Summary of Terra Luna Classic IS AT RISK!

00:00:00 - 00:05:00

The Terra Luna Classic blockchain is at risk because of the repay working protocol, which is how most apps before the crash actually worked. The video explains that if users can't wait four to five months for important updates, they should leave the community.

• 00:00:00 The video is about Terra Luna classic, and how the future of the blockchain is at risk if the community does not educate themselves about the broader market conditions. Terra Luna classic has seen decreased US dollar volume over the past few months, but this is because other exchanges have crashed and less capital is flowing into the ecosystem. The burn tax has been lowered on chain, which has resulted in more Terra Luna Classic being put on chain. Raising the burn tax would make little difference to price, and would repaying the algorithmic fungible token but would also result in less Terra Luna Classic being put on chain. Plans to raise the burn tax have been released, and will be implemented in about five months. If you cannot wait five months for an update of that magnitude, you should probably not invest in Terra Luna classic.
• 00:05:00 The Terra Luna Classic blockchain is at risk because of the repay working protocol, which is how most apps before the crash actually worked. The video explains that if users can't wait four to five months for important updates, they should leave the community.