/biz/ - Business & Finance

>>51552472
3rd parties are still updating shit so they burn properly
The 1.2% tax is the first and most inefficient method of getting back to 10 billion
Also if binance does decide to burn off chain (which they very likely will announce in the AMA) shit will pop off

>>51371691
50/???

>>51333350
>but if you plan on selling at least some in the next number of months, wouldn't it be smart to keep a decent stack on a CEX to avoid the 1.2% loss for sending it there after the 20th?
yes, that's why I've sent a portion of my overall bag to a couple of cexes, and set up ladders. the other chunk is on Terra Station being staked and held for the next bullrun. if you want to sell LUNC in the short term (1-2 months from now) you're probably better of setting up your cex laders ASAP, before the tax goes live on the 20th.

>>51317077
>If I leave my rewards in, does it compound?
no, you have to manually re-delegate them. I think Allnodes has an auto-redelegation option on their site, but IMHO it's not worth the hassle, just withdraw and redelegate like once every couple of days if you're lazy.

>>51317091
>Fuck, kek.. so, 2una baggie?
sounds good. but leave Ben Garrison in there, most normies won't recognize the name and it doesn't sound offensive at first glance.

interlinked >>51298399

Listen once per day:
https://vocaroo.com/1fk7klnZQdct
https://vocaroo.com/1fk7klnZQdct
https://vocaroo.com/1fk7klnZQdct

News: https://medium.com/@edwardkim.ek/a-path-to-recovery-for-luna-classic-e7ff076b28ab

For WLUNA Holders: https://www.binance.com/en/support/announcement/f14b7fc184b74237a9e68796a2939dec

How to STAKE for newfags
>download terra station on your phone
>create a new wallet
>go to settings and switch network to classic
>withdraw your LUNC from the exchange (you do not need a memo to withdraw! memos are only for sending to exchange!)
>once you receive your coins go to stake screen
>choose a validator and delegate to them
>withdrawal of rewards can be done anytime, unstaking takes 21 days to unlock your coins

it's literally that easy.

>helpful links

>Worm hole for Wluna
https://docs.terra.money/docs/learn/terra-station/wormhole.html
>Staking rewards calculator
https://www.stakingrewards.com/earn/terra/
>Terra Shuttle sun setting video
https://youtu.be/HMVLiZpbpeo [Embed] [Embed] [Embed]
>HCC video on delegations
https://youtu.be/EtrHi-kuDsc [Embed] [Embed] [Embed]
>HCC video on changing coin rewards
https://youtu.be/TZFqryj4ee8 [Embed] [Embed] [Embed]
>Learn to stake on Terra Station
https://classic-docs.terra.money/docs/learn/terra-station/staking.html

>>51260014
>Nigger stole 80b he's not going to jail and can retake this coin any moment if he hasn't already
nah, he pocketed around 2 billion... half from siphoning tens of millions monthly while LUNA was at its ath, and the rest from embezzling his portion of the BTC reserves (his whale backers took the rest). but Kwon taking over LUNC behind the scenes would be unironically bullish for us post-crash buyers, he'd probably push it back up to at least $5. but I doubt he's getting involved directly, he's got too much heat on him from dozens of lawsuits, and he's gonna be in and out of court for years to come. even if he's meddling into LUNC it's probably an afterthought to him.

>>51260037
>Seems like DK wants to be getting back in the game and help TR with LUNC now. Why would he do that? guilty conscience?
the dude's a sociopath, he has no conscience. if he's helping he's doing it so he can use it to strengthen his position in court once Worst Corea decides to prosecute him in a couple of months after they've built the case against his company (and him personally).

>>51260062
>maybe he is realising that there's a better chance to revive lunc with the burn in comparison to tuna, not sure how I feel about it though
the dude is a jackass, but he's not dumb. hubris probably made him discard CZ's advice and do a fork instead of a burn. it's possible he's coming around now, and will genuinely try to help LUNC's cause to improve his image and blunt SK's prosecution against him. we'll see.

>>51248660
5/6

>>51248659
>looks more like a black person, niggers usually do not sit on dev meetings, their natural environment is the hood and prison
Perry's alright, he's a good old-fashioned Uncle Tom negro. if this were the 1700s I wouldn't mind having him as my house-nigger/butler.