Proposals that will bring movement to the Terra Classic chain;
$LUNC validators have accepted them. LUNC/USDC liquidity pools will be created on TerraPort and TerraSwap. You will be able to trade with the
$LUNC /
$USDC trading pair on these platforms.
Since
$USTC is not yet fixed to $1, trading with
$USDC will be very important. Chain movement will increase and this will also positively affect
$LUNC burns. The first proposal was VETOed by Allnodes. In the updated votes; Allnodes voted "YES" for TerraSwap. However, they did not vote for Terraport.
The Terra Classic community has completed another important stage. These pools will initially be supported by 25,000
$USDC and
$LUNC of the same value. These amounts can be increased later. Everything is ready for an increase in
$LUNC and
$USTC.
