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Terra Rebel unveiled the first rounds of its lottery game giving a total of 24 million LUNC to the winner as the game came to its end while the 10.5 million of this total were set on fire.
The recent development reveals that the LUNC has been doing greatly well in this period, with LUNC value spiking 273% over the past three months, 24 hours spike of 25%.
Since the occurrence of the collapse that happened as far back as May 2022, the Terra community has been looking at all possible means to progress the chain to a better place
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.
