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Difference between revisions of "LUNA Collapse in May 2022"
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(→Rescue efforts and second depeg: more updates w/ terra ecosystem plan from Do Kwon) |
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* All Luna besides the third tranche should be staked at the network genesis state. | * All Luna besides the third tranche should be staked at the network genesis state. | ||
* The network should incentivize its security with a reasonable inflation rate, say 7%, as fees will no longer be enough to pay for security without the swap fees. | * The network should incentivize its security with a reasonable inflation rate, say 7%, as fees will no longer be enough to pay for security without the swap fees. | ||
</blockquote>The efforts are ongoing. | </blockquote>On May 14th, LUNA rebounded over 1,500% from lows and overtook UST market cap for the first time since the beginning of the depegging event. | ||
The efforts are ongoing. | |||
== Chainlink Oracle failure == | == Chainlink Oracle failure == | ||