/biz/ - Business & Finance

>>51378956
>Bro, it doesn't seem they will do. They are a business and they don't want to lose by burning. Thinking that CZ will gladly burn his stack or any in cex trading is pure copium. Not selling though but I'm not getting my hopes too up
Binance will make a killing on deltas. then they'll make a killing on LUNC volume. then they'll make a killing from LUNC staking. then they'll make a killing on LUNC's price action (CZ wants his $1.5 billion of unrealized gains back). of course they don't want to come out and confirm off-chain burns before everything is ready, it would inflate the price and cause a pump+dump. they're fully on board tho... just hold fren, WAGMI.

>>51371154
lmao. saved!

>>51371152
14/???

interlinked >>51338632

news and updates:
>Binance LUNC wallet maintenance
https://www.binance.com/en/support/announcement/87ade110bbde429f8ce1619c90fbf417
>KuCoin will implement the burn!
https://www.kucoin.com/news/en-kucoin-will-support-the-tax-burn-proposal-of-the-terra-classic-lunc-community-20220907
>LUNChads read this
https://medium.com/@edwardkim.ek/a-path-to-recovery-for-luna-classic-e7ff076b28ab
>1.2% burn tax proposal
https://classic-agora.terra.money/t/proposal-for-the-1-2-tax-parameter-change/46319
>WLUNAbros read this
https://www.binance.com/en/support/announcement/f14b7fc184b74237a9e68796a2939dec

Helpful Links

>How to stake on Terra Station
https://classic-docs.terra.money/docs/learn/terra-station/staking.html
>Staking rewards calculator
https://www.stakingrewards.com/earn/terra/
>HCC LUNCPenguins
https://luncpenguins.com
>Terra Shuttle is shutting down
https://twitter.com/terrac_money/status/1562404389872082944 (embed)
>Bridge and unwrap WLUNA back to Terra
https://classic-bridge.terra.money
>Bridge Wormhole LUNA back to Terra
https://www.portalbridge.com

The LUNC community stands with the victims of LUNA and Do Kwon, help us help them get back on their feet and recover 10% of their losses, or $10 per LUNC, go to https://terralunaclassic.com/ to see how you can help!

>LUNChads anthem
https://vocaroo.com/1fk7klnZQdct (embed)

>>51337042
I'm priced out from buying LUNC right now, I'll take my chances fren

>>51332939
>If it goes to 0, then i lost it all with frens
if it makes you feel any better I have a 30 milly stack and I'm not selling before 1 cent... and then only low amounts to get my initial back. my real ladders start at 10 cents and above.

WAGMI lads, we ride this to high heaven or down to the depths of hell!

>>51331021
>Any anons care to have a level headed conversation on optimising this trade? I’ve been in these threads since the first crash and laughed my asses off at the kvetching but do want to make money off this development.
we'll just have to wait and see. does anyone have that screencap with CZ and Fantom where it explains how he shook out whales and jeets? you know the one, it gets posted here from time to time. I think that's what's happening now, Binance will probably implement the off-chain burn right after TR flips the switch on the 20th or so. we have to be patient and believe in our position, otherwise it'll be impossible to hold. many will sell, though. I'd probably try swinging a portion of my stack but I'm afraid LUNC will keep going up. maybe it's better not to risk it, and just wait... we've been here since May, what's another 10-15 days?

>>51329787
5/8