There are 1.85 billion USTCs in the Luna Foundation. This is the most critical point. What will happen to these USTCs?
▪️ It was announced that all of the LUNA Foundation funds would be distributed to UST victims. Such a decision was made by the Luna Foundation.
▫️ When we look at the SEC agreement, this situation is also seen. It will most likely be distributed to the victims!
⚠️I WISH IT WAS BURNED! I waive my rights as a UST victim. I want it to be burned.
✔️If it is not burned and a decision is made to distribute it, how will it happen? The way it will be distributed is very important. I will make a few comments on why it is very important.
1⃣ Will these funds be distributed directly as USTCs? Will it be distributed in $ by calculating and selling at the market price.
2⃣If it is distributed as USTCs; will it be distributed all at once? Will it be distributed in certain periods within the framework of a plan?
▫️ Will these USTCs be purchased by a fund at once? In our opinion, the possibility is very high! We wouldn't be surprised if something like this happens.
▫️ These funds; It would be the most logical if they were distributed within the framework of a plan, but it wouldn't work for them.
▫️ These funds can be given in full as USTC at once. In this case, the USTC price will fall even more and they may have the opportunity to buy it cheaper than the market.
⚠️ In order to avoid market manipulation, can it be said that it will be purchased by a fund at once and its value will be distributed in $? At this point, we need to follow the LUNA FOUNDATION. They will make the official statement soon.
Your opinions will also contribute. I will read it with interest. Write your predictions!