Conversation

Oct 22, 2021

Next week, we will uphold

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.

GIF

read image description

ALT

241

1,611

5,590

Wolff Sashito

@0xWolff

Oct 22, 2021

But it was planned that we are taking only 1 billion UST from the burn to bootstrap Ozone. Did anything change?

Replying to

and

Luna prices went up 3x! The resultant UST will to the community pool, so the community can debate how much ozone needs when that prop goes up

7:24 AM · Oct 22, 2021Twitter Web App

Replying to

and

Thanks.

Replying to

and

Nope 1B should be the burn amount … keep the rest of LUNA as is

funny guy

Show additional replies, including those that may contain offensive content

Show