Not a member yet? Sign up now
In a recent tweet shared by TerraCVita, canvasing the community to vote on the proposal to re-enable the Terra Classic Inter Blockchain Community (IBC) channels authored by a couple of its members.
The recent development revealed that the Terra classic is a few distances from becoming fully Cosmo Interoperable as a much anticipated v23 upgrade is slated to come up in December 2022 (Q4 2022).
Terra Rebel’s co-founder, Professor Edward Kim, recently launched a First-Person Shooter (FPS) Terra Classic (LUNC) game.
Proposal 6082 Is Officially Live, Users Need To Deposit 1 Million LUNC To Start Voting On Terra Classic Proposal
TerraCVita, said that holders had staked over 111 billion LUNC in one day following the arrival of new validators, representing a daily spike of about 12%.
The activeness of the LUNC burns is a clear indication that the initiative is still very much on track as the Allnodes and LUNCDAO burned 30.4 million and 22.2 million yesterday.
In the past week, a total of 3.21 billion LUNC was removed from circulation as stated by LUNC burn data.
It seems the reduction of the tax burn parameter is working as expected as the LUNC trading volume spike as noted in a recent tweet shared by Classy crypto.
Exchanges Like KuCoin, OKX And CrypoCom Follow Binance To Implement The Newly Passed LUNC Tax Burn Proposal
Binance Implements Tax Burn Proposal 5234
