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LUNC News: The community pool spend proposal to provide funds to the USTC Quant team for the month of August is officially passed by the Terra Luna Classic community. The proposal was resubmitted by the USTC repeg team after it initially failed to receive minimum votes amid the Terra Station wallet issues.
Terra Classic's crusade to revitalize the network escalates, but not without heated debates among the community.
The Terra Luna Classic community considering reopening of LUNC and USTC market swap function, which was disabled after the 2022 Terra-LUNA crisis. The L1 core developer team decided to not create a limiter as per the USTC repeg team's proposal due to the impact on rewards, delegates, validators, and the community pool.
The Terra Luna Classic community revotes on a crucial proposal to fund the USTC Quant team after an initial proposal failed to receive the minimum votes for the proposal to pass the benchmark. The USTC repeg team has resubmitted the proposal as they believe the voting lacked proper turnout after the Terra Station wallet encountered
Terra Luna Classic drowns in boiling waters as conflicts tear the outspoken community apart.
Terra Classic's community is in the middle of a heated debate surrounding the LUNC cap.
Terra Luna Classic validator Nova on Wednesday announced a plan to provide funding to the Quant USTC repeg team directly as a proposal failed amid Station issues. The Terra Luna Classic community has rejected the community pool spend proposal to fund the USTC Quant team for the second month.
The Terra Luna Classic community has given the green light to a significant proposal – the direct burn of a whopping 800 million USTC. As the digital dust settles, a surge in LUNC's value stands out, even as broader crypto markets grapple with recent challenges.
The SEC is inquisitive about Chai Corporation's alleged interconnection with TerraForm Labs.
The Terra Luna Classic community has passed a proposal to directly send 800 million USTC related to the Ozone protocol to the burn address. The community favors to burn these USTC tokens rather than returning them to the community pool.
In a world captivated by the allure of digital assets, the cryptocurrency market remains no stranger to its characteristic rapid shifts and volatility. The past 24 hours have been a testament to this fact, as two of the most popular tokens, LUNC and USTC, have undergone significant price fluctuations, leaving investors and enthusiasts on the edge of their seats.
The Terra Luna Classic community has turned down the community pool spend proposal to fund the USTC Quant team for the second month. The proposal has failed to receive minimum votes and received “No with veto” votes from the community members instead.
The ongoing crypto mayhem didn't miss the struggling Terra Classic chain, already marked with inner conflict.
BitMos plans to bring Bitcoin BRC-20 support to Terra Luna Classic. The project will bridge the gap between Bitcoin and the Cosmos ecosystem to unlock new frontiers for DeFi applications and smart contracts, starting with Terra Luna Classic.
Puzzling crypto shake-up by Fireblocks: LUNC, USTC at risk of being delisted from CEXs.
Terra Luna Classic proposals 11658 and 11660 to return and burn 800 million USTC have officially passed by the community. The community favors sending these USTC tokens to the burn address rather than returning them to the community pool.
Terra Rebels developer group and its spinoff Hexxagon want to clear the air and move forward with strengthening the Terra Luna Classic community and continue building on the chain. Terra Luna Classic core developer Joint L1 Task Force (L1TF) recent partnership with Hexxaon for building and managing a community-owned wallet caused renewed FUD in the
The Terra Classic community has been fervently focused on revitalizing the USTC stablecoin, with several revival plans put forth by different members. The latest proposal, submitted by community member Afzal, has garnered significant attention and sparked discussions within the community.
In a highly critical decision, the Terra Luna Classic community is at crossroads over the fate of 800 million USTC tokens linked to the Ozone Protocol. Instead of returning them to the community pool, some members are advocating for their burning, which could have significant implications for the value of LUNC and USTC tokens.
The Terra Luna Classic community favors burning 800 million USTC tokens linked to Ozone Protocol rather than returning them to the community pool. Validators and some members have introduced a counter-proposal to prominent member Vegas' proposal to return the 800 million USTC tokens back to the community pool.
In the ever-evolving world of cryptocurrencies, the Terra Luna Classic community faces a pressing issue concerning the return of 800 million USTC from the Ozone Protocol project. Spearheaded by Do Kwon, the founder of the Terra blockchain, the Ozone Protocol has encountered setbacks, prompting community members to demand the retrieval of the substantial USTC sum.
The Terra Luna Classic community is currently engaged in a pivotal discussion that could shape the future direction of the project. At the heart of the debate lies the fate of 800 million USTC tokens residing on the Ozone Protocol chain.
Terra Luna Classic community's prominent member Vegas proposes the return of 800 million USTC tokens from a wallet linked to Ozone Protocol to the Terra Luna Classic community pool. However, some prominent members such as Alex Forshaw believes these tokens should be sent to burn address rather than returned to the community pool.
Terra Luna Classic core developer Joint L1 Task Force (L1TF) suggested creating a community-owned wallet, which will be managed by the Terra Luna Classic (LUNC) community through governance. LUNC validator Happy Catty Crypto's revised proposal to prioritize building wallet infrastructure and prevent privatization is officially passed by the Terra Luna Classic community.
