Will Terra Rebel’s New Involvement Affect The Terra Classic (LUNC) Project?
The Terra Classic (LUNC), the project that spun out of the collapsed Terra ecosystem, is set to undergo a number of important upgrades as governance proposals get approved by an overwhelming community vote. With the most recent one being on January 14, some of the major crypto exchanges have partaken in the upgrade. To support the developing activities on the chain, Terra Rebels, the offshoot development community have shown interest in re-building the infrastructure; to much of the community’s dismay.
Binance Announces Support For Terra Classic (LUNC) Upgrade
In the announcement that was made on Friday, Binance revealed that it would be supporting the Terra Classic (LUNC) network upgrade. The upgrade which will be taking place on epoch 15,029 is a result of the LUNC community voting to pass Proposal 11242 which eliminates the re-minting of a portion of the burn tokens.
Terra Classic Community Will No Longer Re-Mint Burned LUNC
The governance voting results on Proposal 11242 in the Terra Classic community prove that re-minting 10% of burned LUNC at the end of each epoch was a step backward in the project’s revitalization movement.
Terra Classic (LUNC) To Be Supported on TerraForm Labs Interchain Station
According to a key developer at Do Kwon’s TerraForm Labs, Jared, Terra Classic (LUNC) will be integrated into Terra’s new wallet — the Interchain Station.
TerraCVita Launches Discounted Sale Of Terra Classic DEX Token
The launch of the Terra Classic DEX is fast approaching.
Just-In: Lead Developer Confirms Terra Classic’s (LUNC) Compatibility With Interchain Station
The price of Terra Classic (LUNC) rose nearly 3% in the past few minutes following the news of a major development slated to take place on the network. This comes after Jared, who recently served as the liaison for TFL and the LUNC community, asserted that the Terra Classic network stands to gain significantly from the new “breakthrough in chain integrations”.
TerraCVita Raises $1M For ‘Terraport’ That Includes Terra Classic DEX
In a tweet, TerraCVita, an independent Terra Classic development group, announced that it has raised $1 million in funding for its decentralized finance project dubbed “Terraport.”
Terra Classic Community Burns Over 12 Million LUNC, Price Jumps
The Terra Classic community has set eyes on increasing the burn rates for Terra Classic (LUNC) tokens as the LUNC burn rates dropped in December. Moreover, crypto exchange Binance temporarily suspended its LUNC burn mechanism until March and reduced the burn amount to 50% have also affected the LUNC burn rates.
Terra Classic Core Developer Reveals Proposal to Eliminate Canonical LUNC Repo
Edward Kim, Terra Classic developer and associate professor at Drexel University, has proposed eliminating the existing canonical repository for the Terra Classic blockchain. If the proposal passes, code changes made by developers will not be overseen by a central authority but by the active validator set, further promoting decentralization.
Breaking: Here’s Why KuCoin Undelegated 48 Billion Terra Classic ($LUNC) Tokens
Crypto exchange KuCoin on December 30 undelegated all 48 billion Terra Classic (LUNC) tokens. This led to the Terra Classic validator KuCoin fall in voting power down to 0.21% and rank to 44th on the validator list.
