LUNC News: Terra Luna Classic Community Votes to USTC More Burn ProposalđŸ”„đŸ”„đŸ”„

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The Terra Luna Classic community has recently initiated a USTC burn proposal, which has gained notable traction from the market participants. This initiative follows TerraForm Labs’ recent move to wind down its operations and burn remaining assets, which has noted significant attention from the community members.

Meanwhile, this latest proposal seeks to safeguard the Terra Classic community by removing inactive contracts and burning USTC holdings.

LUNC News: Terra Luna Classic Community Votes On USTC Burn Proposal

The latest USTC burn proposal has gained traction from the Terra Luna Classic community. According to the proposal, it aims to burn a total of 46.55 million USTC through a contract migration, with a specific focus on wallets linked to the Mirror Protocol.

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