The proposal aims to increase funds sent to the community pool to fund development.

Allnodes and Terra Casino burn millions of LUNC on New Year’s day.

Crypto exchange KuCoin on Friday undelegated all 48 billion Terra Classic (LUNC) tokens. The Terra Classic validator KuCoin has reduced its voting power down to 0.21% and is ranked 44th on the validator list. The Terra Classic community believes a dump may likely come next and the LUNC price will fall further.

Independent Terra Luna Classic (LUNC) development group TerraCVita has announced a date for the launch of a LUNC decentralized exchange (DEX). According to the group, the community should expect the DEX in the early phase of next year’s first quarter. The announcement comes two months after a senior member of the TerraCVita group, Rex Harrison, confirmed intentions to develop a decentralized exchange.

The value of Terra Classic (LUNC) has experienced a significant drop due to increased selling pressure, which has impacted ongoing efforts to rescue the token. 

The world’s largest crypto exchange Binance has temporarily suspended the burning of Terra Classic (LUNC) trading fees until March 2023. The move comes following the developments related to Proposal 10983 and Proposal 11111 to fund the commodity pool. Moreover, the crypto exchange will burn 50% of LUNC spot and margin trading fees instead of 100%.

We will walk you through the year’s defining market events with the benefit of hindsight and an eye towards the future.

Terra Classic (LUNC), despite a massive drop in value to the collapse of the Terraform labs ecosystem, is beginning to recover. LUNC has recovered a market valuation of $1 billion as of December 27 for the first time since December 14.

Whistleblower PSX_TX exposed the risk in a legal assessment of the situation surrounding the previous allotment of $150K to the Terra Rebels group.

The Terra Classic Casino continues to burn LUNC voluntarily.