Terra Classic

The Terra Luna Classic community has turned down a proposal by the L1 Terra Classic Task Force (L1TF) team. This proposal aimed to test a market swap with a limit in an effort to bring the LUNC and USTC tokens back to a value of $1.The Terra Luna Classic community declined a proposal to encourage the L1 Terra Classic Task Force (L1TF) core development team to test a market swap with a limiter. This swap function was disabled for LUNC and USTC after the 2022 <a href="https://cryptosheadlines.com/terraform-labs-transfers-millions-worth-of-tokens-one-year-after-terra-luna-crisis/" rel="noopener noreferrer nofollow">Terra-LUNA crisis</a>, and some believed it could help bring back USTC’s value to $1 and revive LUNC’s price.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/686c3384057f4e5c98153624a85286d0.gif" />However, both the L1TF and Quant developer teams believe that enabling it again at this moment would not be a wise use of resources. <a href="https://cryptosheadlines.com/terra-luna-classic-validators-divided-over-ustc-and-lunc-revival-proposal/" rel="noopener noreferrer nofollow">Read More...</a>

Terra Luna Classic Validators Divided Over USTC and LUNC Revival Proposal

CryptosHeadlines.com

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