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Tag: Terra classic 9LUNC) staked

Terra Luna Classic (LUNC) Community Approves v2.3.0 Upgrade with Dynamic Validator Commissions
20Nov By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

Terra Luna Classic (LUNC) Community Approves v2.3.0 Upgrade with Dynamic Validator Commissions

In a decisive move, the LUNC community has given resounding approval to the Terra Luna Classic v2.3.0 upgrade proposal through governance voting. This upgrade, which integrates Terrad client v2.3.0, introduces a dynamic validator commission system known as the dyncomm module. The community embraced the proposal with a 93% "Yes" vote, signalling strong support for the changes. The proposal implementation is slated for block 15493370, expected around 11:18:44 UTC on November 20. https://twitter.com/StakeBin/status/1726567976403689710 Dynamic Validator Commissions Enhance Protocol Logic A key highlight of the v2.3.0 upgrade is the introduction of the dyncomm module, which dynamically determines the minimum commission paid to validators based on their voting power. This innovative approac...
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Binance Prepares for Explosive Lunar Crush (LUNC) Burning Event on December 1st, 2023, Following Terraport Finance’s Tweet
17Nov By CryptolifedigitalNo Comments
Terra Classic (LUNC)

Binance Prepares for Explosive Lunar Crush (LUNC) Burning Event on December 1st, 2023, Following Terraport Finance’s Tweet

In a tweet that has sent shockwaves through the crypto community, Terraport Finance has announced an upcoming massive Lunar Crush (LUNC) burning event on December 1st, 2023, courtesy of the renowned cryptocurrency exchange, Binance. This revelation comes as a follow-up to Binance's series of significant burns, building anticipation for an explosive December spectacle. Read Also: Terra Classic (LUNC) Navigates Rocky Recovery Amidst AI-Predicted Future Challenges https://twitter.com/TerraValidators/status/1725426140100411633 Binance Prepares for another massive LUNC burn Terraport Finance took to Twitter to share the exciting news, stating, "Get ready for the ultimate Lunar Crush (LUNC) burn! Binance is set to ignite the crypto space with another massive burning event on December 1st...
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Terra Luna Classic (LUNC) Experiences Explosive Growth Following Unanimous Community Vote on USTC Minting Halt
13Nov By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

Terra Luna Classic (LUNC) Experiences Explosive Growth Following Unanimous Community Vote on USTC Minting Halt

In a surprising turn of events, Terra Luna Classic (LUNC) witnessed a remarkable surge of over 45%, catapulting its value from $0.000064 to a significant milestone, nearly eliminating one leading zero. The spike in trading volume, soaring from an average of $30 million to an astonishing $333 million, has left the cryptocurrency community buzzing. The driving force behind this unprecedented growth appears to be a pivotal proposal centred around USTC minting, which garnered unanimous support from the LUNC community. Read Also: Terra Classic (LUNC) Faces Uncertainty Amidst Binance Token Burn and Market Volatility https://twitter.com/ColeStrathclyde/status/1723293889224732942 Proposal Approval and Tobin Tax Increase The LUNC community recently voted unanimously in favour of halting UST...
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Terraform Labs’ CEO Chris Amani Announces Game-Changing Infrastructure Support for Cosmos Ecosystem
3Nov By CryptolifedigitalNo Comments
Terra Classic (LUNC)

Terraform Labs’ CEO Chris Amani Announces Game-Changing Infrastructure Support for Cosmos Ecosystem

In a groundbreaking move, Terraform Labs' newly-appointed CEO, Chris Amani, has unveiled a visionary plan to provide crucial infrastructure support to the Cosmos community. This initiative aims to significantly reduce the infrastructure costs associated with running various chains on the Cosmos network, sparking tremendous excitement within the Cosmos ecosystem. Foundation's Business Model to Support All Cosmos Chains Under this innovative proposal, the Foundation's business model is willing to undertake the responsibility of running the infrastructure for all chains within the Cosmos network. This strategic move seeks to alleviate the massive costs and technical complexities associated with maintaining a robust and efficient infrastructure for Cosmos chains. https://twitter.com/MrDia...
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Terra Luna’s Classic DynComm Module Sparks Price Surge as L1 Team Approves Dynamic Validator Commissions
3Nov By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

Terra Luna’s Classic DynComm Module Sparks Price Surge as L1 Team Approves Dynamic Validator Commissions

In a momentous development for the Terra Luna blockchain, the L1 team has officially approved the Classic DynComm module, a groundbreaking addition that promises to revolutionize the dynamics of validator commissions. As a direct result of this announcement, the market has witnessed a substantial price surge, as investors and blockchain enthusiasts alike express their excitement and anticipation. Read Also: Terraform Labs Founder Do Kwon Released from Detention; Terra Luna Classic (LUNC) Price Surge Anticipated https://twitter.com/terra_army/status/1720143395933532495 Dynamic Validator Commissions The Classic DynComm module introduces a dynamic framework for setting validator commissions within the Terra Luna ecosystem. Traditional blockchain networks usually employ static commissi...
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Terra Classic (LUNC) Community Pins Hope on AI-Driven Predictions for Token’s Future
1Nov By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

Terra Classic (LUNC) Community Pins Hope on AI-Driven Predictions for Token’s Future

In the ever-evolving world of cryptocurrency, the Terra Classic (LUNC) community is working tirelessly to restore its digital asset to its former glory. While there are no guarantees of a massive price surge anytime soon, the community is turning to advanced AI tools for potentially more accurate insights and predictions. Google's AI Large Language Model (LLM), Bard, has been enlisted to analyze LUNC's performance and market dynamics, offering a glimpse into its potential price by November 30, 2023. Read Also: Cardano's Impressive Q3 Performance: Stablecoin Growth, TVL Surge, and NFT Trading Boost Bard's Price Prediction for LUNC Based on current market conditions and historical price data, Bard forecasts that Terra Classic (LUNC) could reach a price of $0.000073 by November 30, 2023....
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Terra ClassicUSD (USTC) Community Approves Proposal to Halt Minting and Reminting, Aims to Restore Stability and Peg to $1
27Sep By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

Terra ClassicUSD (USTC) Community Approves Proposal to Halt Minting and Reminting, Aims to Restore Stability and Peg to $1

In a significant move to restore stability and re-establish Terra ClassicUSD (USTC) at its intended peg of $1, the Terra Classic community has approved Proposal 11784. This proposal, which had faced previous obstacles due to software upgrades, has gained strong support and mandates the cessation of all minting and reminting of USTC without explicit approval from the Terra Classic community. This decision comes after a tumultuous period that followed the collapse of Terra in May 2022. Read Also: Internet Personality Damien Slash Regrets Selling Shiba Inu (SHIB) Holdings Too Soon, Missing Out on $1 Billion Gain The proposal received overwhelming support from the Terra Classic community, with a resounding 'YES' vote securing 55.32% of the ballots cast. However, it's worth noting that 37...
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L1 Team Proposes Upgrade v2.2.1 for LUNC Chain with a Focus on Increased Burn
5Sep By CryptolifedigitalNo Comments
Terra Classic (LUNC)

L1 Team Proposes Upgrade v2.2.1 for LUNC Chain with a Focus on Increased Burn

In a significant development for the LUNC community, Proposal #11766 for upgrade v2.2.1 has been presented by the L1 Team and is now open for voting. This proposal carries the promise of addressing past issues within the LUNC blockchain and steering it towards a more positive trajectory. https://twitter.com/SaqlainAli888/status/1698970331350765573 L1 Team Suggests Upgrade v2.2.1 for LUNC The LUNC community is urged to thoroughly review the proposal's details and actively participate in the voting process. This democratic approach to decision-making highlights the decentralized nature of blockchain networks, where community input plays a pivotal role in shaping the network's future. Read Also: GroveX Exchange Lists Shiba Inu's Governance Token, Bone ShibaSwap; Shiba Inu Community St...
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Terra Luna Classic’s Crucial Proposal for Dynamic Minimum Commission Passes
4Sep By OLAJIDE SAMUELNo Comments
Terra Classic (LUNC)

Terra Luna Classic’s Crucial Proposal for Dynamic Minimum Commission Passes

In a significant development within the Terra Luna Classic ecosystem, a crucial proposal for implementing a dynamic minimum commission has passed with overwhelming support from the community. This decision promises to enhance the efficiency and stability of the Terra Luna Classic network, cementing its position as a leading blockchain platform. https://twitter.com/terra_army/status/1698631216378044669   The proposal, which garnered widespread attention and approval from Terra Luna Classic stakeholders, focuses on introducing a dynamic minimum commission fee structure. This innovative mechanism aims to address several key issues, including network congestion, fee predictability, and overall usability. Read Also: Shiba Inu's Commitment to Reduce SHIB Token Supply through Shi...
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Terra Classic Community Passes Crucial Proposals to Address USTC Stability
9Aug By OLAJIDE SAMUEL1 Comment
Terra Classic (LUNC)

Terra Classic Community Passes Crucial Proposals to Address USTC Stability

In a significant stride towards stabilizing the TerraClassicUSD (USTC) stablecoin, the Terra Classic (LUNC) community has successfully passed two pivotal proposals. These initiatives are aimed at restoring equilibrium to the USTC stablecoin by addressing the extensive supply and facilitating a gradual re-pegging process. 1st Proposal The first proposal, known as "Proposal 11658," was submitted by a prominent LUNC community member named Vegas on July 30. This proposal advocated for the return of a substantial amount of USTC, totalling 800 million, to the Terra Classic community pool. The funds in question were originally allocated for the underwriting capacity of the Ozone Protocol back in March. However, due to deviations from the proposed development plan, these funds were not fully uti...
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