Terra Luna Classic Major Upgrade Proposal Passed, LUNC To Extend 42% Rally
🚀 Major Upgrade for Terra Luna Classic (LUNC) 🚀
The Terra Luna Classic community has just approved the v3.1.3 upgrade proposal with overwhelming support (99.99% "Yes" votes)! Here's a quick rundown of what this means:
🔹 **Oracle Split Logic:** Community pool rewards from burn tax will now go to the Oracle Pool (OP), boosting long-term rewards and staking.
🔹 **Technical Enhancements:** Fixing parameter keys, adjusting oracle split logic, and using wasmvm v1.5.2 to prevent memory leaks.
🔹 **Implementation:** The chain will halt at block height 19108180 on July 29 at 13:00 UTC for the upgrade.
🔹 **Burn Tax Adjustment:** The 0.5% burn tax will now allocate 10% to the Community Pool and 10% to the Oracle Pool, optimizing fund distribution.
LUNC and USTC have seen significant recoveries recently. LUNC is currently at $0.00008969, while USTC is at $0.02013. Increased trading volumes indicate strong trader interest!
This upgrade is set to enhance the ecosystem, improve staking, and potentially boost LUNC prices further. Stay tuned for more updates!
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