In summary, Terra VIPs like @stablekwon and @stablechen have created the perfect staking island for themselves where they have been earning jaw-dropping farming rewards unencumbered via insider trading, tokenomics adjustments, and barriers to entry. It's been 3 whole weeks.https://twitter.com/FatManTerra/status/1531706444780912641 …
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It makes sense to reward them for all they’ve done for us… errr… wait…
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Again you are missing the bigger point - they can determine the swap tax fee and impose up to a 100% tax on any outside mint/burn to recapitalize the Terra 1 network
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Are they doing that though? For now I'm only mentioning what they are actively profiting from, not what they might do in the future
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To clarify, are you talking about the now LUNC chain staking rewards that although are worth fractions of a penny, in large enough quantities are still tradable as huge sums? wouldn't that require a great deal of effort to keep secret should they sell? Maybe they burn?
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And .
@cz_binance was oblivious to everything
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@stablekwon was probably just a front man.
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Contract itself shouldn't be "changeable" as far as I know. At least on ethereum network...
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