The Joint L1 Task Force, a core developer for Terra Luna Classic, has proposed the creation of a community-owned wallet that will be managed through governance by the LUNC community. Happy Catty Crypto, a LUNC validator, has submitted a similar proposal for voting to prioritize building wallet infrastructure and prevent privatization. The proposal has received almost 72% "Yes" votes from the community, with the voting deadline set for July 14. The development of the community-owned wallet will be free of charge, with the Joint L1 Task Force covering costs such as domain registration and hosting from their compute budget. LUNC price has jumped 4% in the past 24 hours, currently trading at $0.000083, with the next target price at $0.000090.