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LUNC News: Terra Luna Classic's Vision For Revival

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Proposal For Terra Luna Classic Revival Terra Luna Classic validator Happy Catty Crypto in a post on August 18 announced “ Terra Classic Expedition: A united vision.” It outlines a vision and highlights key developmental milestones, not Level 1 work, such as routine updates, mandatory security patches, and feature implementations. advertisement According to the vision paper, it aims to enhance development work, lower costs, increase transparency, and replace the on-chain tax with a better alternative. It proposes “paid-per-milestone” weekly payments for developers through smart contracts to increase transparency and incentivize project completion. Also, implementing a dynamic commission module for validators, integrating a native discussion platform into the official Terra Classic Wallet, and facilitating user onboarding with Station on-ramps. In addition, it aims to increase security and trust by mandating developers to undergo...

Terra Luna Classic Proposal Is A "Make Or Break Moment", LUNC Price To Crash?

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Terra Luna Classic Community To Reform L1TF After days of initial voting, Proposal 11685 “Realignment Of The Current L1 Team With Governance (Revised Final) HCC” indicates support from the Terra Luna Classic members and validators to reform the L1TF developer team. advertisement Until now, the proposal has received 55% votes in favor and 42% voted “No with veto,” while only a few voted “Abstain” and “No.” L1TF is the core developer team that looks after upgrades, maintenance, and other aspects of the Terra Luna Classic chain. Thus, the proposal is crucial and will impact projects and Dapps on the chain. Validators including HappyCattyCrypto, Classy’s Sphere, and Coinpayu have favored the proposal, while key validators such as JESUSisLORD, Mr. Diamondhandz1’s LUNCLIVE, and Fragwuerdig’s frag_node have voted against the proposal. While the current voting show the community favors the proposal, top va...