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Do Kwon 🌕

@stablekwon ↗

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Last Checked May 20, 2022

Created

Sat Apr 09 01:34:21 +0000 2022

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463

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14

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Do Kwon 🌕 @stablekwon

3/ https://t.co/RXs42ad8qC Ignorant noise — PolitiTweet.org

Jack Niewold 🫡 @JackNiewold

So it's bad for LUNA price, for one. But it's also weird to me that this core 'burn' mechanism has now been used t… https://t.co/SU1JZ9vdg2

Posted April 9, 2022

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Do Kwon 🌕 @stablekwon

2/ https://t.co/NuT1XOypNB Luna does get burned 1:1 with UST minted - all you need to do is to try to do it yourse… https://t.co/Z2eXEYs6ZA — PolitiTweet.org

Jack Niewold 🫡 @JackNiewold

1. 'BURNED' $LUNA DOESN'T GET BURNED Previously if you swapped $UST for LUNA, it would burn $LUNA. NOW, if a user… https://t.co/bMLGT1CtpD

Posted April 9, 2022

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Do Kwon 🌕 @stablekwon

4/ https://t.co/CHExwaUS9f "ICO profits" imply there is a party profiting If building reserves is "ICO profits",… https://t.co/M9PFvaw3jg — PolitiTweet.org

Jack Niewold 🫡 @JackNiewold

2. THE BTC BACKSTOP IS PAID FOR BY ICO PROFITS The $BTC backstop is $10b, and paid for with a few different source… https://t.co/HBfZrGSTy7

Posted April 9, 2022

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