3 weeks after the fall of Terra 1, Do Kwon’s .003% share of tokens refuses to cede control of the Terra 1 network. What gives? Check out our latest State of Stake newsletter here:https://newsletter.stakingrewards.com/p/proof-of-misgovernance?s=w …
Might it be because they're slurping 60k% APR from a private staking pool that no one else can access?
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Keep the terra 1 algostable dead so they can launch a new one on Terra 2 with less competition, is my best guess
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60k% APR? How is that possible?
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Check your DMs sir
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Here's a hypothetical question. With regards to minimizing civil liabilities and possible jail time, would Kwon's best course of action be: Start burntax vote, recuse himself from Terra, use any ill-gotten gains to aid in restoring LunaC to it's previous value?pic.twitter.com/FyLc2YOsqJ
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After consulting with lawyers on this matter for several weeks, it's clear that the LUNA case is quite weak and the UST case is very strong, so in terms of minimising civil liabilities his best bet is to carry out the Agora refund proposal or get in touch with class reps
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