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.

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- if you dont mind me asking.... What influenced your decision to go with $3-4 billion rather than $1 billion? Wouldn't it be preferable (just musing) to keep 2-3Bn aside for

@anchor_protocol

yield reserve, peg stability or other projects?

krettyX

@KrettyX

Oct 22, 2021

He said in his tweet that all $LUNA in community pool will be burned for $UST however only 1 billion will go to Ozone and rest will stay in pool as $UST for further community vote on spending it