Bandika

379 posts

Bandika

Bandika

@tera_bitz

tera bitz ❤ 🔥 validator of LUNC $LUNC: Live. Laugh. Love.

Budapest, Hungary Katılım Mayıs 2022
150 Takip Edilen111 Takipçiler
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Z3r0w 🔶 Traders
Z3r0w 🔶 Traders@_Z3r0wTraders·
When the SEC, FED, or any government knocks with subpoenas, demands transaction data, or threatens charges — these “privacy coins” comply. They delist. They bend. Their “privacy” comes with a kill switch. Governments don’t need to break the tech — they just pressure the people/companies in charge. Real privacy needs no central point of failure. That’s why $USTC on Terra Classic could be revolutionary: • No team • No company • No foundation • No founder control since 2022 • Pure community governance: validators + holders vote everything Add zk-proofs/shielded transactions? Private payments by default. Algorithmic. Truly unstoppable. Gov wants a transaction revealed? There’s no door to knock on. No entity to subpoena. No one to charge or fine into compliance. $USTC privacy = unbreakable, regulator-proof reality. $LUNC $USTC #TerraClassic #TruePrivacy #NoKillSwitch
Z3r0w 🔶 Traders@_Z3r0wTraders

Privacy coins like Zcash or Monero all have teams, foundations, or entities driving them. But imagine the world’s first truly decentralized, community-driven privacy stablecoin — with no team, no company, no central entity. Just pure on-chain governance by holders and validators. That’s $USTC on Terra Classic. Since the 2022 collapse, Terra Classic has operated with zero central control: •No founder •No official team •No foundation funding •Everything decided via community governance proposals This makes it uniquely positioned to become the ultimate private payment coin. $USTC with built-in privacy features (zk-proofs, shielded transactions) — private by default, algorithmic stability mechanics, and fully decentralized from day one. No backdoors. No single entity to pressure or regulate. Real privacy without compromises. Other stablecoins expose your entire transaction history. We can change that. Terra Classic is battle-tested at extreme scale and ready for a comeback. Let’s build the future of private payments — community-owned and unstoppable. $LUNC $USTC #TerraClassic #CryptoPrivacy #DecentralizedPrivacy

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🧬Maxpein🧬
🧬Maxpein🧬@maximumpain333·
WE ARE SUPPOSED TO HAVE 13 MONTHS IN A YEAR; 28 DAYS EXACTLY WITH ONE DAY OF RENEWAL A YEAR SHOULD HAVE 13 MONTHS IF WE HAD 13 MONTHS INSTEAD OF 12, EVERY MONTH WOULD BE EXACTLY 28 DAYS, THE 1ST WOULD ALWAYS BE A MONDAY, AND THE 28TH WOULD ALWAYS BE A SUNDAY. EVERY MONTH WOULD HAVE EXACTLY 4 WEEKS INSTEAD OF 4.257 AND WE WOULD PROPERLY ALIGN OURSELVES WITH THE CYCLE OF THE MOON. Keep in mind women's periods are 28 days, the ocean tides are 28 days, and the moon cycle is 28 days. That's why we call it a month, because the cycles were originally derived from the moon(s). All of this was changed to make us out of sync with the moon & stars and also hide our history. ~ Ava Leopoldo ✨🙌🏾💫
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PinkUnicorn80
PinkUnicorn80@PinkUnicorn80_·
There is a lot of inaccurate information going around about Binance and #TerraClassic, so I thought I would clear a few things up. 🗣️ Claim #1: Binance holds 6 trillion $LUNC. ❌False: Binance actually holds 1 trillion fewer $LUNC than they did even a year ago. I have tracked the holdings, including many of the wallets that have been moving large amounts of $LUNC, for some time. In Feb. 2023, the hot wallet held 2,256,389,485,687 $LUNC. Today, it holds 1,786,533,132,306 $LUNC. Many of the other wallets that are often linked to Binance, hold about half of what they used to. So regardless of who actually owns the $LUNC, there is one fact that cannot be ignored. The holdings are decreasing. 🗣️Claim #2: Binance received 6 trillion $LUNC when the chain crashed. ❌ False: Around 3 trillion $LUNC moved through the Binance wallets. Of that 3 trillion, at least 12 of the now whitelisted wallets received 50B $LUNC, and then moved those 50B to many smaller wallets. On the surface, it shows that almost 6 trillion moved through the wallet, but when you look deeper into the layers, you see that just under 3 trillion moved in, and just over 3 trillion moved out. Most of that began to move into a "loop" (that we now know is a safety measure used by Binance). Shown in the image was the old deposit wallet, but it clearly shows the incoming and outgoing values. To be clear, I only post this to show the reality of the situation, and why it is so important to support the builders on #TerraClassic. Yes, we have been gifted a wonderful opportunity when @Binance started to burn for us, but never did they say to "stop and wait". They gave us a lifeline, and it is important that we are wise enough to use it.
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TerraNewsEN (TNEWS)
TerraNewsEN (TNEWS)@TerraNewsEN·
The Terra Classic chain is reactivating its robust protocols. A vote has been opened to fix broken contracts. Cosmos connectivity is being restored with an SDK upgrade. The features that brought Terra to the top are being reactivated. These improvements are welcome, but they are not impacting the prices of $LUNC and $USTC. LUNC and USTC should start to rise now... #LUNC #USTC #TerraClassic #Cosmos #Bullish
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#D🍪 Cookie King 👑
#D🍪 Cookie King 👑@LUNC_Cookies·
Ok #LUNC this is it. Your friendly neighborhood #Cookie has your solution 👇 📜 Proposal: Multi-Fiat Stablecoin Mint Protocol on Terra Classic Objective Replace fragile algorithmic designs (like old USTC) with a family of fully-collateralized fiat stablecoins (EUTC, GBTC, CNTC, JPTC, KRTC, etc.). Each stable is minted against deposited collateral on-chain, fully backed, and stabilized through USTC + USDC trading pairs. The peg is enforced by mint/redeem arbitrage plus oracle-fed global FX prices. ⸻ 🔹 1. Fiat Stablecoin Family •EUTC = Euro stable •GBTC = British Pound stable •CNTC = Canadian Dollar stable •JPTC = Japanese Yen stable •KRTC = Korean Won stable (and others added by governance vote) Each token = 1 unit of fiat equivalent at the oracle-reported exchange rate. Example: 1 EUTC = 1.00 EUR worth in USD terms. ⸻ 🔹 2. Mint / Redeem Mechanism •Users deposit collateral (LUNC, COOKIE, or approved assets). •Smart contract calculates required deposit based on oracle price feed + over-collateralization ratio (e.g. 150%). •Stablecoin minted to user’s wallet. •To redeem, user returns the stablecoin → collateral is unlocked minus fees. Formula (example minting EUTC): \text{Collateral required} = (\text{Stable Amount} \times \text{EUR/USD}) / \text{Collateral Price in USD} \times \text{CR} ⸻ 🔹 3. Price Discovery & DEX Liquidity Each stablecoin will have core trading pools for arbitrage and price alignment: •[Fiat Stable] / USTC •[Fiat Stable] / USDC Why? •USTC is the “legacy” stable on Terra Classic; pairing ensures alignment with ecosystem revival goals. •USDC provides an external stable anchor, strengthening trust and giving traders an exit to widely recognized USD parity. •Together, these pools create two-way arbitrage pressure to hold fiat stables near their oracle-defined value. ⸻ 🔹 4. Oracle & FX Feeds •Governance-approved oracles provide real-time fiat FX rates (EUR/USD, GBP/USD, etc.) and collateral prices (LUNC/USD, COOKIE/USD). •Feeds updated every block/minute with medianized values from multiple providers. •If oracle feed halts → minting is paused until price certainty restored. ⸻ 🔹 5. Stability Through Arbitrage •If a stable trades above peg: → Anyone can mint new supply at oracle value and sell on DEX → price pulled down. •If a stable trades below peg: → Arbitrageurs buy cheap stable on DEX and redeem for collateral → price pulled up. •This mechanism auto-regulates supply and keeps price within tight bands, without seigniorage debt or under-collateralized risk. ⸻ 🔹 6. Governance Safeguards •Over-Collateralization Ratio (CR): Initially 150% for volatile assets. Adjustable by governance. •Debt ceilings: Limit per-stable supply until tested. •Mint & redeem fees: Small % fee to deter abuse, fund protocol operations, and burn LUNC/COOKIE. •Emergency pause: Governance can halt minting in oracle failures or extreme volatility. ⸻ 🔹 7. Revenue Model •Mint/Redeem fees (e.g. 0.2%–0.5%). •Trading fees from DEX POL pools. •Allocation of fees: •% to Community Pool (fund development & chain ops). •% to LUNC burn (direct supply reduction). •% to DAO reserve (grow backing). ⸻ 🔹 8. Benefits for Terra Classic •Creates a suite of real, usable stablecoins on-chain, collateralized and safe. •Brings organic volume to USTC via pairing with every fiat stable. •Enables arbitrage loops between USTC, USDC, and new fiat stables → deep on-chain liquidity. •Positions Terra Classic as a multi-currency stable hub, unique in the Cosmos ecosystem. ⸻ ✅ Key Difference from USTC Past Failure: No algorithmic mint/burn, no under-collateralization. Every stable is minted only when fully backed by deposited collateral. ⸻
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BB5 🛸 ✨
BB5 🛸 ✨@BullBoss5·
USTC supply (5–6B) makes a repeg challenging. One possible path could be to repeg the smaller stables first ( $EUTC, $KRTC, $JPTC ... ) With a solid AMO (Auto Market Op), low supply makes them easy to repeg. Profits could fund collateral for a progressive $USTC repeg, fill the oracle pool and reduce $LUNC supply. What’s your opinion on this ? 👇
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Nicolas Boulay
Nicolas Boulay@NicolasBoulay·
Discussions being had in the #LUNC Validator channel about over collateralizing and minting #EUTC and peg to 1€ and pooled with #USTC to offer a native stable coin onchain. We would also look to peg IDTC and possibly GBTC as we go and lets arbitrage traders make the market. 1/3
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🧌 luncgoblins 🧌
🧌 luncgoblins 🧌@luncgoblins·
Shit is gettin' hot in here 🔥
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Juris Protocol
Juris Protocol@JurisProtocol·
@frag_dude casually dropping a christmas present for us in the $juris founders chat 😳 Leaking some alpha for the impatient $lunc chads 👀 Merry Christmas y'all ❤️ 🎁🎄
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K_raucks
K_raucks@k_raucks·
Hey #TerraClassic projects. Please join testnet and assist in testing the new #burntax approach. 🛠️ #lunc #LUNCcommunity
StrathCole@ColeStrathclyde

Hey #LUNCcommunity, the reverse charge approach for #burntax is live on rebel-2 testnet now. This is a call to all dApps and developers to deploy / test their contracts on rebel-2 to test and verify that the approach is backwards-compatible and does not break existing apps while allowing non-#terraclassic dApps to deploy seemlessly. Tests conducted by myself on rebel-2: Deployed NFT collection ✅ Minted 10 NFT in batch for 1,500,000 ✅ Tax paid by dApp user (old calculation) was refunded ✅ Recipient (share 97.5%) received 1,455,041 which is 97% (tax deducted) ✅ 1,000,000 sent via tc wallet using keplr extension, sender pays no tax ✅ 1,000,000 sent via tc wallet using keplr extension, recipient gets 995,000 ✅ 1,000,000 sent via command line client, sender pays no tax ✅ 1,000,000 sent via command line client, recipient gets 995,000 ✅ Bidding 10,000,000 on an NFT (deposit to contract), sender pays no tax ✅ Withdrawing the bid again (withdrawal from contract), recipient pays 50,000 tax (receives 9,950,000) ✅ @GarudaNodes @_Terraport_ @LbunProject and everyone else I didn't tag. Cheers. #LUNC #dApps

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Mr. Diamondhandz1💎
Mr. Diamondhandz1💎@MrDiamondhandz1·
UPDATE: $LUNC L1 developer @ColeStrathclyde announces the reverse charge approach for the $LUNC burn tax is now live on rebel net. See the post below for full details! 💎🤲🏻 #Crypto #LUNC #Binance
StrathCole@ColeStrathclyde

Hey #LUNCcommunity, the reverse charge approach for #burntax is live on rebel-2 testnet now. This is a call to all dApps and developers to deploy / test their contracts on rebel-2 to test and verify that the approach is backwards-compatible and does not break existing apps while allowing non-#terraclassic dApps to deploy seemlessly. Tests conducted by myself on rebel-2: Deployed NFT collection ✅ Minted 10 NFT in batch for 1,500,000 ✅ Tax paid by dApp user (old calculation) was refunded ✅ Recipient (share 97.5%) received 1,455,041 which is 97% (tax deducted) ✅ 1,000,000 sent via tc wallet using keplr extension, sender pays no tax ✅ 1,000,000 sent via tc wallet using keplr extension, recipient gets 995,000 ✅ 1,000,000 sent via command line client, sender pays no tax ✅ 1,000,000 sent via command line client, recipient gets 995,000 ✅ Bidding 10,000,000 on an NFT (deposit to contract), sender pays no tax ✅ Withdrawing the bid again (withdrawal from contract), recipient pays 50,000 tax (receives 9,950,000) ✅ @GarudaNodes @_Terraport_ @LbunProject and everyone else I didn't tag. Cheers. #LUNC #dApps

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⚽️♥️♣️TerraCasino♦️♠️🔥
To support $USTC Repeg initiatives, shall we add and burn USTC on TerraCasino?! Drop a LIKE if you want us to burn USTC ❤️🔥
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