Should Forensic Audit Be Done on LUNC & USTC Supply?

Hinzugefügt: 2026-05-14

[00:00:15]All right. All right. Welcome back to Currency 365. Hope you guys are doing well. It's another day. It is uh May 12th, 2026 and guess what? Kevin Walsh is now the Fed chair. He has passed the second round of votes and I think it was 5145. So it was a lot better than I thought it was going to be. I thought it was going to be a lot closer than that.

[00:00:35][snorts] Um but uh he had some Democrats come over and help him and uh and give him support which was interesting. All right. So um he made some friends with Democrats and they were able to vote him through.

[00:00:47]So there you go. All right. So he's going to be the new Fed chair on Friday.

[00:00:51]Uh Jerome Pal's final day is Friday. We also have the Senate Committee Clarity Act um approval or voting or whatever they're going to do on that. Uh and then that if they if they pass it through, it'll be going to the Senate, the full Senate. And um All right. And we got Donald Trump leaving to China with his I call it the great reset team and um with all the CEOs and billionaires and stuff and they're all going to China for a big meeting over there. So, and maybe we'll get a deal done with Iran while they're over there as well. So, a lot going on.

[00:01:27]And we did say, if you guys follow me on Patreon, we did talk about a buy the rumor, sell the news event that could possibly happen when Wash is confirmed.

[00:01:37]And that's what we're seeing now. So, we're seeing a sell off in the markets.

[00:01:40]And that's and well, that that is the case, but also it got even worse because of inflation, right? Inflation is skyrocketing in America. And guess what?

[00:01:49]That 3.8% 8% that they're talking about.

[00:01:52]It's way higher than that. We all know it's probably 40, 60, 70, 80, 130% inflation right now. We all can see it because we all live in the real world, right? So, um it doesn't matter if you have money or not. Um you live in the real world, you know, the prices of food and gas and all these things and and just regular stuff have absolutely 10x in the last six years. So, inflation is definitely not 3.8% 8% as they put out there, all their numbers are false, right? Um but here at Lunk um in the Luna Classic community in the terror chain and the USC uh and Luna um family and community, our numbers are real, right? As we hope they are, right? So people are saying actually these numbers are not real, right? Some people are saying that these I saw I've seen some people on Twitter on X say that they want to actually do a forensic um investigation on the actual lung supply and USDC supply because they don't think it's actually these numbers.

[00:03:00]I don't even know what these numbers are. These are numbers that that we are were just given so after the crash, right? So who knows if these are the real numbers or not? Who knows if we're less than this or more than more than this? We don't know. But if we do if we do test the whole blockchain and and and search for all the tokens of Lunk and USC, could we be disappointed? Could could we have instead of six trillion tokens, could we actually have 9 trillion tokens? And uhoh, we're in big trouble then, right? But if we do a test, maybe we maybe we only have four trillion tokens actually in circulation or total supply, right? I don't know. I don't. Okay. So, uh, nobody we we haven't I don't think we've ever done a forensic test on on our blockchain to see how many actual tokens we have in USDC and LUK. People are start I've seen people say we need to do that to see so we can have a legitimate numbers here.

[00:03:54]But right now, we're just going to go by these numbers, right? So, the numbers that we've been given, right?

[00:04:00]>> [snorts] >> Um and uh we have 113 million in uh in staking today. Okay. But we're still under um that 900 billion there. Okay.

[00:04:10]45 million in uh burns today and 71,000 USC burns. All right. USDC. Nice. Let's get to 100,000 a day. USC burn should be 100,000 to to 500,000 a day up to a million a day. Right. [snorts] and luck should be, you know, that that golden pocket of 200 to to 500 a day.

[00:04:32]Okay, we are [clears throat] way off of that. We're going back to those low numbers again. And so we need to uh get it. We need to get back uh with the uh transactions.

[00:04:41]Okay, so you guys can see who is the top leader. All nodes leads the way and uh Jarvis Protocol actually is the top on delegations today. All right.

[00:04:53]Anybody in jail? Nobody's in jail. All right. So there you guys, we got a bunch of missed signatures here for this val these validators have a lot of missed signatures here. Okay. Um let's go to Binance tracker to see what's going on.

[00:05:05]We have deposits and withdrawals almost similar only. It's not that only not big of a difference. They're only about 12%.

[00:05:13]So usually when we have not a big discrepancy, we're usually red, right?

[00:05:17]So usually when it's like that, we're usually red. So okay. So, uh, and then let's check out the, uh, burn engine.

[00:05:25]Okay. 6.48 46.1.

[00:05:28]And then let's look at the stats and see what the, uh, actually the price action to see what the number. Yeah. So, we're we are red. Okay. So, we're red today.

[00:05:35]Um, everything's right. I think that everything's red today because of, uh, confirmation on Wash and also inflation going up. But you, you would think if if inflation is going up and Wash has been has been confirmed, he's a pro crypto guy, right? and he wants to cut rates and he wants to print money. You would think that the markets would actually be up today, right? Isn't that weird? A pro- crypto Fed chair is now in place.

[00:06:02]We have a pro [clears throat] crypto SEC now. We have a pro crypto president. So, he says, right, we we actually know that Donald Trump's not really pro crypto. He just wants to make a lot of money, right? Because he told us exactly what he was when in the first term. He said he hated cryptos. He hated Bitcoin.

[00:06:18]Remember that?

[00:06:19]>> [snorts] >> And then he changed his stance because he realized that a whole bunch of people were in cryptos and if he became a crypto bro, he would get their vote.

[00:06:30]So you always got to remember what person somebody said the first time, right? And Donald Trump is using crypto as I made that video, right? That he was seek revenge using cryptocurrencies and that's what he's doing. He doesn't like cryptos. He likes the dollar, right? And he likes banks, right? So he likes stocks. He doesn't like cryptocurrencies. He's using cryptos to become a billionaire. I mean a trillionaire, right? To try to be the first trillionaire. [snorts] Okay. Um and as you can see, he doesn't even care about altcoin season because altcoin season has not happened underneath him in his second term yet, right? Or memecoin season. They're both been down like 90% under Trump. And he doesn't hopefully when Walsh comes in though, as he comes in on Friday, hopefully everything just changes, right? But it is interesting that the markets are down on a pro- crypto Fed chair that's coming in on Friday now and inflation going up because inflation going up is going to continue to go up and gold, silver, cryptocurrencies, oil, right, are a hedge against inflation, right? So you you would think that people wouldn't be selling their back, they would be buying right now like like never before. And maybe tomorrow the buying spree could begin, right? So today could just be a sell the news event and then tomorrow could be a buying spree. So um and then we have the clarity act coming as well where the banks are going to now buy up all of the distress assets.

[00:07:55]Okay. So now you know why the crypto markets haven't done well because what what do banks do? They buy up distress assets. What are the altcoins right now?

[00:08:05]Distress assets. What are the memecoins right now? Distress assets.

[00:08:10]Ah, so now you know why they have purposely kept the all coins and bitcoin and all coins and memecoins down because once the clarity act is passed, the banks are going to come in and start buying up all of the distress assets.

[00:08:26]Okay.

[00:08:29]So, we'll see how that plays out, right?

[00:08:31]Um, all right. So, we're down 4% here.

[00:08:33]We're back under that that 301. We for some reason we can't hold there. Um, [snorts] and then uh USC still can't get over to that 1 cent. Nobody has put a proposal in for a a rep a soft peg of USC to a 5 10 15 cents area backed by the community pool and oracle pool yet.

[00:08:54]So that hasn't happened. I know probably somebody's probably saying, well, why don't you do a currency? I don't know how to I don't I don't know the verbiage of all these things. My you know those things I don't know the verbiage of all this stuff, man. That's why we're we're talking about validators. Validators are securing the blockchain and they are the ones that know the blockchain verbage. I don't know blockchain verbage. Now, could you guys help me uh you know in the Telegram group, could we all could we put up um you know work together to put a proposal? Yeah, we could. [snorts] But I don't know the I don't know the blockchain verbage that's going to be needed to to uh soft peg. That's something that Orbit Labs and All Nodes and all these guys and HCC and these guys know. I I don't know that stuff.

[00:09:36]No, I stay in my lane, right? I don't I don't know these things. And I tell you guys, I don't know these things, right?

[00:09:42]So, I don't want to pretend that I know these these things, right? So, I know how to talk blockchain, but I don't know how to actually write it up and put it together and do all that stuff. I don't know that stuff. Okay. Um people went to school for that. Let let them do it.

[00:09:56]Right. So, um, but I would love for somebody to at least put a signal proposal out there to see the community ready for a soft peg, right? Uh, I thought we already had one. I thought there was a signal proposal years ago for a soft peg of USC to 5 cents or 10 cents. What happened to that? I don't know. Did it Did I don't even know if it passed or not.

[00:10:16]Okay. Um, that would be interesting. we can get a somebody's like, "Man, if we get a proposal for USC soft pay at 15 cents, they're like, man, I I I would be up $60,000 maybe." And some of you guys might be up $15,000. Some of you guys might be up $9,000. Some of you guys might be up $5,000, [clears throat] right? So now, I don't know how we would, you know, how that would work once the salt peg is there because people would just be dump people would be just be wanting to sell, right? So I don't know how that would work, right? Um maybe we would we would only be able to sell 1% of our holdings at a time uh every 30 every 30 days or something like that. There would have to be some type of rules uh so that the peg doesn't get destroyed by people selling.

[00:11:04]Okay. Um there's lunk uh for top seven whales and here's USC for top seven whales.

[00:11:13]All right. Um and then we got the Oracle pool here.

[00:11:18]All right. And then we have the community pool going up up up and away.

[00:11:22]All right. So, if you guys have um any ideas, right? If you guys have any ideas that you have um anything that you want to do a proposal on, um shoot shoot us an idea in the uh Telegram group, man.

[00:11:33]Or on te on X as well, right? You guys watching these videos on X and sharing the videos. Thank you guys so much for retweeting all the videos. Um and if you guys have a proposal idea, just let us know, man. All right. And uh we'll discuss it in Telegram groups, right?

[00:11:47]we'll take it discuss in telegram group and see what we we we if we like it or not right and uh and we like it then we can help you fund it right so um if you got something that you want to talk about or you've got something that you want to actually get done in the telegram I mean in the uh lung community as a proposal let us know and uh we'll we'll get it done and then we will send it to Brad and then Brad will send it uh post it in the um validator group and in the community and we'll see if it can can work or not. All right. Um, the three the three the three ideas that I had for proposals that they but the guys worked on, I don't know what happened to that. That just disappeared in thin ice. But at the same time, we are running we are running up now. So those proposals really don't matter right now, right? That was when we were like dead, you know. Um, but right now the we were, you know, we're catching some steam. So those proposals don't really matter right now. out. Those proposals were like for worst case scenarios and we're not in the worst case right now. We're actually running up people. We have eyeballs on us and uh matter of fact, Binance uh didn't make any announcements today on Luna Classic.

[00:12:57]So, uh there was no announcements today on Luna Classic. So, um you know, that was I guess it was just all hype or whatever it was. Um but it is what it is. All right, we we got Washington in there now and um he's coming in on on Friday [snorts] and hopefully he's ready to cut rates and he's ready to freaking uh print money and and uh pump the crypto markets, altcoin markets, memecoin markets, Bitcoin, silver, gold, and just and stock market and just get this thing going, get money in people's hands for the election time, right, for the midterms. All right, so there you guys have it. Hope you guys are doing well. Let's check out the staking APR.

[00:13:38]3.57.

[00:13:42]Okay. So, um, yeah, it's amazing how when you get volume to come in, everything changes, right? APR went up to 5% plus there and for a second and money was pouring into this community like crazy and then once it all stops, it's like, man, what happened, right? We can we just keep it going, man. It's just where we have a lot of fun, right?

[00:14:06]Everybody was having fun, right? And so I even saw some validators posting, right? Last time we didn't see validators post. This time we saw some validators actually posting and they were actually enjoying Lunk going up as well. That was rare rare really rare to see, but they were enjoying it as well. They were enjoying the int the attention that Lunk was getting. So, you know, remember cuz last time they didn't a lot of the validators didn't post. You know what it was? It was USC when USC uh short squeeze up to like 8 10 cents. They were really quiet because a lot of them had actually was shorting USC on leverage and they got liquidated. All right. So, um so they weren't happy about that. So, but this time, you know, they knew that that Lunk and USC were going to go up a little bit here and they were okay with it. All right. So, I hope you guys are doing well. See you guys in the next video.

[00:15:01]And uh congratulations to Kevin Walsh, the new Fed chair. Let's go, Kevin.

[00:15:06]Let's go, man. Do not turn your back on Donald Trump. Let's go. Pump the freaking markets. Let's go. Bye.