Terra LUNA & LUNC:
🌖 Terra Luna Classic Community Approves Major LUNC Fund Proposal
The Terra Luna Classic community has spoken, and its message is clear: strategic, well-planned proposals are the path forward. On June 3, 2024, the community voted for the #GenuineLabs Community Spend Proposal, and the results were favoring the proposal with 99.98% of the vote. This is quite the opposite of their previous rejection of Proposal 12105, which aimed to raise the #LUNC✅ burn tax with no strategy.
Community Invests in Innovation
The recent proposal made by Genuine Labs to allocate 256,410,256 $LUNC
towards development projects is a new frontier for Terra Luna Classic. This fund will encourage innovation and sustainability in the ecosystem. The community’s near-unanimous approval reflects a collective optimism about enhancing the network’s capabilities.
The voter turnout was relatively high, with 84. 2 billion votes tallied. This high turnout shows that the community is very interested in Genuine Labs’ direction. With large investments, they allow developers to add new features and improve the system in general.
The community’s backing is a powerful endorsement of potential growth and long-term viability. It signals to developers and investors that #TerraLunaClassic is actively shaping its future, not just clinging to its past. This support could bring about more talents and resources to fast-track the platform’s development.
