Terra Luna Classic (LUNCUSD)

[MoneyRobot]

The ustn proposal on the repeg of USTC. The idea is good but the proposal lacked the clear direction on what to use as the peg. Ustc holders wants atleast 500b newly minted lunc to peg it for most with some other collateral.

Lunc holders are against the mint because we need to build lunc reputation first to bring in the value of lunc to support a possible peg. For now, if the use lunc as is, things can go wrong and destroy lunc forever. The 500b can easily be more.

Overall, the ustn peg is a good idea after we accomplish a few good projects for lunc. As is, its a no go imo for lunc because ustc holders will see a pop in pps at the expense of lunc.

The repeg is premature. Maybe at a later date. Some argue this proposal was made up to help ustc holders recoup their losses at the expense of lunc.

I agree with that.

[MoneyRobot]

The ustn proposal on the repeg of USTC. The idea is good but the proposal lacked the clear direction on what to use as the peg. Ustc holders wants atleast 500b newly minted lunc to peg it for most with some other collateral.

Lunc holders are against the mint because we need to build lunc reputation first to bring in the value of lunc to support a possible peg. For now, if they use lunc as is, things can go wrong and destroy lunc forever. The 500b can easily be more.

Overall, the ustn peg is a good idea after we accomplish a few good projects for lunc and rebuild our name.

As is, its a no go imo for lunc because ustc holders will see a pop in pps at the expense of lunc.

The repeg is premature. Maybe at a later date. Some argue this proposal was made up to help ustc holders recoup their losses at the expense of lunc.

I agree with that.

[gt1217]

What proposal?

[MoneyRobot]

Civil war on the ustn proposal. Lunc holders vs ustc holders.

[Babubd]

Terra Luna is long and strong!! Longs will cash out Big Time!! Fortunes will be made here.

[Babubd]

10 Cents to 1 Dollar!! Whales know why they’re here!!!

[Dio2000]

Smh its sad

[Dio2000]

Sohhhh what happened? Lol

[m_m007]

Pathetic reply.

[MoneyRobot]

BURN! BURN!!! Let it all BURN!!!

[StihlsawsRule]

LARGE BURN on BINANCE! Reporting 5.59 BILLION burnt, and yet coin market cap still keeps spewing the BS 6.151 TRILLION supply. WOW

https://coinmarketcap.com/headlines/news/breaking-binance-confirms-burning-over-5-billion-terra-classic-lunc-price-jumps/

All I know, is these 3 SAT shorts/pinners are going to be super effed if they keep shorting these 35m blocks just to conduct their status-quo 'trading' here.

[MoneyRobot]

Nice. Jason Bourne and my guys at crypto.com are now a part of the on and off chain burn? Nice.

[ap17]

KaJ Labs To Burn 2.5 Trillion Terra Classic (LUNC)
Posted on September 29, 2022, 10:28 PM by Shanawaz

KaJ Labs, the key creator of the Lithosphere blockchain, has pledged $50-$100M.
In all, 6.6 billion LUNC tokens have been destroyed so far.
The price of Terra Classic (LUNC) has increased from its 24-hour low of $0.00025 to its new high of $0.00029. That is a gain of over 10%. The price increased as Terra Classic was added to several cryptocurrency trading platforms. KaJ Labs, the company at the heart of the Lithosphere network, plans to burn 2.5 trillion LUNC tokens. It will utilize the Jot Art Finesse NFT collection and a unique kind of “Finesse” gameplay. It combines elements of role-playing games with free-to-play action games.

Massive Volatility Expected
There are a total of 6.8 trillion Terra Classics available. With the 1.2% tax burn or other burn mechanisms. The community seeks to achieve a fixed supply of 10 billion LUNC tokens. In all, 6.6 billion LUNC tokens have been destroyed so far, with 4.2 billion destroyed through the burn address and 2.3 billion destroyed via tax.

Many additional exchanges, including as KuCoin, Kraken, Huobi, Gate.io, MEXC Global, eToro, Crypto.com, CoinInn, BTCEX, and LBank, have joined Binance in supporting Terra Classic burn for on-chain and off-chain transactions.

Interestingly, KaJ Labs, the key creator of the Lithosphere blockchain, has pledged $50-$100 million to the destruction of 2.5 trillion Terra Classic (LUNC) tokens. On October 1, KaJ Labs anticipates the release of the Lithosphere (LITHO) Jot Art Finesse NFT collection and a variety of “Finesse” games in which players may earn currency via various methods of play.

New projects and games seek to further lower the LUNC supply, while cryptocurrency exchanges intend to burn LUNC tokens until the supply approaches 10 billion. As a result, the LUNC price will skyrocket, and the token’s deflationary effects will get stronger.

Recommended For You:

Terraform Labs Criticizes the South Korean Authorities

https://thenewscrypto.com/kaj-labs-to-burn-2-5-trillion-terra-classic-lunc/

[ap17]

Don't forget the most important of all.
"PURE SCIENCE FICTION"
No one legit will post or otherwise advertise his holdings on the wild wild west of the internet. It's a bad practice.

[doc063]

People boast due to several reasons, but mainly:

1. To exude confidence in the stock.
2. To show authenticity.
3. To encourage others to do the same and not cower.
4. To show achievement/accomplishment.
5. Self-aggrandizement.
6.Many other reasons.

Good Luck to All!!!

[m_m007]

Why people always want to boost of what they have. Learn to trade quietly.

[MoneyRobot]

I am nearing your mark. I have 78 million shares. I bought a good chunk on the last dip. My goal is 2 fold. 1st stop 100 million. 2nd stop 200 million. Then I will ride it out....I like the potential here with the burn and most importantly utility projects.

[Smilin_B]

I'm still up about 2.5 times on my investment here but why did this coin drop all the way back down to the super low .0002s?

[N-13]

let's move to .00s

[CashValue]

To the Moon! Wen Lambo???

[Babubd]

10 Cents to 1 Dollar!! Whales know why they’re here!!!

[gt1217]

Maybe it's from my end then because it is still unable to load no big deal

[ap17]

Just clicked it again...works just fine.

[gt1217]

Can this be pined?

[gt1217]

Well I like the spikes with out the huge spreads to bring it back down

[gt1217]

Trying to use the link it's not working. Do you have any other links to that article?

[ap17]

Biggest breaking news
Lithosphere (litho) blockchain ready to burn upto 2.5 Trillion #lunc by their blockchain,Starting from 1 October
Congratulations #LUNCCOMUNNITY #LUNCARMY #LUNCBURN #LUNACLASSIC
#LUNCBURN
#Lunatics #lunc #GLOWSTON
#Glon https://twitter.com/tasselss/status/1575300701953363968...

[dshade]

Yes. 1 day after you whitelist TS address into Crypto.com, you can transfer LUNC to the Terra Station wallet and then delegate if you wish

[ap17]

If your wallet is on the same blockchain you can connect it to TS. YOU make that connection....its not automatic. DEX's operate the same. Once connected you have full custody of your coin UNLIKE having it on an exchange or exchange wallet.

[258456]

Is Crypto.com connected to Terra station wallet? I mean can folks seamlessly transfer tokens from crypto.com to Terra station? Or is there another wallet that has to happen in between? Does. crypto.com connect with the meta-mask wallet? Is The meta-mask wallet part of crypto.com’s ecosystem. Can a person stake from MetaMask? Thanks

[MoneyRobot]

Terrarebels.net


Please pin this link to the top. Here is the roadmap and whitepapers to the Terra Ecosystem.

[ap17]

I just used the memo that was there, I never made up a name. Remember I went from CB wluna--->Metamask lunc--->terra station lunc, and selected a delegate to stake.

[MoneyRobot]

So the name of the wallet is : terraclassiclunc
And the memo is: the name of your wallet that you named when you register?

Thanks

[gt1217]

I have all the time for this one

[ap17]

terraclassiclunc

2. I believe mine was called account1

[MoneyRobot]

Stupid questions that I want to confirm

1. The wallet name is on top of the wallet address on the laptop extension right?

2. What do you write in the memo to transfer lunc to the TS wallet?

Thanks

[MoneyRobot]

You have to give it time. The on chain burn tax just got implemented and like with all GO Lives, they are working out the bugs while mulling more opportunities.

[gt1217]

Looks like sideways trading for a while

[Babubd]

10 Cents to 1 Dollar!! It’s a load and hold, no brainer!!

[m_m007]

Just the start if whats to come. 01 soon

[gt1217]

What is going on with the price jumps

[ap17]

I only use a laptop.
The terra station app has a globe where you select the network. No idea how it would show on a phone app.
Select the classic network, not mainet.

[MoneyRobot]

On the app on my phone? I do not see a globe. Are you talking about the extension on the browser?

[ap17]

Click the globe, select classic and everything should be there. Then you can view the delegation list.

[MoneyRobot]

I have a TS Wallet. It has my terra 2 shares there. Is there a seperate wallet for lunaC to stake? Thanks.

[ap17]

Exactly!! get the terra station, then they have a list of 80+ validators to choose from.
It's seemless.

[258456]

So on my mobile phone. I opened up a MetaMask account. I transferred over from Coinbase Wallet all my WLUNA and they all automatically switched over to LUNC once they hit my MetaMask account. Unbelievable.

I’d still like to stake them. In order to that to do that I’d need to open up a Terra station account right?

Thanks again you’ve been a lot of help.

[ap17]

How to move,convert wluna to lunc,and stake your LUNC.
My error, I posted them on the wluna page. Copying them here now.

Just transferred all my wluna off CB, now they can kiss my ass.

To do it first download and add metamask and terra station to your chrome extension.
(sorry but I have no apple/mac instruction, never owned an apple....never will)

Terra.money is the site for getting the terra station wallet.

Watch this video for more instruction, its 25 minutes.

AND THIS:

Also converted my wrapped to LUNC.
This video also good.

Link to terra station.
https://www.terra.money/

[258456]

Are the how to videos still here? I know YouTube can be helpful, as well. Thanks for the info

[ap17]

Get it into a metamask wallet and do the conversion to LUNC. I posted detailed instruction videos here to do just that. THEN stake it, or if not interested just hold it on the terra station wallet.