Terra

Coin

<ul class="news-points">
 <li>Terra Luna Classic has completed its upgrade to v3.1.3 on July 29.</li>
 <li>The upgrade focuses on revising burn tax distribution to enhance staking rewards.</li>
 <li>The proposal received 99.9% “yes” votes, signaling the community’s major support for the program.</li>
</ul>
Terra Luna Classic has successfully completed its upgrade to v3.1.3, which revises the burn tax distribution as a means to enhance staking rewards. The upgrade, implemented on July 29 at block height 19108180, introduces key changes such as Oracle Split logic and memory leak prevention.
Notably, the v3.1.3 upgrade was brought forward by the popular developer, Fragwerdig. In addition, overwhelming support from validators and developers such as Genuine Labs helped the platform to complete the upgrade without any delay. The proposal surprisingly received 99.9% “yes” votes, signaling the community’s major support for the program.
Under the new burn tax distribution, 80% will be dedicated to burning, with the remaining 20% allocated evenly between the Community Pool and Oracle Pool. This scheme is anticipated to offer validators significant benefits through increased staking opportunities and potentially bo…
The post <a href="https://coinedition.com/terra-luna-classic-transitions-to-v3-1-3-bybit-supports-the-upgrade/" rel="noopener noreferrer nofollow">Terra Luna Classic Transitions To V3.1.3; Bybit Supports the Upgrade</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Terra Luna Classic Transitions To V3.1.3; Bybit Supports the Upgrade

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