TerraClassicRevival
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Garuda Universe Vision in Terra Classic
" Build a permissionless dApps to fostering trust, innovation, and user empowerment in Terra Classic Blockchain "
Terra classic (LUNC) has become community driven blockchain since departure of TerraForm Labs (TFL), which means LUNC is decentralized, enabling validator as represent of community members to propose and vote on upgrades or changes on the governance blockchain.
However, LUNC ecosystem needs more and innovative decentralized applications (dApps) to attract users, rebuild trust, and regain its competitive position in the blockchain industry.
Garuda Universe Vision
Garuda Universe as one of validator on LUNC believes that the dApps must embody the principles of decentralization and inclusivity in Terra Classic, allowing any user to engage with the dApps transparently and autonomously.
This is why Garuda focused on Layer-2 developments in Terra Classic by build the permissionless dApps : BigbangX and Garuda DeFi, where anyone can access, use, and interact with the application without requiring approval or special permissions.
BigbangX
NFT permissionless marketplace, with the potential to stand out by addressing the needs of creators and collectors while contributing to the growth of Terra Classic’s ecosystem without requiring centralized approval.
Garuda DeFi
Permissionless DeFi platform, offering users the ability to create staking tokens and NFTs. The combination of DeFi functionalities and NFTs adds a unique layer of utility and user empowerment within the Terra Classic ecosystem.
Ultimately, Terra Classic operates in a permissionless environment that aligns with the fundamental principles of blockchain technology—decentralization, transparency, and security—making it an attractive platform for building permissionless dApps.
Terra Classic
#LUNC #LUNACLASSIC #TerraClassicRevival
Terra classic (LUNC) has become community driven blockchain since departure of TerraForm Labs (TFL), which means LUNC is decentralized, enabling validator as represent of community members to propose and vote on upgrades or changes on the governance blockchain.
However, LUNC ecosystem needs more and innovative decentralized applications (dApps) to attract users, rebuild trust, and regain its competitive position in the blockchain industry.
Garuda Universe Vision
Garuda Universe as one of validator on LUNC believes that the dApps must embody the principles of decentralization and inclusivity in Terra Classic, allowing any user to engage with the dApps transparently and autonomously.
This is why Garuda focused on Layer-2 developments in Terra Classic by build the permissionless dApps : BigbangX and Garuda DeFi, where anyone can access, use, and interact with the application without requiring approval or special permissions.
BigbangX
NFT permissionless marketplace, with the potential to stand out by addressing the needs of creators and collectors while contributing to the growth of Terra Classic’s ecosystem without requiring centralized approval.
Garuda DeFi
Permissionless DeFi platform, offering users the ability to create staking tokens and NFTs. The combination of DeFi functionalities and NFTs adds a unique layer of utility and user empowerment within the Terra Classic ecosystem.
Ultimately, Terra Classic operates in a permissionless environment that aligns with the fundamental principles of blockchain technology—decentralization, transparency, and security—making it an attractive platform for building permissionless dApps.
Terra Classic
#LUNC #LUNACLASSIC #TerraClassicRevival
iGe:
Good Project👍
Here's a concise revision of the article with an added analysis:
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The total USTC burns have now reached 3,136,813,332 units. These burns occurred in several stages:
- Following Terra’s collapse, two major burns were initiated, totaling 1,445,874,000 units.
- Three additional burns were executed based on community votes, burning 796,109,900, 726,370,000, and 46,358,000 units, respectively. Together, these community-driven burns amounted to 1,568,837,900 units.
The USTC burns reflect an effort to restore value and stabilize the token post-collapse. By reducing supply, the Terra community aims to decrease inflation and rebuild trust in the ecosystem. Community involvement through votes demonstrates decentralized governance in action, driving the recovery process. Whether this strategy will significantly improve USTC's long-term outlook remains to be seen, as market confidence and future burns will play a critical role.
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This revision tightens the article and includes a brief analysis of USTC's burn mechanism and its implications for the Terra ecosystem.
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRising #TerraClassicRevival #TerraLunc $USTC
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The total USTC burns have now reached 3,136,813,332 units. These burns occurred in several stages:
- Following Terra’s collapse, two major burns were initiated, totaling 1,445,874,000 units.
- Three additional burns were executed based on community votes, burning 796,109,900, 726,370,000, and 46,358,000 units, respectively. Together, these community-driven burns amounted to 1,568,837,900 units.
The USTC burns reflect an effort to restore value and stabilize the token post-collapse. By reducing supply, the Terra community aims to decrease inflation and rebuild trust in the ecosystem. Community involvement through votes demonstrates decentralized governance in action, driving the recovery process. Whether this strategy will significantly improve USTC's long-term outlook remains to be seen, as market confidence and future burns will play a critical role.
---
This revision tightens the article and includes a brief analysis of USTC's burn mechanism and its implications for the Terra ecosystem.
#TerraClassicUpgrade #terraClassicLunc #TerraClassicRising #TerraClassicRevival #TerraLunc $USTC