The new Terra Classic (LUNC) project, detached from the desperate Terra ecosystem, will undergo a series of key upgrades, as the renovation proposal is based on an overwhelming social network vote. With the latest login password trading center scheduled to be released on January 14, the major login password trading center also participated in the update. In order to apply the R & D theme activities on the Terra Rebels chain, the branch developer community has mainly shown an interest in rebuilding network facilities, while the LUNC community is not particularly clear about this.
The much-anticipated release will appear in the 15th century 029, about the same as 04:50 on Saturday when the world is in harmony. This is also the result of a vote by the Terra Classic social network based on renovation Proposition 11242, which aims to abolish and recalculate some of the damaged lunch tokens. Once implemented, this update will efficiently remove the login password dynamic password from the supply of goods in circulation, which in theory could be beneficial and harmful to the market price of LUNC. At the time of writing this article, the total output of LUNC tokens in circulation at this stage is very close to 6 trillion yuan.
After a marked slowdown in the chain damage rate of raw coins in the past four weeks, proposal 11242 was released in early January to efficiently reduce the seigniorage incentive policy to almost zero and prevent the re-minting of raw coins due to burns.
Terra Rebels is a grassroots entrepreneurial fitness campaign whose ultimate goal is to revitalize the Terra Classic biota. A map check of the Terra Rebel route shows that some interesting diligence is planned for 2023. The LUNC blockchain technology update is just one example of testing, authentication, and network security audit. And, according to their latest statement, it seems that they will actively carry out the upcoming transmission chain upgrade.
However, with recent reports of internal structural contradictions and a decline in thematic activities, some have even reprimanded Terra Rebels for embezzling Terra's community assets-Terra Rebels is facing criticism of a decline in community trust. The decline in the number of votes may even have an adverse impact on the timeliness of such plans.
On the other hand, Jared, a member of the TFL (Terraform Labs) team, has mainly shown a strong interest in assisting the rapid development of the ecosystem, and recently announced the introduction of a "DCA" role in this new wallet application on the Internet. With the support of DCA (average cost in US dollars), users can buy LUNC tokens step by step on a daily, weekly or monthly basis.
As things stand, the price of Terra Classic (LUNC) is $0.0001712 at this stage. According to CoinGape's login password to track sales data, this means an increase of 2% for the day, compared with an 11% increase last week.
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