Terra Creator Do Kwon Said That Burning LUNA Tokens Wasn’t a Good Idea !

According to Do Kwon, destroying one’s tokens is pointless since “nothing will happen.”

A separate proposal to burn 1.4 billion UST from the community pool failed due to a technical issue but it was then resubmitted.

Overall two proposals associated with the recovery plan have failed to execute since last week, due to issues with the smart contracts behind them.