Conversation

Do Kwon 🌕
@stablekwon
Next week, we will uphold
@terra_money
signal prop 44 and initiate a proposal to burn 90M Luna in the community pool to mint $UST for Ozone. This will reduce Luna total supply by 90M, and increase $UST supply by roughly 3-4 billion.
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Do Kwon 🌕
@stablekwon
A byproduct of this operation is that a lot of swap fees will accrue, which we expect will result in $LUNA staking returns (minus airdrops) to 5 x.
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