LUNC News: Terra Luna Classic is nearing the approval of a crucial proposal ahead of the v3.3.0 upgrade
The #TerraLunaClassic community is voting on Proposal 12147 to update $LUNC
on CoinMarketCap. This vote takes place before the v3.3.0 upgrade of LUNC, aimed at simplifying tax handling and enhancing security, improving the ecosystem.
Growing support for Proposal 12147
So far, 215 delegates and 30 validators have voted in favor, indicating growing support for Proposal 12147. The current voter ratio is divided, with 51% in favor and 37% against. This proposal is a major issue for the LUNC community as it will enhance presence and accessibility for current and new investors.
However, figures in the community such as HappyCattyCrypto have stated that CoinMarketCap links are centralized and lack important metrics and tools for LUNC. Nevertheless, the proposal will allow Allnodes, a leading validator dashboard, access to implement changes.
Once approved, the dashboard will include links to Terra Classic Documentation, Galaxy Finder, GitHub, and Commonwealth Forums. The goal is to enhance community engagement, transparency, and ecosystem development.
Another significant development on the verge of the Terra Luna Classic ecosystem is the blockchain upgrade to version 3.3.0. As CNF reported, the upgrade is expected to begin on December 17, temporarily halting the chain to implement changes.
The upgrade will help simplify tax handling and provide more utilities for Terra Luna Classic. It will also lower development barriers for Decentralized Applications (dApps) built on the platform. This will encourage more projects to adopt the Terra Luna Classic chain.
