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Cost of acquisition?! Were the holders investors or customers? Again, how were they funding the 20%?
by unmole 4y ago
Cost of acquisition?! Were the holders investors or customers? Again, how were they funding the 20%?
- dlubarov 4y agoThe source of funding was the initial LUNA tokens that were allocated to Terra (or Do Kwon personally?). I think it was broadly understood that 20% yield wasn't going to be sustainable, but was a tool for short-term user acquisition.