Terra Classic

TerraClassicUSD

The Terra Classic (LUNC) community is buzzing with excitement because they’ve officially given the thumbs up to the proposal by the USTC repeg team. This endorsement has raised hopes that both LUNC and USTC might see their prices go up.The Terra Classic community has made an important decision by approving Proposal 11730, called “USTC/Stable Algo Quant Team.” This proposal had been rejected before due to low voting turnout because of technical wallet issues. But now, with the Terra Station wallet working well again, enough validators have voted.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/1a4f0735b4704f538210625e56cc36d9.gif" />The proposal got a 50% approval rating, which is above the necessary “pass threshold.” There were also 8% “No” votes and 7% “No with veto” votes. The validator with the most voting power, Allnodes, chose not to vote, accounting for 35% of the votes. <a href="https://cryptosheadlines.com/lunc-and-ustc-community-passes-ustc-repeg-proposal/" rel="noopener noreferrer nofollow">Read More...</a>

LUNC and USTC Community Passes USTC Repeg Proposal

CryptosHeadlines.com

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