🔊 #LUNC and #USTC community woke up to a new offer. Don't take my word for it, they are trying to force the exchange of LUNC <span USTC, which is the chain market module, by sharing similar offers with the community, which have been modified and transferred from developer a to developer b.
▶️I actually saw this offer yesterday, but since I was curious about the comment of the USTC quant team, I wanted to wait for it. As I predicted, the#QuantUSTC team says that such a gradual increase would be unnecessary and carries risks.
☑️If we go into detail, they argue that the trend towards the chain will be reset after there is no arbitrage return and USTC demand. They believe that if the module is activated, that is, if the USTC and USTC bond is repeated, the price will drop even further.
🫠Similar offers have been made a year ago and until today, but in essence, not a single step has been made. (maybe this is how it is shown to us) Our USTC quant team is a salaried team and receives serious payments ⬇️
⚠️ Our USTC Quant team prepared simulations with pros and cons for CEXs and presented them to exchanges such as (binance, kucoin, okx). I'm guessing it's been two months or maybe more, but since they haven't received a response yet, part of the community is putting forward different offers without waiting for CEX.
🔜🧠My personal comment; As I said, I think these interim offers are aimed at keeping the investors' expectations higher and dragging them to the bottom again, in order to keep them alive.
Even if the market module is approved by the community without reducing the USTC supply, it will not be supported by major players and investors. The biggest example of this is that we gave birth to 8 signatories without listening to the community that said let's burn 800 million USTC.
$LUNC $USTC $LUNA #LUNA
▶️I actually saw this offer yesterday, but since I was curious about the comment of the USTC quant team, I wanted to wait for it. As I predicted, the#QuantUSTC team says that such a gradual increase would be unnecessary and carries risks.
☑️If we go into detail, they argue that the trend towards the chain will be reset after there is no arbitrage return and USTC demand. They believe that if the module is activated, that is, if the USTC and USTC bond is repeated, the price will drop even further.
🫠Similar offers have been made a year ago and until today, but in essence, not a single step has been made. (maybe this is how it is shown to us) Our USTC quant team is a salaried team and receives serious payments ⬇️
⚠️ Our USTC Quant team prepared simulations with pros and cons for CEXs and presented them to exchanges such as (binance, kucoin, okx). I'm guessing it's been two months or maybe more, but since they haven't received a response yet, part of the community is putting forward different offers without waiting for CEX.
🔜🧠My personal comment; As I said, I think these interim offers are aimed at keeping the investors' expectations higher and dragging them to the bottom again, in order to keep them alive.
Even if the market module is approved by the community without reducing the USTC supply, it will not be supported by major players and investors. The biggest example of this is that we gave birth to 8 signatories without listening to the community that said let's burn 800 million USTC.
$LUNC $USTC $LUNA #LUNA