#LUNC validators are voting for the proposal that foresees increasing the tax burn rate from 0.5% to 1.5% on the Terra Classic chain.
The number of LUNC validators who voted "YES" for the proposal is not small. We also took the views of our followers for our voting preference and saw that the "YES" vote is far ahead.
Investors want LUNC burns to increase and the supply to be reduced as soon as possible.
The rate of validators VETOing the proposal is 40.76%! If the rate of validators VETOing the proposals made on the Terra Classic chain exceeds 33.4%, that proposal is not accepted.
We currently see that this proposal has been clearly VETOed...
#TerraClassic #USTC $LUNC