The increase in the $LUNC and $USTC tax burn rate to 1.5% on the Terra Classic chain has had a positive short-term impact. The community pool and Oracle pool are strengthening. The LUNC APR rate has also started to increase after a long time. The Terra Classic chain is progressing towards becoming a self-sufficient and stable chain. Perhaps the tax burn rates should have been increased much earlier.
There are also comments from developers suggesting this. This new situation could revitalize the chain. USTC Staking and MM2 will be implemented in the coming period.
JUST IN: 🇷🇺 Russian president has officially signed Russia’s first comprehensive law regulating cryptocurrency.
Japan has already moved.
And now is Russia.
American lawmakers are still contradicting with the CLARITY Act.
Every delay hands sovereignty to your rivals.