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One of the most critical pieces of the Luna Classic ($LUNC ) roadmap is the repeg of USTC back to $1. But here’s the big question: Why isn’t the community focusing on this more?
Let’s break it down and look at the numbers.
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📊 The USTC Advantage Over LUNC
Circulating Supply: USTC has just 9 billion tokens in circulation—a fraction of LUNC’s massive supply.
Capital Efficiency: Achieving a $1 price for USTC would require far less capital compared to pushing LUNC to significant price levels.
Impact: A successful repeg wouldn’t just boost USTC—it could restore faith in the entire ecosystem, creating a ripple effect that benefits LUNC indirectly.
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🔥 Why Repegging USTC Could Transform the Ecosystem
1️⃣ Restoring Utility & Trust
USTC’s stability at $1 would bring back credibility to the Luna Classic project, attracting new investors and users.
2️⃣ Faster Progress
Due to USTC’s smaller supply, coordinated efforts could generate a stronger and quicker price movement, reigniting momentum in the ecosystem.
3️⃣ Supporting LUNC Burns
A USTC repeg could boost demand for LUNC as the two are intertwined. The renewed confidence would likely lead to further community-driven burns and investments.
4️⃣ A Strategic Push
Refocusing community energy, investment, and development toward USTC could trigger:
Sustainable burn mechanisms 🔥
Incentives for holding USTC 📈
Demand-driven use cases ⚙️
These actions would create long-term price stability while delivering real utility.
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🤝 It Starts with Community Effort
To achieve this goal, the community must:
✅ Refocus Priorities: Balance efforts between LUNC burns and USTC stabilization.
✅ Unite Strategies: Collaborate on realistic plans for burns, utility, and growth.
✅ Incentivize Demand: Encourage holding USTC through rewards, staking, and real-world use cases.
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🌟 A Ripple Effect for Luna Classic
If the USTC repeg succeeds, it could become the turning point for the Luna Classic ecosystem. Reestablishing USTC’s $1 peg would showcase a comeback story like no other, leading to increased trust, new capital inflows, and renewed excitement around LUNC.
The opportunity is there—it’s time for the community to strategize, focus, and execute. Together, a $1 USTC is not just a dream—it’s a goal within reach.
So, what’s your take? Is it time to make USTC a priority? Share your thoughts below! 💬
#USTC #LUNC #CryptoStrategy #CryptoCommunity 🚀
$USTC
$LUNC

Terra Classic (LUNC), the cryptocurrency that has experienced significant growth and recovery since its May 2022 crash, has seen its user base reach impressive numbers. As of March 2024, Terra Classic has a circulating supply of 5.80 trillion LUNC tokens out of a maximum supply of 6.88 trillion LUNC. This circulating supply is higher than that of top cryptocurrencies such as Cardano (ADA) with 45.8 billion tokens and Shiba Inu (SHIB) with 589.5 trillion tokens.
The growth in the number of Terra Classic accounts can be attributed to several factors, including the project's ongoing efforts to revitalize the ecosystem and the potential value that LUNC holders see in the project's future. The recent increase in the number of holders is a positive sign for the project, indicating that investors and users remain optimistic about its potential.
The Terra ecosystem, which includes the algorithmic stablecoin TerraUSD (UST) and its complementary asset LUNA, has been undergoing changes and improvements since the May 2022 crash. The Terra community has been actively working on enhancing the network's security and stability, as well as developing new services and protocols to promote safety and user confidence.
The recent surge in the number of Terra Classic accounts is a testament to the project's resilience and potential for growth. As the Terra ecosystem continues to evolve, the community of LUNC holders will play a crucial role in shaping its future and ensuring its long-term success. The growth in the number of holders is a positive sign for the project, indicating that investors and users remain optimistic about its potential.
Despite the challenges faced in the past, the Terra ecosystem remains a significant player in the cryptocurrency market, with a total value locked (TVL) of $11.36 billion, making it the fourth largest smart contract platform by TVL. The Terra blockchain is also supported by a network of decentralized finance (DeFi) applications, which have been facing a growing number of hacks in recent years.
As the Terra ecosystem continues to grow, it is expected that the ecosystem will become more robust and resilient, potentially attracting more investors and users. The growth in the number of Terra Classic accounts is a positive sign for the project, indicating that the community is actively engaged and committed to its future success.
#LUNC🔥 #USTC #TerraClassicRising

The contentious discussion revolves around USTC burns, with the majority of the volatile stablecoin being stored in a cryptocurrency wallet that is prohibited from being used.
Members of the LUNC community make decisions on the future of USTC, which is situated in the Community Pool.
The developers of Risk Harbor had earlier reached an agreement to relinquish the 800 million US dollars that had been awarded to the team.
One school of thought among chain validators is that the USTC might be put to use for activities other than burning.
When it comes to the subsequent actions that should be taken in order to revitalize the battle-scarred blockchain, members of the Terra Luna Classic community are split into two factions. One of the most recent ideas for governance brings to the attention of the community the fact that there are still 800 million Terra Classic USD (USTC) tokens stored in the Risk Harbor Multisig Wallet.
Earlier, the Risk Harbor developer team reached an agreement to hand up the cash from the wallet. This was due to the fact that the keys had been misplaced and the wallet address had been blacklisted. The issue of 8.03 million USTC tokens being stored in the Community Pool without any particular use is addressed by the most recent proposal, which is assigned the number #11958 and is titled "Burn 8 million USTC directly from CP."

This is the Reason Why the USTC Burn Proposal Is Being Obstructed
It is interesting to note that proposal #11958 was submitted just a few days after the Terra Luna Classic community cast their vote against the 800 million USTC burn plan that was intended to burn it all at once. On the other hand, the updated plan includes a discussion of the burning of USTC and LUNC inside the communal pool. Not only does the community pool include 8.03 million USTC, but it also has 3.49 billion LUNC.
In spite of the fact that it received just 28% of "Yes" votes, an astounding 70% of people have expressed their unequivocal opposition to the burning, and another 2% of voters have vetoed the plan. One of the arguments that members of Terra Classic on X make is that the USTC may be utilized for community projects. To put this into perspective, the 800 million US dollars that are stored in Risk Harbor's wallet are not usable since the creators of Risk Harbor have indicated that they have misplaced the private keys to the multi-signature wallet.
The Importance of This
Validators of the Terra Luna Classic chain, delegators, and other significant members are looking for a solution that would effectively update the blockchain that is now experiencing difficulties through the use of burning.
#USTC #LUNC #crypto2024 $USTC