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Luna governance in disarray as Do Kwon jokes about Terra ecosystem

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Terra’s Dark Knight is back, and this time FatManTerra Here are some of the most obvious examples of free-fall ecosystems ever seen in cryptocurrencies. FatManTerra started the thread by saying, “Tension is high and big sharks smell blood.” He unveiled a thread detailing a recent conversation between Validator and Terraform Labs.

Thorchain Maximalist recently leaked a chat record from May 12th when the Luna blockchain was offline. FatManTerra has released another conversation from TFL. This shows a growing contempt for the communities that support it. Below is a screenshot containing DoKwon showing him joking while billions of ecosystems have collapsed and are causing people around the world to commit suicide.

Source: Fat Man Terra twitter

What is the mechanism for proposing a concept as a “semi-joke idea”? Frequently used As a tool for proposing ideas without hitting your ego. If the validator simply laughs at the proposal, the proposer has achieved the goal. In addition, if the submission is well received, the right person can claim that it was “only half a joke.” According to an article from the American Psychological Association, “Human beings basically have to belong … this need is deeply rooted in our evolutionary history and has all sorts of consequences for modern psychological processes. . “

But Do Kwon’s ideas are objectively ridiculous given the nature of the situation in which he is placed. Humor may be used as a coping mechanism, but Do Kwon is obliged to focus on the immediate task of stabilizing Terra’s ecosystem.

Jared of TFL continued his casual approach by answering the real question about unlocking wrapped Luna, “Which is wLuna again?” It’s unlikely that one of the leading TFL developers will be unaware of the wrapped Luna. If he notices, it’s even more worrisome.

FatMan Terra thread We have more information to delve into the turmoil of Luna’s rule. Currently, staking in Luna Classic is over, but governance is still valid. With over 6.5 trillion tokens, when staking is re-enabled, the entire governance system will be reviewed.

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