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Thread: WLUNA cryptocurrency question
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2022-05-24, 01:00 PM (ISO 8601)
- Join Date
- Jan 2009
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?
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2022-05-24, 01:51 PM (ISO 8601)
- Join Date
- Aug 2009
- Location
- Maryland
- Gender
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.
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2022-05-30, 06:19 AM (ISO 8601)
- Join Date
- May 2007
- Location
- The Land of Cleves
- Gender
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
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2022-05-30, 07:22 AM (ISO 8601)
- Join Date
- Mar 2007
- Location
- Grognardia
- Gender
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.)