Ex-Terra Rebels Quant Team Member. Check out my articles on https://xitter.cf/t.co/EoKWr7OJCN (Not Financial Advice)
Joined May 2022
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A plan to:
1. Manage and rebalance the $BTC backing $USTN
2. Grow the circulation and utility of $USTN
3. Peg defense
4. Allow centrally controlled cryptos to back $USTN
5. Create a revenue stream for the Terra Classic community
link.medium.com/lybROJyV5tb
Flumius retweeted
BREAKING: Ro Khanna has introduced a new reform plan that:
- bans stock trading for Congress + spouses
- bans Congress from lobbying after
- 12 year limits for Congress
- ban lobbyists + PACs donations
He directly mentions Unusual Whales work in fighting corruption.
Let's go.
Flumius retweeted
🧵 New blockchain data reveals the root cause of the May UST depeg. In the 3 weeks leading up to the depeg, one entity dumped over $450m of UST on the open market. 4 days after their last sale, UST started collapsing.
That entity? None other than Terraform Labs. Details inside.
Flumius retweeted
Updated: LUNC current proposals for discussion (pinned to my profile for reference)
Architecture/USTC Repeg
@ZaradarTR
link.medium.com/t2h7s7Ufpub
AFT
@4lex_4sh4w_TR
link.medium.com/t3IdKw6fpub
Governance Structure
medium.com/@sam-m/first-draf…
Flumius retweeted
My thoughts on Terra Classic Proposal 5234 link.medium.com/dKydxqS77tb
Flumius retweeted
#LUNCCOMUNNITY #Lunatics #Luncarmy
Proposal 5234 is now up to vote on.
Please read it carefully and take time to vote.
I have included a thread I wrote below if you'd like to see why I think it is important to vote yes
Vote how you believe but make sure you don't do it blindly
1/2 @Akujiro2 will be releasing a proposal to reduce the burntax soon. Please dont be scared of the words reduction of burn tax, keep reading. It will be more in line with CEX % and also make sure part of the money is put towards the community pool,
Flumius retweeted
Other than justice for direct victims, there are second-order impacts that necessitate punitive measures for the perpetrators of Celsius/Terra/Hodlnaut/etc.
Without such consequences, new scammers have a perfect blueprint - they will merely replicate the scheme & ruin more lives
Who Holds the Majority of $USTC?
link.medium.com/puRq6KRUUsb
I’ve been thinking…Maybe $USTC starts with a one way peg to $LUNC but floating instead of hard peg… medium.com/@joshfranks/lunc-…
Something I came up with to burn 1.5 billion $USTC in 200 days
link.medium.com/P8WAD6X1hsb
Flumius retweeted
OC has always prided ourselves on being a premiere community validator who supports the wishes of the communities we are involved in. In line with this, it’s become clear based on the votes for Terra Classic Prop 4159 that the community is in support of it, so we voted “Yes” ✅
This is great! I hope your listening @orion_money
This quoted post is unavailable.
Proposal 4159 station.terra.money/proposal…
Must be approved by validators making up 67% of the vote. Hopefully @danku_r ‘s team will help him understand the importance of this vote to the #TerraClassic community.
Because the alternative is to do nothing and let $LUNC die.