USTC staking is no longer just an idea , it's taking shape. 🔥
A technical implementation proposal is now live, covering staking mechanics, reward distribution, validator integration, governance, and more.
If executed successfully, this could become one of the biggest utility upgrades for #USTC and the #LUNC ecosystem. 👀
Hello #LUNCCommunity 👋
We've published the technical implementation proposal for the Terra Classic USTC Staking System.
This proposal outlines the architecture, staking mechanics, reward distribution model, validator integration, governance considerations, and implementation approach required to introduce native USTC staking on Terra Classic.
We invite validators, developers, and community members to review the proposal and provide feedback.
Discourse Discussion:
https://t.co/Vy0iKrsO5r
Hackmd:
https://t.co/cpiU7yJ2Ic
Constructive feedback and technical review are encouraged as we evaluate the feasibility and potential impact of this initiative on the Terra Classic ecosystem.
The wheels are moving.
Core work is progressing (MM2 PR), and next up is the USTC staking system( techn prop soon ;) ). Very soon, Terra Classic will have a full complete on-chain product: native LUNC staking + native USTC staking, swaps(MM2) & ecosytem all working togheter for one goal to be capable of competing with "rival " blockchains .
More utility means more on-chain activity. More activity means more volume.
More volume means more burns.
This is how momentum is built.
LFG.
#LUNC #USTC #TerraClassic #LunaClassic $Lunc $USTC OG #LUNA $LUNA #DeFi https://t.co/9RC6ltAmHW
It's At Breaking Point: the economy and business cycle is showing signs of slowing however the stock market is going higher on fewer stocks. Bitcoin is getting wrecked and credit is tightening.
Watch for today's 18-Year Cycle update 👇
https://t.co/61xxNluv96
Let's be honest.... This sucks. It is so difficult to hold after four years. But keep two things in mind....
(1) Why did you invest in LUNC to begin with?
(2) What will you do when your sell plan is achieved?
So let's look at what's going on.
(A) HTX has posted a photo with LUNC by Bitcoin and about to explode basically every day for the last month.
(B) Many huge influencers are posting about lunc. Could this just be engagement farming? It could be. Do I believe so? Absolutely not. Too much going on behind the scenes to support that theory.
(C) Wallets are insanely active....not huge movements...but many many small movements by way of patterns.
(D) 4af hasn't mass accumulated in several weeks which explains why the price hasn't exploded recently. But that doesn't mean that B isn't grabbing panic sellers. It means that Binance is grabbing enough to make sure the price does not crash even more.
(E) People appear excited about MM2. I'm not a fan of Vegas and strathcole for obvious reasons. But I did say that when this prop officially goes live, my opinion will stay with me because I can't be unbiased with those two.
(F) As Derek noted..... Lunc will start in Korea.... My interpretation is....the East Wind will bring the start up volume.
(G) Derek has zero doubts that lunc will reach at least .032. This guy educates me with his tweets everyday.
(H) The educated are increasing and getting more forceful against the scammers on X. It's about education and if we can change one person's mind a day, then I consider that a successful day.
(I) We are still waiting for Flare to unveil Luncfi.....
(J) Justin Sun has a bag of lunc. If you can find it and show it to me, I'll give you a free question that I will privately answer.
(K) The money is currently all going into the stock market mostly in AI stocks. Rotations are real and it's just a matter of time.
(L) Jake Collis is bullish on lunc....until late this week when he decides he hates it again for the 87th.... NEXT!
I SEE THINGS HAPPENING BEHIND THE SCENES.... IN FACT THERE IS A MAJOR GATHERING IN A CERTAIN PLACE AROUND THE WORLD GOING ON AS WE SPEAK.
This is a four year plus recovery for many reasons. The chain was broken. B needed time to accumulate as much LUNC as possible. The scammers have caused delay after delay. The prior low level devs screwed everything up from upgrades to parity. SOMEONE had to fix these mistakes.....Ugis opened his big mouth which caused massive problems....I can go on and on.
To me.... I love what I'm seeing. I have no doubts. Countries around the world continue to buy crypto for transactions and eventually the USA will pass the CLARITY ACT....if not, another country will step up and get this done.
So hang in there. I know this is insanely hard. But I give you my word that if things change to the negative, I will be the first one to tell you. I'm here to help you achieve your financial freedom. Unlike the scammers, I won't sell you virtual land or sh$t coins that have absolutely no future. I will be up front, honest and transparent. You deserve this and you can always count on me to be there as we move towards our financial dreams together.
$lunc
#GreenpeaceUNITED
Bitcoin just closed at the lowest price since the February bottom, $64,000. Sentiment is extremely fearful today and for the last several days as price has decline over 20% since the May top.
The bulls said we'd never revisit this price yet here we are. Everyone wins.
@Eljaboom 4 years ago BTC bottom was November, FTX crash, could be looking at similar time frames, BTC went low after #LUNA crash bit went lower for FTX
Station supports 35+ chains, so your crypto doesn’t stay trapped in one ecosystem.
Swap ETH into LUNC.
Move funds cross-chain.
Hold BTC, ETH, SOL, LUNC and more.
Bridge, swap, stake, and manage it all through a simple chat interface.
One wallet. 35+ chains. Fully agentic.
I am seeing some Bitcoin bulls beginning to pivot to "just a few more months then we'll be right".
I'd say we are getting closer to the cycle low but not there yet. Still need more perma bulls to capitulate.
@HTX_Global terra-luna:native no question! @HTX_Global you should make a validator on the Terra Luna Classic blockchain and offer staking for your users. 🤝