So someone created a shitcoin to get rich, someone (the same someone?) no doubt earned a lot of money, and now they're considering undoing the last few days so they can earn more profit again?
Who's going to lose money in this twice?
Topic: Luna holders will get new token. - page 8. (Read 1095 times)
How is it "getting new tokens"? It's literally described that the proposal was a rollback to a certain snapshot.
If they are really doing this that means luna holders from pre-attack will get new tokens but what about those who buy later on exchange. People lost money when prices were continuously declining too.
I'm pretty sure the people who bought on exchanges would be fine with a rollback, as the coins they bought are pretty much zero already anyway lmao. Quote
The community is deciding on a new @terra_money between restoring a snapshot prior to attack, removing TFL, fully collateralizing UST and drafting & deliberating new mechanisms for $LUNA.
We must salvage the remaining value in the ecosystem & community and rebuild the right way
We must salvage the remaining value in the ecosystem & community and rebuild the right way
https://twitter.com/stablechen/status/1525023238895837184?s=20&t=-1WYQPCBM04n8tee6cBwQQ
If they are really doing this that means luna holders from pre-attack will get new tokens but what about those who buy later on exchange. People lost money when prices were continuously declining too. They didn't tell their community not to buy before UST repeg in its standards. I also heard rumors that Do kown short his luna to recover the loss that he took by selling his BTC in losing which accelerated the process more.
Luna lose his credibility and all who took any loss should get compensation.
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