$LUNC

🌖 Terra To Burn Tokens Post This Upgrade, Another LUNA & LUNC Price Rally Ahead?

Terraform Labs reveals a major governance proposal for the Terra blockchain, fueling discussions over its potential impact in the crypto community. The proposal, which will mark the final chain upgrade under TFL’s direct oversight if approved, is expected to boost the LUNA and LUNC tokens’ prices. It involves several upgrades, including a major token burn proposal among others.

It’s worth noting that as of writing, the majority votes were cast in the proposal’s favor, with no votes towards a “No” or “No with Veto”.