Proposal #12150 was approved on the Terra Classic chain.
In which a payment of 23,864,258 Lunc from the Community Pool was made.
At today’s price, it amounts to approximately $2,650.
In this update, payment was made for the following:
Supported StrathCole in reviewing the implementation of the reverse charge system.
Ensured that the implementation meets the specifications without significant changes.
Improvements made:
Comprehensive fiscal tests were added for multiple denominations.
Minimum gas prices were considered in test scenarios.
More end-to-end tests were added: https://github.com/classic-terra/core/pull/531
Update the specific Terra API endpoint registry in Swagger.
With the support of more than 99% of validators and delegators and more than 558 billion Lunc, the proposal passed.
Here we can see the slight decrease in the charge to the Community Pool by 23 million Lunc.
This is a major advance in the Terra Classic chain.
Every day the value of the Community Pool continues to increase and this will attract greater interest from developers to strengthen the network.
We have a chain with a decentralized project. The chain no longer has owners. This project belongs to the community, and we as a community need to unite to burn Lunc.
We are just a few days away from Binance's monthly burn.
I am currently burning Lunc every day to reduce the supply.
We have a lot to do, but we have already started and there will be no one to stop us.
I continue burning and buying Lunc every day. I will not sell a single Lunc.
And I will continue burning every day until we reach $1 dollar. That is the goal. Together we will achieve it.
