Terra Luna Classic Votes On Key Proposal, LUNC Revival Happening?

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As a long-term investor in Terra Luna Classic, I’ve seen my fair share of ups and downs with this project. The recent proposal to create a community website is a step in the right direction, in my opinion. The lack of a comprehensive and official website has been a missed opportunity for Terra Luna Classic to showcase its potential to newcomers and keep existing users informed.

In a governance move for Terra Luna Classic, members are proposing the creation of an autonomous community platform akin to Bitcoin.org. This proposed site would incorporate design sessions and idea labs in its structure. The blockchain network has experienced a surge of optimistic reports lately as users aim to regain momentum following past setbacks.

Terra Luna Classic Votes on Website

There’s a fresh initiative being put forward among us for the development of a website. This proposed site aims to function as a community and learning platform, operated in a decentralized manner, and capable of holding its own against similar websites built on blockchain technology.

“Our plan is to establish a self-governing and specialized Terra Classic website, modeled after Bitcoin.org, through a series of expert design procedures. This includes initial brainstorming sessions, creation of key visuals, development of a preliminary version of the site, and ultimately, the completion of the fully-fledged website design.”

At present, approximately one-third (30.7%) of the community have cast their votes in support of the proposal, whereas around a quarter (23%) have expressed opposition. The remaining half (46%) of the community has yet to participate in the voting process. There are still five days left on the countdown for users to engage with the benefits of this proposal within the larger ecosystem.

There isn’t a centralized website providing extensive information about Terra Luna Classic and facilitating development for developers, relying instead on external resources such as CoinGecko and CoinMarketCap. The absence of this platform has resulted in reduced trading activity for Terra Luna Classic.

Platform See Positives

Over the past few weeks, Terra Luna Classic has experienced a string of favorable developments. The cryptocurrency’s price has risen, and there was a significant burn event where Binance destroyed 62 billion LUNC tokens. This action sparked excitement among users, leading to speculation that USTC might undergo a revival. Moreover, the ratio of LUNC being staked is approaching its record high of over 15%. At this moment, USTC is up by 17% in the last day and is priced at $0.02002.

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2024-07-16 20:47