{"id":4710,"date":"2022-06-05T22:23:04","date_gmt":"2022-06-05T22:23:04","guid":{"rendered":"https:\/\/cryptoheretostay.com\/?p=4710"},"modified":"2022-06-05T22:23:05","modified_gmt":"2022-06-05T22:23:05","slug":"luna-governance-in-disarray-as-do-kwon-jokes-about-terra-ecosystem","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=4710","title":{"rendered":"Luna governance in disarray as Do Kwon jokes about Terra ecosystem"},"content":{"rendered":"<p> <script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/> \ud83d\udc4b Want to work with us? CryptoSlate is hiring for a handful of positions!<\/p>\n<p>The Dark Knight of Terra is back, and this time FatManTerra has some of the most reprehensible examples of an ecosystem in freefall ever seen in crypto. FatManTerra started his thread by saying, \u201ctensions are high, and the big sharks smell blood,\u201d He revealed a thread detailing recent conversations between validators and TerraformLabs.<\/p>\n<p>ThorchainMaximalist recently leaked chat records from May 12 when the Luna blockchain was offline. FatManTerra has now released further conversations from TFL that showcase an increased disdain for the community that has supported it. Below is a screenshot including Do Kwon, which shows him cracking jokes while a multi-billion ecosystem collapses, causing people to commit suicide around the world.<\/p>\n<p>Source: FatMan Terra Twitter<\/p>\n<p>The mechanism of suggesting a concept as a \u201csemi-joke idea\u201d is something often used as a tool to propose ideas without risking a hit to one\u2019s ego. If validators simply laugh at the proposal, the proposer has achieved their goal; further, if the submission is received well, then the proper can claim \u201cit was only half a joke.\u201d An article by the American Psychology Association states, \u201cHumans have a fundamental need to belong\u2026 This need is deeply rooted in our evolutionary history and has all sorts of consequences for modern psychological processes.\u201d<\/p>\n<p>However, Do Kwon\u2019s idea is objectively absurd given the nature of the situation he finds himself in. Humour may be used as a coping mechanism, but Do Kwon has a duty to focus on the task at hand of stabilizing the Terra ecosystem.<\/p>\n<p>Jared from TFL continued the nonchalant approach by answering a genuine question about unlocking wrapped luna by saying, \u201cWhich one is wLuna again?\u201d There is little to no chance that one of the leading TFL developers would not be aware of Wrapped Luna, and if he did, that would be even more concerning.<\/p>\n<p>FatManTerra\u2019s thread has more information delving into the chaos of Luna governance. Staking is currently closed on Luna Classic, but governance is still live. With over 6.5 trillion tokens, the entire governance system will be overhauled when staking is re-enabled.<\/p>\n<h2>Get an Edge on the Crypto Market \ud83d\udc47<\/h2>\n<p>Become a member of CryptoSlate Edge and access our exclusive Discord community, more exclusive content and analysis.<\/p>\n<p>  <strong>On-chain analysis<\/strong><\/p>\n<p>  <strong>Price snapshots<\/strong><\/p>\n<p>  <strong>More context<\/strong><\/p>\n<p> Join now for $19\/month Explore all benefits<br \/>\n<br \/><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/cryptoslate.com\/luna-governance-in-disarray-as-do-kwon-jokes-about-terra-ecosystem\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\ud83d\udc4b Want to work with us? CryptoSlate is hiring for a handful of positions! The Dark Knight of Terra is back, and this time FatManTerra has some of the most reprehensible examples of an ecosystem in freefall ever seen in crypto. FatManTerra started his thread by saying, \u201ctensions are high, and the big sharks smell [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4711,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[3],"tags":[],"class_list":["post-4710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum-news"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/4710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4710"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/4710\/revisions"}],"predecessor-version":[{"id":4712,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/4710\/revisions\/4712"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/4711"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}