Quant

Terra Classic

Pepe Coin

Terra

Read

<div class="coingape"> 
 <h2 id="terra-luna-classic-community-voting-again-on-ustc-proposal">Terra Luna Classic Community Voting Again On USTC Proposal</h2> 
 <p>Proposal 11730 “USTC / Stable Algo Quant Team” is up for voting from August 26-September 2. The proposal is submitted again for proper validator voting turnout as the Station wallet is live and working after being down for many days.</p>  
 <div class="quads-location quads-ad90952 " id="quads-ad90952" style="float:none;text-align:center;padding:0px 0 0px 0;"> 
  <div class="ad1">
   <div class="advertised">
    <span class="ad-placeholder">advertisement</span>
   </div> 
  </div>  
  <div id="my-banner-ad" class="d-inline-block"></div> 
 </div> 
 <blockquote>
  <p>“This proposal has been re-submitted on behalf of LUNC community. Quant Team is too nice and proud to re-submit it, so somebody has to do it. This time, since TS is working again, we can expect proper validator voting turnout and live with the final results.”</p>
 </blockquote> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
  <p lang="en" dir="ltr">$LUNC proposal 11730 to fund the $USTC Quant Team for the month of August is now live for voting. The author states due to Terra Station being down during the last vote proper validator turnout was not received and this will be the official decision. 💎🤲🏻 #Crypto #LUNC pic.twitter.com/FosK8ROK0C</p> 
  <p>— Mr. Diamondhandz1💎 (@MrDiamondhandz1) August 26, 2023</p>  
  <div class="quads-location quads-ad148831 " id="quads-ad148831" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
   <div class="NewTrendin dsdsd m-on"> 
    <h5> 
     <svg class="inline-block w-5 ml-1 text-black _text-digg-blue" width="34" height="20" xmlns="//www.w3.org/2000/svg" viewbox="0 0 17 17" fill="currentColor"> <path fill-rule="evenodd" d="M12 7a1 1 0 110-2h5a1 1 0 011 1v5a1 1 0 11-2 0V8.414l-4.293 4.293a1 1 0 01-1.414 0L8 10.414l-4.293 4.293a1 1 0 01-1.414-1.414l5-5a1 1 0 011.414 0L11 10.586 14.586 7H12z" clip-rule="evenodd"></path>
     </svg>Recommended Articles </h5> 
    <div class="TrendSList owl-carousel owl-relatedpostar"> 
     <div class="BoXtrendsI bg-white"> 
      <div class="ImgFrmI"> 
       <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/25/cf35a15cb82cd1ed6fc87ff4ecbfc001.webp">
       <noscript>
        <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/08/25/cf35a15cb82cd1ed6fc87ff4ecbfc001.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" loading="lazy">
       </noscript> 
      </div> 
      <h6 class="mb-4"> Crypto Presale Projects For 2023 To Invest; Updated List </h6> <span>Must Read</span> 
     </div> 
     <div class="BoXtrendsI bg-white"> 
      <div class="ImgFrmI"> 
       <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto exchange affiliate programs" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/24/fa6133ad6e87ee1c4776d3849180d46b.webp">
       <noscript>
        <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/08/24/fa6133ad6e87ee1c4776d3849180d46b.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto exchange affiliate programs" decoding="async" loading="lazy">
       </noscript> 
      </div> 
      <h6 class="mb-4">Best Crypto Trading Bots List 2023</h6> <span>Must Read</span> 
     </div> 
     <div class="BoXtrendsI bg-white"> 
      <div class="ImgFrmI"> 
       <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/26/f88de9f91a8c6b7926f52e209e8f697e.webp">
       <noscript>
        <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/08/26/f88de9f91a8c6b7926f52e209e8f697e.webp" alt="ethereum price crypto news" decoding="async" loading="lazy">
       </noscript> 
      </div> 
      <h6 class="mb-4"> Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks [Updated] </h6> <span>Must Read</span> 
     </div> 
     <div class="BoXtrendsI bg-white"> 
      <div class="ImgFrmI"> 
       <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/26/472515f3ab5ae759f4e49d6afa8bc33a.webp">
       <noscript>
        <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/08/26/472515f3ab5ae759f4e49d6afa8bc33a.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" loading="lazy">
       </noscript> 
      </div> 
      <h6 class="mb-4">Crypto Telegram Channels List 2023 [Updated]</h6> <span>Must Read</span> 
     </div> 
     <div class="BoXtrendsI bg-white"> 
      <div class="ImgFrmI"> 
       <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/25/48cfebc8a0493db9937bed5dd005ee19.webp">
       <noscript>
        <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/08/25/48cfebc8a0493db9937bed5dd005ee19.webp" alt="ethereum price crypto news" decoding="async" loading="lazy">
       </noscript> 
      </div> 
      <h6 class="mb-4">Top 10 Web3 Games To Explore In 2023; Here List</h6> <span>Must Read</span> 
     </div> 
    </div> 
   </div> 
  </div> 
 </blockquote> 
 <p></p> 
 <p>Hexxagon stated that they paid the remaining balance on the proposal to get it to the governance voting stage on Station. The validator has also voted in favor of the proposal and asked for support from the Terra Luna Classic community.</p> 
 <p>After the initial voting, the proposal has received 43% “Yes” <a rel="dofollow" title="votes" href="https://thebittimes.com/tag/votes.html">votes</a>. Moreover, it has 28% “No” and 29% “No with veto” <a rel="dofollow" title="votes" href="https://thebittimes.com/tag/votes.html">votes</a>. Among the validators, 9 have favored the proposal while 6 have rejected it. JESUSisLORD validator voted “No with veto” citing unprofessional and dangerous behavior as reasons.</p> 
 <p>The proposal was earlier rejected by the community through governance voting. However, USTC Quant team members blamed some validators for changing the outcome of the proposal. A validator announced funding the USTC repeg team for their work through commissions.</p> 
 <p><strong>Read More: <a rel="dofollow" title="Terra (LUNA)" href="https://thebittimes.com/tag/terra-luna.html">Terra (LUNA)</a> And <a rel="dofollow" title="Terra Classic" href="https://thebittimes.com/tag/terra-classic.html">Terra Classic</a> (LUNC) Impacted Amid Terra Money And Station Issues</strong></p> 
 <h2 id="lunc-and-ustc-price-slightly-rebound">LUNC and USTC Price Slightly Rebound</h2>  
 <div class="quads-location quads-ad124348 " id="quads-ad124348" style="float:none;text-align:center;padding:0px 0 0px 0;">   
 </div> 
 <p>Terra ecosystem tokens LUNC and USTC recover slightly after the USTC proposal is resubmitted. However, the overall momentum is still low.</p> 
 <p>LUNC price is currently trading at $0.000063, up 1% in the last 24 hours. The 24-hour low and high are $0.0000617 and $0.0000633, respectively.</p> 
 <p>Meanwhile, USTC price also jumped 0.5% in the past 24 hours, with the price currently trading at $0.012. Moreover, the trading volume has decreased by 50% in the past 24 hours.</p> 
 <p><strong>Also Read:</strong></p> 
 <ul> 
  <li>Pepe Coin Team Accused Of Insider Trading, More PEPE On The Move</li> 
  <li>Lawyer Deaton Calls For Hinman And Clayton To Testify In XRP Lawsuit</li> 
  <li>Hashdex Files Unique Spot Bitcoin ETF Application With US SEC</li> 
 </ul> 
</div>

Terra Luna Classic Revotes On USTC Repeg Team's Proposal

Table of Contents

TheBitTimes

Other articles published on Aug 26, 2023

Will US Treasury proposals kill defi? Critics blast new crypto bill

Mengapa AS Tahan Pendiri Tornado Cash?

Drama in Digital Gold: Inside the $16 Million Pepecoin Heist

HashKey Gears Up to Offer Trading Service to Retail Traders

Attacker Makes Away With $400,000 in SVT Flashloan Exploit: Report

Crypto Pioneers Advise: Focus Overseas, then Re-Enter the U.S. Market.

Join our free newsletter for daily crypto updates!