TerraCVita, an independent development group working on the Terra Classic blockchain, may be on track to receive funding from Binance to support its development work on Terra Classic. The group recently sought the community’s opinion on seeking funds from the exchange.

Following Terra Rebels’ fallout with the Terra Classic community, TerraCVita has positioned itself as the primary development group working towards bolstering the LUNC revival campaign on a code level. Efforts to build on the blockchain require funds, and the group is mulling the idea of applying for funding from Binance.

TerraCVita has received a go-ahead from the majority of the community to seek funds from Binance, as evidenced in replies so far. Terra Classic validator BetterLunc further pushed for the idea, highlighting that Binance has always been in the business of supporting DeFi projects with funds. The exchange is also known for providing liquidity.

(By ALBERT BROWN)

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