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https://bitcoinist.com/condemns-exchanges-over-pr-stunt-on-lunc-tax-burn/

https://archive.ph/3aAX2

So LUNC had a bull run partially because idiot exchanges are trying to institute a "burn" tax on crypto transaction to or from this cryptocurrency. If this hypothetically happens over a trillion times, it's possible it would at least temporarily restore the broken LUNC/UST peg.

Previous relevant post: https://www.voat.xyz/viewpost?postid=63194b3fec09f

https://www.analyticsinsight.net/will-the-price-of-terraclassic-lunc-jump-higher-this-september/

https://u.smutty.horse/mjcjmuwnoer.png

LUNC (formerly LUNA), the cryptocurrency whose primary purpose was to be a burner coin for UST and should have virtually no value after UST's collapse, is one of the few cryptos crushing it the last couple weeks. One reason could be because some die hard developers recently added features for staking and rewards, but that's not enough to explain it.


@UncleDoug: watch LUNC carefully, if it dips, get in on it and let the volatility make you some shekels. Track it here: https://coinmarketcap.com/currencies/terra-luna/

Archive: https://archive.ph/K3Ae8

https://cointelegraph.com/news/coming-sooner-eth-devs-move-up-the-date-for-merge

Alternative (daily hodl): https://dailyhodl.com/2022/08/12/scheduled-date-for-ethereum-merge-moves-up-according-to-developers-heres-the-new-timeline/

Speculation that ETH will hit 5k if the merge goes smoothly:
https://www.fxstreet.com/cryptocurrencies/news/how-high-could-ethereum-price-go-with-triple-halving-202208120855

https://www.coindesk.com/learn/2021/02/17/what-is-a-flash-loan/

TLDR: It's a contract of contracts, one of which is an uncollaterized loan typically followed by a sequence of trades which all must occur atomically (in one transaction) on the blockchain.

More technical breakdown from aave, the leading choice for flash loans:
https://docs.aave.com/faq/