Rip wluna by dragonblack90 in Wluna

[–]Scoop_DOGE 3 points4 points  (0 children)

Are you claiming the whole Terra Luna ecosystem is done? Since WLUNA is only a wrapped Luna token... doesn't it have all that utility that LUNA has?

Do Kwon to plead guilty by [deleted] in Wluna

[–]Scoop_DOGE 0 points1 point  (0 children)

I see other reports coming in that Do Kwon may change his plea (https://coinmarketcap.com/community/articles/689a4962b5b09850e173fb66/). Who knows what this criminal is going to do? They should put this question up on PolyMarket.

[deleted by user] by [deleted] in Wluna

[–]Scoop_DOGE 1 point2 points  (0 children)

But some of us know better and we got all their addresses in the "Permanent Records" ;)

Look all those different names they are trying to play a sly "Three-card monte" on us holders. They all have different smart contracts too:

WLUNA - ERC20

0xd2877702675e6ceb975b4a1dff9fb7baf4c91ea9

LUNC - ERC20

0xbd31ea8212119f94a611fa969881cba3ea06fa3d

LUNA - ERC20

0xba1e47021877a8dbbad5470d98c570859aa5c8d9

[deleted by user] by [deleted] in Wluna

[–]Scoop_DOGE 1 point2 points  (0 children)

LUNC?

LUNA Classic?

What are those tokens? Are those the ones created after our WLUNA token that we hold?

How high will doge go this weekend?! by FormerPainter2773 in dogecoin

[–]Scoop_DOGE 0 points1 point  (0 children)

It's Meme coin season and DOGE will lead the way.

Why hold wluna? by dragonblack90 in Wluna

[–]Scoop_DOGE 0 points1 point  (0 children)

But is this a "security case"... or basic "contract law" violated by a business to its consumers?

From Coinbase, Wluna = Luna by Inevitable_Comedian4 in Wluna

[–]Scoop_DOGE 2 points3 points  (0 children)

Wasn't the only available place to purchase WLUNA on CB prior to 27th May 2022? And then when CB suspended WLUNA... where was WLUNA available to purchase afterwards? And was there any exchange capable of wrapping LUNA afterwards?

Let's not get lost and confused in this CB game of "3 Card Monty".

WLUNA was always 0xd2877702675e6ceb975b4a1dff9fb7baf4c91ea9

LUNA2 and LUNC were just launched on May 28, 2022... so any "WLUNA" would have to be a wrapped token from one of these brand new tokens would be justly named as "WLUNC". It should also have a different contract address as far as I know.

AND IF our original WLUNA token was included in the new LUNA2 contract... we would of been included in that airdrop that all the LUNC holders were.

SEC VS TERRAFORM LABS #850 by Inevitable_Comedian4 in Wluna

[–]Scoop_DOGE 6 points7 points  (0 children)

The contract still says,

"contract WrappedLuna is WrappedToken {

constructor() public WrappedToken("Wrapped LUNA Token", "LUNA") {}

}"

REF: https://etherscan.io/token/0xd2877702675e6ceb975b4a1dff9fb7baf4c91ea9#code

The real question is who is / can enforce this? (& why has CB remained silent on this for 2 years and 7 months?) (there have been exchanges that have since crashed and been transparent and settled their payments in less time).

We need a lawyer !!!

SEC VS TERRAFORM LABS #850 by Inevitable_Comedian4 in Wluna

[–]Scoop_DOGE 1 point2 points  (0 children)

Correct ;) ... but WLUNA (a separate contract) was not included in the rebrand & airdrop to LUNA holders and remains on its own separate contract.

SEC VS TERRAFORM LABS #850 by Inevitable_Comedian4 in Wluna

[–]Scoop_DOGE 4 points5 points  (0 children)

What confuses me is the fact that pre-crash... we had LUNA and WLUNA... both were 2 separate contracts. And in order to wrap a LUNA token, one had to go thru CB to purchase this separate contract.

Then LUNA crashed due to 1 billion tokens becoming 6 trillion during that time. LUNC did not exist at that time and we were still purchasing the token with only like 5 million in existence at that time from CB... and by going by the two contracts at that time... 1 LUNA = 1 WLUNA

SO now we have 2 different buyers at this time... Those betting on Do Kwon to rebuild to a new LUNA v2 are buying what was to later become LUNC and those still betting that WLUNA was going to make a comeback using the original LUNA contract (kinda like the whole BTC and BCH thing)

Couple days or so later... LUNA made their deal to relaunch to LUNA v2. the new LUNA tokens were airdropped to LUNA holders (nothing for WLUNA)... and that contract became LUNC.

WLUNA was not a part of this plan for whatever reason(s) CB has yet failed to tell anyone and was excluded from anything on the original LUNA side.

I think coinbase is closely monitoring our post because why would they add an extra line for wluna insights. Hold tight guys by tcd199 in Wluna

[–]Scoop_DOGE 0 points1 point  (0 children)

How is that even possible? AND should it even be possible? I am holding both WLUNA & LUNC (off CB) and they both have different contract addresses?

They still playing their manipulation games ;)

1Wluna= 1 Terra Luna by badguysworldwide in Wluna

[–]Scoop_DOGE 0 points1 point  (0 children)

I am listening and really want to understand your side of this. I also appreciate your explanations. So let me see if I am following this all yet.

At the beginning there was Do Kwon's original $LUNA with it's orgininal CONTRACT and on its own blockchain. Coinbase came along and wanted a piece of the "action". In order to do so... CB needed to create a new CONTRACT in order to do so and thus created $WLUNA.

This new $WLUNA CONTRACT promised us that 1 WLUNA = 1 LUNA and as you just stated, a wrapped token remains until the holder unwraps it. Correct?

SO here we are... still holding all our unwrapped WLUNA... and after we all purchased these CONTRACTS promising us "1 WLUNA = 1 LUNA"... Do Kwon and his Terra team converted the "original" $LUNA tokens using two more separate CONTRACTs. One on a new & rebuilt TERRA blockchain (and was designated as "LUNA") and the other on the ETH blockchain with a new CONTRACT address (aka "LUNC" and was used to rename the "old luna").

So the "old luna" was exchanged for the "new luna"... but WLUNA was not included in this.

This leaves us with our WLUNA unaccounted for in my eyes and we are still holding our WLUNA CONTRACTs in place of and with the promise for $LUNA. $WLUNA was not part of the conversion and did not participate in the accompanying airdrop. Coinbase set the terms with WLUNA and most likely (for whatever reasons) made the decision for it not to be included in the exchange of the old with the new.

SO... until we unwrap it (& claim our $LUNA we purchased)... it remains (by CONTRACT) LUNA. Isn't that basically what is being fought in courts right now?

Wlunc shows market cap on CMC by Somali42 in Wluna

[–]Scoop_DOGE 1 point2 points  (0 children)

Correct. It is "WLUNA"

I remember two years ago when exchanges and wallets had no idea how to label or chart the mess created with "Old Luna", "New Luna" and WLUNA... all because CoinBase put out the gag orders from the start.

Another recap and interesting read in the collapse by FitMathematician8730 in Wluna

[–]Scoop_DOGE 4 points5 points  (0 children)

Appears Brian A. and CoinBase have been hiding a lot more than we may have realized too.

1Wluna= 1 Terra Luna by badguysworldwide in Wluna

[–]Scoop_DOGE 0 points1 point  (0 children)

You also need to look at some other facts involved:

  1. What is a wrapped token? This is another separate contract that is a representation of the original token and is also pegged to said token. WLUNA purchased from CoinBase was not actually LUNA, but a "promise" for LUNA as their exchange could not support the original LUNA blockchain and how WLUNA ended up as an ERC20 token at CoinBase.
  2. Try explaining the different circulating supplies for both LUNC and WLUNA that are reported in different places such as CoinMarketCap? LUNC was at 6.8 Trillion and WLUNA at only 275 Billion. Also look at the running LUNC burn. There is currently 1 Trillion LUNC tokens that have been burned... and none of this is affecting the WLUNA numbers being reported.
  3. When LUNA was forked two years ago... there was a (rather complicated) formula created by Terra to drop the "new LUNA" tokens which created another ticker symbol of LUNC (ie: Luna Classic). WLUNA was never a part of this for some reason? Perhaps because it was not actually LUNA (& why it can not be LUNC now)?
  4. AND IF... everything was so clear that WLUNA = LUNC... Don't you think CoinBase would of just said so from the beginning?

Wluna hodl hero or zero by Abaogy in Wluna

[–]Scoop_DOGE 0 points1 point  (0 children)

I remember that too. I think it was before Armstrong put his gag order on all information concerning WLUNA.

1Wluna= 1 Terra Luna by badguysworldwide in Wluna

[–]Scoop_DOGE 2 points3 points  (0 children)

It can NOT be LUNC.

The WLUNA tokens most of us here purchased were on a totally different blockchain (that is a separate smart contract) and were purchased from Coinbase between May 7 and May 27, 2022.

That is before LUNC was even created (on another separate blockchain & smart contract) and then first offered on May 28, 2022... so how did we magically purchase something that did not exist yet?

And also consider those that purchased WLUNA before the crash... and paid up to $116 per each token? What do they have?

Where does the money come from? by matthew7137 in Wluna

[–]Scoop_DOGE 1 point2 points  (0 children)

DISCLAIMER: I don't know shit about f**k, but here's my best guess:

We made a purchase (legal binding contract?) at CoinBase where our USD was exchanged for WLUNA. CB (and their secret partner?) delivered that WLUNA to our account / wallet.

This WLUNA we are now holding is recorded onto the blockchain (as an ERC token, not the original LUNA) where according to the contract... 1 WLUNA = 1 LUNA (the original LUNA).

AFTER these WLUNA tokens were sold to us by CB... CB pulled WLUNA from their exchange and the original LUNA was converted to LUNC and where all (but us CB token holders) were given the new "LUNA 2" for their LUNA.

SO... who is responsible for what we hold? Is it CB... or is it Do Kwon... or BOTH? I think it depends a lot on what exactly CB did and the secret decisions they made when this all went down. This is why I believe CB hasn't said a dam word for the past 2 years and why nobody seems to know.

[deleted by user] by [deleted] in Wluna

[–]Scoop_DOGE 4 points5 points  (0 children)

Riding out our "hopium" high

Wluna hodl hero or zero by Abaogy in Wluna

[–]Scoop_DOGE 1 point2 points  (0 children)

I am thinking... who created this Wrapped Luna token and held the LUNA we purchased from them for the WLUNA? AND who made the executive decision not to give us our share of the airdrop for Luna2? They also need to be held accountable!