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$luna 2.0 needed to align incentives between builders and community.
You cannot pay a debt with money you don’t have. $luna 1 was rekt.
It couldn’t be about settling a debt, you can’t start a new project carrying it
It was about creating value from all the broken pieceshttps://twitter.com/FatManTerra/status/1531675439667810311 …
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Replying to @THORmaximalist
Here's the thing. I actually like the points you made a lot and agree with a lot of them. However, I do think TFL needs to step up and take some responsibility when they cashed out billions from the project. Some of that should be put towards restitution. Wouldn't you agree?
5 replies 9 retweets 63 likes -
Replying to @FatManTerra
Yea. I don't disagree. I think it couldn't be bad for the community to take over at this point, the authority figures are very polarizing, not in a good way. There's no coming back from that, it's like a big anchor that will drag you down.
1 reply 0 retweets 3 likes -
Replying to @THORmaximalist
I support Terra 2 - it will do great things. I support creating new value to benefit all investors, new and old. I do, however, have to reiterate that current leadership is incompetent & unethical. They must hand control back to the builders.
1 reply 1 retweet 11 likes
They secretly gave themselves over 3.3% of the LUNA supply while telling you guys in the validator chat that they own zero tokens. That's just not the way.
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