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Proposal To Burns The Whole Terra Classic Community Pool Is Released, LUNC To $1
Blockchain

Proposal To Burns The Whole Terra Classic Community Pool Is Released, LUNC To $1

The proposal that will allow the incineration of the whole community’s Oracle Pool, which amounts to hundreds of billions of LUNC tokens was released although it has gotten the minimum deposit required for voting. Notably, the community pool is a place where the Terra Classic community gets funds to bankroll projects and development efforts to advance the network. Terra Classic is a blockchain platform that is designed to enable decentralized finance (DeFi) applications. The platform is based on the Tendermint consensus algorithm and is designed to be highly scalable, secure, and efficient. One of the key features of Terra Classic is its community pool, which is a reserve of Terra Classic tokens that can be used to fund development projects and other initiatives within the Terra C...