced out of 1M, let alone 10M, we're gonna need some tiers to reflect that.
Jason Kelly
Just sell for busd? Pretty straight forward. They even have a convert page if you don't want to use spot trading.
James Collins
Where does it say it includes an off-chain burn?
Nicholas Miller
what about UST or the terra dollar shit anyone know?
John Morris
Change Leafland Twink to Chief Leaf and LUNC Occultist to Moonthusiast
Jonathan Ward
You’re right but we need to consolidate some in the middle then
Ayden Baker
Yes
Christopher Butler
He means Binance US probably
Isaiah Martinez
I agree for sure, one for 15M, 40M, and 60M will definitely be needed
Dominic Robinson
Can someone explain me as if i were a pajeet why shouldnt i hold on binance?
Atomic wallet can eat you in fees but to get in fast its great. You can exchange BTC for LUNC.
Connor Wood
OK lads here's the list from the previous thread, since none of you read through posts above... we'll need more as time goes by, but right now I think these price points are OK. anons lemme know if you have suggestions, I tried to fill in everything but maybe some tiers could be better...
* 250 - St. Kret * 500 - JAJAJA Man * 750 - Chief Leaf * 1,000 - Crispy Nigger * 2,500 - King of Shorts * 5,000 - 2una Tranny * 7,500 - Kislev Fudder * 10,000 - USTCuck Alex * 25,000 - Moonthusiast * 50,000 - CZ's Lovechild * 75,000 - Ben Garrison * 100,000 - Do Kwon's Baby * 250,000 - Grug the Investor * 500,000 - Morphine Cat
>Change Leafland Twink to Chief Leaf and LUNC Occultist to Moonthusiast done!
>I agree for sure, one for 15M, 40M, and 60M will definitely be needed yeah as time goes by more and more people will be priced out. we can add new tiers later, the art user fren has the original template.
>Crispy Nigger I'd appreciate if you'd call it with the racist remarks.
Luis Smith
>1B >Vincent I am dying, whatever happened to vincent poster?
Easton Russell
I assumed as such, you're doing the Lord's work user
Jason Bailey
Lmao do not listen to this man. Not saying he's wrong, he is actually right, but you will likely fuck this up. The reality is 99% of us are not business men or financial experts, so the best thing to do if you make out with 7 figures it hire a professional tax advisor or lawyer. Simple as.
