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Hello. Quick question. Has solana team or foundation come up

with a solution to all that FTX fiasco token unlocks ? Just wondering why we can’t block those wallets from unlocking as a whole community so solana can flourish.

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Hey, SOLANA blockchain network based on decentralization, this implies that the Solana team or foundation does not have direct control over wallet addresses and transactions.

RAHUL (𝐰𝐢𝐥𝐥 𝐧𝐞𝐯𝐞𝐫 𝐃𝐌 𝐟𝐢𝐫𝐬𝐭)
Hey, SOLANA blockchain network based on decentrali...

Maybe a burn of some of the ftx sol tokens could help to reduce the impact on the price?

Chris
Maybe a burn of some of the ftx sol tokens could h...

You'll burn another person's money? Who will pay for it, you?

Sam
You'll burn another person's money? Who will pay f...

No i thought if the Total supply is lower, each coin is worth more. Just thinking

Chris
No i thought if the Total supply is lower, each co...

So what you're saying it would be good if we burn your holdings? 😉

Steve
So what you're saying it would be good if we burn ...

Well, obviously i have a mistake in my understanding about supply and market cap

Chris
Well, obviously i have a mistake in my understandi...

Those are 2 different things. 1. You are correct at implying burning increases demand vs. Supply. 2. You suggest burning someone's property to do so

Puma-O Автор вопроса
Sam
You'll burn another person's money? Who will pay f...

It is not someone else’s money we are talking about. It is a chunk of solana tokens “handed” to ftx and sbf because of which everyone else’s money will now burn. Big difference 🤷‍♂️

Puma-O Автор вопроса
Puma O
It is not someone else’s money we are talking abou...

Just my humble opinion but this basically telling the solana community to bear a chunk of the buddy of FTX debacle. Last I checked I had nothing to do with it so I really shouldn’t have to give my money to support that recovery. Don’t you think ??

Puma O
Just my humble opinion but this basically telling ...

I think this whole discussion is pointless

Puma-O Автор вопроса
Steve
I think this whole discussion is pointless

Friend discussions are not pointless that’s how you find solutions specially when so much is at stake

Steve
Those are 2 different things. 1. You are correct ...

Doesnt have the Solana developer any residual tokens? Would not burn tokens from people i thought reducing the Total (from residual not sold tokens from solana fiundation) supply could stabilize the price if the amount of ftx were sold. I think i dont get all Details right

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