Terra Luna Classic Community Passes Major Tax2Gas Proposal, LUNC Price To $1?

Terra Luna Classic community approves Genuine Labs' Tax2Gas implementation proposal in governance voting, will LUNC price rally to $1.

HIGHLIGHTS

Terra Luna Classic proposal by core developer Genuine Labs to implement Tax2Gas passed in governance voting.

The proposal aims to remove the need for separating handling and calculation of tax faced by dApps developers and others.

Allnodes voted Abstain and warned the community over lack in interaction.

LUNC and USTC prices jump as the community believes $1 is possible in this bull market.

LUNC News: Terra Luna Classic community has finally passed the proposal to implement Tax2Gas, which removes the need for separating handling and calculation of tax. Tax2Gas will incorporate the tax into the gas and decrease complexities for dApp developers and others, as stated StrathCole and Genuine Labs.

With Tax2Gas almost near implementation, the Terra Classic community members started discussions on raising the burn tax to 1.2%. Once it is implemented all crypto exchanges will burn on buys and sells and drive LUNC price higher.