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$LUNC $LUNA
Great news!!!
Terra posted on the X platform:
The bankruptcy court order in TFL's Chapter 11 case authorizes TFL to do the following: 1. Reopen Shuttle Bridge to redeem wrapped assets on Terra Classic; 2. Cancel the delegation and destroy 150 million LUNA obtained from Terra community funding. Pursuant to the court order, TFL intends to transfer all assets held in the Shuttle Bridge wallet to a new, more secure wallet and provide a new, simplified Shuttle Bridge interface that allows users to redeem wrapped assets from the bridge wallet within 30 days of the effectiveness of TFL's Chapter 11 plan. Thereafter, TFL will permanently close Shuttle Bridge and will destroy all remaining assets. In addition, TFL will initiate the staking process for the 125 million LUNA currently staked by the 49 validators selected by Terra.
Great news!!!
Terra posted on the X platform:
The bankruptcy court order in TFL's Chapter 11 case authorizes TFL to do the following: 1. Reopen Shuttle Bridge to redeem wrapped assets on Terra Classic; 2. Cancel the delegation and destroy 150 million LUNA obtained from Terra community funding. Pursuant to the court order, TFL intends to transfer all assets held in the Shuttle Bridge wallet to a new, more secure wallet and provide a new, simplified Shuttle Bridge interface that allows users to redeem wrapped assets from the bridge wallet within 30 days of the effectiveness of TFL's Chapter 11 plan. Thereafter, TFL will permanently close Shuttle Bridge and will destroy all remaining assets. In addition, TFL will initiate the staking process for the 125 million LUNA currently staked by the 49 validators selected by Terra.
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Have you made any money in the recent market?
Do the chips in your hand not go up if you don’t sell them, but they go up as soon as you sell them?
It always feels like the banker is staring at you, and what goes up is always someone else's. When your own pie goes up, it goes up a little, but when it goes up, you can't bear to let it go. When the pie is fine-tuned, it plummets, and you are always making choices?
Do you always feel that the market is about to come back, but you don’t dare to open a position when it comes back? It feels like it’s just a rebound, but the result is a direct reversal. After the reversal, you are afraid that the market will come back and hit the top of the mountain?
Are you talking about you?
If this is you, the gears of your destiny will start turning from now on
Do the chips in your hand not go up if you don’t sell them, but they go up as soon as you sell them?
It always feels like the banker is staring at you, and what goes up is always someone else's. When your own pie goes up, it goes up a little, but when it goes up, you can't bear to let it go. When the pie is fine-tuned, it plummets, and you are always making choices?
Do you always feel that the market is about to come back, but you don’t dare to open a position when it comes back? It feels like it’s just a rebound, but the result is a direct reversal. After the reversal, you are afraid that the market will come back and hit the top of the mountain?
Are you talking about you?
If this is you, the gears of your destiny will start turning from now on
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$LUNC
1. Terraform Labs is negotiating with a third-party agency to sell related bankruptcy assets (platform products and services). If the sale is not reached before October 31, this part of the business will be closed. This is also the most noteworthy acquisition event in recent times; 2. The community has voted to pass the $LUNA 5% destruction proposal and has completed the destruction. All remaining $LUNC $USTC and other tokens in the wallet must also be burned before October 31; 3. The bankruptcy court has officially approved TFL's business closure and bankruptcy liquidation plan, and it is expected to pay 180-440 million US dollars to the affected stakeholders; 🪔 Terraform Labs' bankruptcy process has basically ended, and Terra tokens are gradually moving towards a more "decentralized path". The slow development of the ecosystem is also the biggest criticism at present. You can pay attention to the development of the Terra community in the future. I will also update any major news! In addition, the market for platform sales + Do Kown extradition from prison is expected to still exist, and a short-term ambush can be made
(The risk of an overall market decline is not ruled out)
1. Terraform Labs is negotiating with a third-party agency to sell related bankruptcy assets (platform products and services). If the sale is not reached before October 31, this part of the business will be closed. This is also the most noteworthy acquisition event in recent times; 2. The community has voted to pass the $LUNA 5% destruction proposal and has completed the destruction. All remaining $LUNC $USTC and other tokens in the wallet must also be burned before October 31; 3. The bankruptcy court has officially approved TFL's business closure and bankruptcy liquidation plan, and it is expected to pay 180-440 million US dollars to the affected stakeholders; 🪔 Terraform Labs' bankruptcy process has basically ended, and Terra tokens are gradually moving towards a more "decentralized path". The slow development of the ecosystem is also the biggest criticism at present. You can pay attention to the development of the Terra community in the future. I will also update any major news! In addition, the market for platform sales + Do Kown extradition from prison is expected to still exist, and a short-term ambush can be made
(The risk of an overall market decline is not ruled out)
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CryptoQuant Analyst
SignalQuant posted that the recent BTC price plunge has dealt a serious blow to long position holders. The scale of this long liquidation is the largest in the past year, and we estimate that this long squeeze is also quite significant. However, we cannot easily conclude that the market will rebound after experiencing a large-scale multi-order liquidation. Because between August and October 2023, prices experienced several months of correction before rebounding. Therefore, it recommends that investors maintain a "temporarily less greedy and more conservative" mentality when investing.
$BTC
$ETH
$LUNC
SignalQuant posted that the recent BTC price plunge has dealt a serious blow to long position holders. The scale of this long liquidation is the largest in the past year, and we estimate that this long squeeze is also quite significant. However, we cannot easily conclude that the market will rebound after experiencing a large-scale multi-order liquidation. Because between August and October 2023, prices experienced several months of correction before rebounding. Therefore, it recommends that investors maintain a "temporarily less greedy and more conservative" mentality when investing.
$BTC
$ETH
$LUNC
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$WLD
WLD has unlocked 6.62 million tokens every day since July 24, which means 18 million US dollars will be unlocked every day at the current price, for 730 days, or two years.
How does the market deal with such a release behavior?
You can review the trend of CRV and SUSHI at the time
WLD has unlocked 6.62 million tokens every day since July 24, which means 18 million US dollars will be unlocked every day at the current price, for 730 days, or two years.
How does the market deal with such a release behavior?
You can review the trend of CRV and SUSHI at the time
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$LUNC
In Terra Shuttle contract
Another 93 million#LUNCand 87 million#USTChave been removed from BSC circulating supply.
A large amount of USTC has been withdrawn from circulation. USTC is one step closer to re-pegging. Slashing and burning will continue in the coming days. ✔️
Holders should continue to pay attention
Actively check the on-chain data
https://lunc.tech/
In Terra Shuttle contract
Another 93 million#LUNCand 87 million#USTChave been removed from BSC circulating supply.
A large amount of USTC has been withdrawn from circulation. USTC is one step closer to re-pegging. Slashing and burning will continue in the coming days. ✔️
Holders should continue to pay attention
Actively check the on-chain data
https://lunc.tech/
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