Breaking: LUNC Governance Passes Two Key Proposals
The Terra Luna Classic (LUNC) community has just approved two new governance proposals, marking another step in the blockchain’s continued evolution. The successful passage of Proposal 12169 and Proposal 12168 highlights the community’s active involvement in shaping LUNC’s future.
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Proposal 12169: Paying LUNCGoblins
One of the newly passed proposals, Proposal 12169, is focused on compensating LUNCGoblins, a key contributor to the ecosystem. While details on the exact payment structure are yet to be disclosed, this approval signals the community’s support for continued development and ecosystem maintenance.
With ongoing work to revitalize the LUNC blockchain, the approval of payments to developers and contributors ensures that critical upgrades, security enhancements, and infrastructure improvements continue without disruption.
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Proposal 12168: Updating USTC’s Description on CoinMarketCap
The second approved proposal, Proposal 12168, involves updating USTC’s description on CoinMarketCap, one of the largest cryptocurrency tracking platforms. This move aims to provide clearer and more accurate information about USTC’s current state, goals, and future plans to investors and the broader crypto community.
Accurate data on major listing platforms is crucial for rebuilding trust and driving renewed interest in USTC and LUNC. This update aligns with ongoing efforts to revive USTC, with the community exploring ways to repeg the stablecoin and restore its utility.
Community-Driven Revival Continues
These latest governance decisions demonstrate that LUNC’s revival remains in full force, with the community actively shaping policies and funding key initiatives. As LUNC and USTC continue to push forward, these small but significant steps contribute to the larger goal of restoring the Terra Classic ecosystem.
Governance is working. The community is engaged. The rebuild is ongoing.
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Dr. Olajide Samuel juggles the demands of medical studies with a passion for cryptocurrency. A seasoned blogger, Olajide shares his vast global knowledge of the crypto space, offering insights to enthusiasts. Despite his busy schedule, his commitment to crypto remains strong, and he actively seeks ways to contribute to its future.
