Do $LUNA whales need a bailout? Vitalik Buterin has called on the smaller Terra investors to be reimbursed while the whales can take “personal responsibility” and cop the loss.
Ethereum co-founder Vitalik Buterin thinks that the beleaguered Terra project should prioritize small hodlers as part of any proposed reimbursement plan.tanking 100% and the TerraUSD stablecoin losing its United States dollar peg, priced at $0.16 at time of writing.
all of the initial deposits of small UST holders to “greatly improve general morale and sentiment” while figuring out how to sort creditors and larger investors later. The payout is estimated to cost between $1 billion to $1.5 billion.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Binance CEO CZ to support Terra community but expects more transparencyWhile showing support for the Terra community, CZ highlighted the need for “more transparency,' including details about specific on-chain transactions (transaction ids) of all the funds.
Lire la suite »
Terra fork won't work, says Binance CEO Changpeng ZhaoBinance CEO Changpeng Zhao doesn't think Terra's plan of forking the blockchain will work because it won't provide any value.
Lire la suite »
Crypto Billionaire Says Terra Wasn’t as Bad as TheranosDo Kwon’s failed stablecoin is not necessarily a Ponzi scheme, according to Sam Bankman-Fried
Lire la suite »