Luna governance in disarray as Do Kwon jokes about Terra ecosystem

1 year ago

The Dark Knight of Terra is back, and this clip FatManTerra has immoderate of the astir reprehensible examples of an ecosystem successful freefall ever seen successful crypto. FatManTerra started his thread by saying, “tensions are high, and the large sharks odor blood,” He revealed a thread detailing caller conversations betwixt validators and TerraformLabs.

ThorchainMaximalist recently leaked chat records from May 12 erstwhile the Luna blockchain was offline. FatManTerra has present released further conversations from TFL that showcase an accrued disdain for the assemblage that has supported it. Below is simply a screenshot including Do Kwon, which shows him cracking jokes portion a multi-billion ecosystem collapses, causing radical to commit suicide astir the world.

Source: FatMan Terra Twitter

The mechanics of suggesting a conception arsenic a “semi-joke idea” is thing often used arsenic a instrumentality to suggest ideas without risking a deed to one’s ego. If validators simply laughter astatine the proposal, the proposer has achieved their goal; further, if the submission is received well, past the due tin assertion “it was lone fractional a joke.” An nonfiction by the American Psychology Association states, “Humans person a cardinal request to belong… This request is profoundly rooted successful our evolutionary past and has each sorts of consequences for modern intelligence processes.”

However, Do Kwon’s thought is objectively absurd fixed the quality of the concern helium finds himself in. Humour whitethorn beryllium utilized arsenic a coping mechanism, but Do Kwon has a work to absorption connected the task astatine manus of stabilizing the Terra ecosystem.

Jared from TFL continued the nonchalant attack by answering a genuine question astir unlocking wrapped luna by saying, “Which 1 is wLuna again?” There is small to nary accidental that 1 of the starring TFL developers would not beryllium alert of Wrapped Luna, and if helium did, that would beryllium adjacent much concerning.

FatManTerra’s thread has much accusation delving into the chaos of Luna governance. Staking is presently closed connected Luna Classic, but governance is inactive live. With implicit 6.5 trillion tokens, the full governance strategy volition beryllium overhauled erstwhile staking is re-enabled.

The station Luna governance successful disarray arsenic Do Kwon jokes astir Terra ecosystem appeared archetypal connected CryptoSlate.

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