Doge Kwon
25 posts
@DogeKwon
An Unstable Lunatic. Also a living, breathing parody.
[DB] BNB CHAIN: All funds are safe
[DB] Do Kwon Is Currently Not in Singapore: Reuters Citing SG Police
Good morning future millionaires, seems to be a good day to buy some #LUNC 💹
🧵 Some of you thought $80m per month was bad. That's nothing. Here's how Do Kwon cashed out $2.7 billion (33 x $80m!) over the span of mere months thanks to Degenbox: the perfect mechanism to drain liquidity out of the LUNA & UST system and into hard money like USDT. (1/13)
8/ As of now, the Foundation’s remaining reserves consist of the following assets: · 313 $BTC · 39,914 $BNB · 1,973,554 $AVAX · 1,847,079,725 $UST · 222,713,007 $LUNA (of which 221,021,746 is currently staked with validators)
FTX will delist LUNA-PERP on May 13, 2022 at 4:45pm (UTC). Please see details here: help.ftx.com/hc/en-us/artic…
5. I am very disappointed with how this UST/LUNA incident was handled (or not handled) by the Terra team. We requested their team to restore the network, burn the extra minted LUNA, and recover the UST peg. So far, we have not gotten any positive response, or much response at all
The community is deciding on a new @terra_money, between restoring a snapshot prior to attack, removing TFL, fully collateralizing UST and drafting & deliberating new mechanisms for $LUNA. We must salvage the remaining value in the ecosystem & community and rebuild the right way
