Terra Classic [LUNC]: Will this proposal be the boost the ecosystem needs?

Over 41% of the voters supported the proposal, whereas 9% were against it at press time. LUNC and LUNA were slow to respond to the news. Terra Classic’s [LUNC] much anticipated proposal 11The post Terra Classic [LUNC]: Will this proposal be the boost the ecosystem needs? appeared first on AMBCrypto.

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Terra Classic (LUNC) Suddenly Jumps 13% as Proposal to Repeg UST Passes

Original UST stablecoin lost its peg to dollar in May 2022

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Terra Community proposes LUNC and USTC recoupling

LUNC community has passed a Signal proposal to repeg with Terra Classic USD (USTC) through an operational framework. Since the project announced the plans to bind the two assets together again, LUNC has gained 18%, while USTC has yielded 67.5%.…

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Terra Classic attempts recovery with this proposal, is LUNC at a risk?

The Luna Classic community recently voted in favour of Proposal 11242 The proposal will stop the re-minting of burnt LUNC and raise the gas price After the catastrophic Terra collapse, TerraThe post Terra Classic attempts recovery with this proposal, is LUNC at a risk? appeared first on AMBCrypto.

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Relief for LUNC holders as new proposal eliminates burnt token minting

LUNC pulled off a 47. 87% upside within the last seven days. Its weighted sentiment metric registered an uptick. Luna Classic (LUNC) is currently among the most volatile cryptocurrencies.

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LUNC community passes proposal 5234, here's why it's important for you

Recently, the Terra Classic ecosystem was quite heated as a significant new update was approved. The LUNC community passed Proposal 5234. According to this, the 1.2% tax burn protocol was changed to 0The post LUNC community passes proposal 5234, here's why it's important for you appeared first on AMBCrypto.

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Binance burns $1.8M in LUNC trading fees following community proposal

According to the crypto exchange, the burn was the equivalent of 1,863,213.47 USDT — roughly 5.5 million LUNC.

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Binance Implements Terra Classic ($LUNC) Burn Mechanism

Binance, the world’s largest cryptocurrency centralized exchange (CEX) by volume, has announced a burn mechanism to burn all trading fees on $LUNC spot and margin pairs. The Burn Mechanism Is a Response to the $Lunc Community Proposal Following the Terra…

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LUNC Is Dangerously Close to Plunging to 0, Here's Why

Heir of notorious Terra Luna is plunging following effective implementation of burn proposal

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Terra Classic [LUNC] traders must pave way for bulls after this proposal

Terra Classic [LUNC] is among the more interesting cryptocurrencies that has been in our watch list especially in the first half of September. It has undergone a retracement since then as expected butThe post Terra Classic [LUNC] traders must pave way for bulls after this proposal appeared first on AMBCrypto.

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Crypto Terra Luna Classic Surges as Traders Speculate on New Supply Burn Rule

In an attempt to revive the failed Terra blockchain’s LUNC token, the approved proposal will tax and destroy 1.2% of every transaction to reduce supply.

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MEXC Declares It Will Support the Upgrade of LUNC and Burn LUNC Spot Trading Fees

MEXC will begin a time-limited burning event for spot trading fees for LUNC/USDT and LUNC/USDC starting September 3, 10:00 until September 17, 10:00 in support of the burn tax proposal from the Terra Classic (LUNC) community (UTC).

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MEXC the first CEX to support LUNC upgrade and burning proposal

Three months ago, MEXC Global initiated a LUNC recovery plan that included burning and… The post MEXC the first CEX to support LUNC upgrade and burning proposal appeared first on CoinJournal.

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LUNC up 134% in 7 days amid massive community support and burn tax proposal

Terra Classic (LUNC) has witnessed a massive rally over the past week. It has risen by about 134. 2% over the past seven days according to Coingecko. LUNC has also attracted significant interest from investors with its daily trading volume surging by over $2 billion.

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Terra Founder Do Kwon allegedly voted on his own proposal using one of his secret wallets

Do Kwon, the founder, and CEO of Terraform Labs, has faced multiple allegations of foul play regarding the collapse of the Terra (LUNC) cryptocurrency and TerraUSD (USTC) stablecoin. The post Terra Founder Do Kwon allegedly voted on his own proposal using one of his secret wallets appeared first on CryptoSlate.

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Do Kwon outlines fork proposal as he seeks to save Terra

The proposal is to have a new Terra (LUNA) chain and (old)Terra Classic (LUNC),…

The post Do Kwon outlines fork proposal as he seeks to save Terra appeared first on Coin Journal.

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