Will LUNC Developers Finally Get Their Due? 🤔💰

Oh, the Terra Luna Classic (LUNC) ecosystem is at it again, this time with a proposal to reward developers for their hard work. Can you believe it? Juris Lunc Validator announced on X that they’re seeking to pay out for the essential audit work done on Proposals 12165 and 12166. 🤷‍♀️

The Latest Terra Luna Classic Proposal

Apparently, Frag, the developer in question, not only conducted the audits but also made some development contributions to promote LUNC. Proposal 12165 is all about introducing a SubDAO system to give the community more say in the protocol’s governance. And Proposal 12166? It’s a fancy vesting mechanism to ensure the funds are disbursed properly. 📊

So, the proposal is to pay Frag 1,420 EUR in LUNC. The sponsors are all about fairness and maintaining trust and integrity in the ecosystem. But let’s be real, who doesn’t love a bit of LUNC? 🤑

The proposal is up for voting, and they’re hoping the community will show some love. 🙏

Terra Classic Community and Proposals

Oh, the Terra Classic Community, where unity is a bit of a stretch. Earlier this month, the SubDAO proposal was put to a vote to boost decentralization. But guess what? A top validator flagged it, saying it could do more harm than good. 🚨

The SubDAO Proposal was vetoed, and some community members were not happy, especially with top validator Vegas. But Vegas is all for paying anyone who’s worked hard for the chain. He even denied having any professional ties to Frag, the potential beneficiary. 🤷‍♂️

LUNC Price Outlook

Now, let’s talk numbers. The LUNC price is always a rollercoaster, and ecosystem updates definitely play a role. At the moment, LUNC is trading at $0.00006483, up by 1.2% in 24 hours. Not bad, right? 📈

Remember the LUNC burn update? Crossing the 405 billion milestone had everyone talking about a potential price breakout. But let’s not get too excited. Terra Classic is still a fragile project with a long road ahead. 🛠️

Despite the challenges, some believers think LUNC could hit $0.01 in the long term. Only time will tell if that’s wishful thinking or a real possibility. 🤞

Read More

2025-03-21 03:08