How to Save Tera Luna Classic and Restore the Chain

TLDRCommunity needs to come together and compromise on a 0.5% burn tax to recover Tera Luna Classic and restore the chain. Focus on building utility and contacting exchanges to implement the burn tax. Goal is to strengthen the chain and protect the reserve and algorithm.

Key insights

Compromising on a 0.5% burn tax is essential to save Tera Luna Classic.

🔥Implementing the burn tax will help recover the chain and restore trust in the community.

💪Community members need to actively reach out to exchanges and promote the burn tax plan.

💡Focus on building utility on the chain once it is fully recovered.

🔄Constantly evaluate and adapt the plan to protect the reserve and algorithm.

Q&A

Why is compromising on the burn tax important?

Compromising on the burn tax is crucial because it allows the community to come together and work towards the recovery of Tera Luna Classic. It shows unity and a commitment to finding a solution that benefits everyone.

How can community members help implement the burn tax?

Community members can reach out to exchanges and advocate for the implementation of the 0.5% burn tax. By creating a conversation and demonstrating widespread support, exchanges may be more open to adopting this plan.

What is the goal of implementing the burn tax?

The goal of implementing the burn tax is to recover the chain and restore trust in the community. It will help strengthen Tera Luna Classic and create a more sustainable ecosystem for future growth and development.

What should be the focus once the chain is fully recovered?

Once the chain is fully recovered, the focus should shift to building utility on the chain. This can include developing projects, applications, or features that provide value to users and encourage further adoption of Tera Luna Classic.

How can the reserve and algorithm be protected?

The reserve and algorithm can be protected by continuously evaluating and adapting the plan. This includes identifying potential vulnerabilities or risks to the reserve and algorithm and implementing measures to mitigate them.

Timestamped Summary

00:00Compromising on the 0.5% burn tax is crucial to save Tera Luna Classic and restore the chain.

02:00Reaching out to exchanges and advocating for the burn tax implementation is vital for its success.

04:00The goal of implementing the burn tax is to recover the chain and restore trust in the community.

06:00Once the chain is fully recovered, the focus should shift to building utility on the chain.

08:00Continuous evaluation and adaptation of the plan is necessary to protect the reserve and algorithm.