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  1. - Top - End - #1
    Ettin in the Playground
     
    BardGuy

    Join Date
    Jan 2009

    Default WLUNA cryptocurrency question

    The Terra Luna ecosystem collapsed earlier this month, leading to LUNA and Wrapped Luna (WLUNA) dropping in value drastically. From what I've read, they're proposing a fork and making the current Luna token into 'classic Luna' and creating a new Luna token.
    Currently (or at least before the collapse), the Wrapped Luna token was worth the same (or close enough) as the primary Luna token because they could be traded one-for-one.

    Does anyone know if the plan has Wrapped Luna 'linked to'/'following' classic or the new Luna, after the fork?

  2. - Top - End - #2
    Titan in the Playground
     
    Tyndmyr's Avatar

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    Aug 2009
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    Default Re: WLUNA cryptocurrency question

    Current market prices of wluna are pretty much identical to luna, so I have to imagine that the difference between them wasn't relevant to the crash.

    I would probably avoid both of them at this point, along with UST. Crypto is quite volatile and risky at the best of times, playing with something with a known exploit just seems like giving money away.

  3. - Top - End - #3
    Titan in the Playground
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    May 2007
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    The Land of Cleves
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    Default Re: WLUNA cryptocurrency question

    Probably all of them? They've never actually lived up to the hype, and are only valuable because of bubble effects. And all bubbles burst, sooner or later.
    Time travels in divers paces with divers persons.
    As You Like It, III:ii:328

    Chronos's Unalliterative Skillmonkey Guide
    Current Homebrew: 5th edition psionics

  4. - Top - End - #4
    Archmage in the Playground Moderator
     
    truemane's Avatar

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    Mar 2007
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    Default Re: WLUNA cryptocurrency question

    Metamagic Mod: please note that financial advice is against the Forum Rules. Discussing the technology of cryptocurrency is fine, discussing whether or not anyone should buy any is not.
    (Avatar by Cuthalion, who is great.)

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