Consultation with the legal firm today in relation to a DEFI stablecoin product that we are working on went extremely well today, much better than expected. We got confirmation that the product sits outside the scope of MICA and Genius with only minute changes needed to the WP and 0 changes to the overall structure.
This product gives us a solid USP, generates profit, burns both LUNC and USTC and has a solid chance of helping re-establish Terra Classic as a DEFI heavyweight again, especially with Protocols like Juris and Selenium coming onstream.
Forming/Tendering for development team currently so you can expect the WP to drop very soon.
#LUNC #USTC #JURIS $LUNC $USTC $JURIS