September 27, 2022

The head of Terra spoke out against the burning of LUNA tokens

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Terra crypto project CEO Do Kwon of Terraform Labs spoke out against the idea of ​​burning LUNA tokens. In his opinion, this is a bad idea that will harm the startup ecosystem. The specialist assured that this would not help. In fact, this action will become complete nonsense and will only aggravate the situation.

Do Kwon assured that any manipulation of LUNA at this stage will not solve the current problem. According to him, it is necessary to think more carefully about the future of the project and the virtual asset before taking any actions to destroy it.

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