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Important thread. Looks like Stader (with Do Kwon's assistance) are creating their own shadow nodes (not sure why, but a side effect is it pushes smaller nodes out of the active set, removing their voting power). More governance manipulation from an already predatory protocol.https://twitter.com/R3d_Herring/status/1535282909602406401 …
I hope that there is a reasonable explanation for this, like the thread says. Maybe there is an innocent reason for suddenly delegating a load to a fresh node with no site and getting a 1M delegation from Do Kwon (without public disclosure). But... no statement, no transparency.
Here is Stader's response. They have apologized and will try to implement a multisig for control whenever they are able to.https://twitter.com/staderlabs/status/1535304257829621760 …
I mean. People just throw money at “not so stable Do Kwon” no matter how many rug pulls he’s done. I don’t get it
People love gambling but in the end they will lose the money lol
Jebus when will all this nastiness stop
What is going to happen with #lunc burn in your opinion?
Strange thing F said. Immediately many floors followed..to pass?
@Stablekwon must disappear from the foundation !! Otherwise people will never, ever be able to recover $$. Or YOU HAVE TO COMMUNICATE WITH THE #COMMUNITY H24!! To make everything TRANSPARENT !! Or are you afraid of the light!?!? #Luna #lunaC #validator #Community
Oh good… add “shadow nodes” to the list of crypto terms that make everything even more confusing. #wluna
Is that what coinbase is doing by seemingly pegging the amount to nothing because even when the price of the chart goes down their price listening stays the same even if it's higher now
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