In light of the recent passed proposal, we have to announce that we won't launch #GalacticShift#TCG on #TerraClassic mainnet until tax is lower again or removed. In the meantime we are looking for alternative launch chains. Thank you for your understanding.
Burrito Swap fees now give back to the Terra ecosystem.
For supported LUNC, USTC and LUNA fees:
5% is burned
5% goes to the Community Pool
5% supports the Oracle Pool on Terra Classic or staking rewards on Terra
On-chain. Transparent. Built for the community.
#LUNC#LUNA #TerraClassic #Terra https://t.co/8LZwiw6MN0
🚨 Big development for the #LUNC ecosystem.
@daolunaclassic taking over the USTC staking protocol + Market Module (MM2) integration means more community-driven development building on the OrbitLabs foundation.
🛠️🔥
LUNC isn't done. The next chapter is being built now. 🌕
#LUNC #USTC #TerraClassic
terra-luna:native army the @daolunaclassic will assume ownership and execution of the USTC staking protocol development and the Market Module (MM2) integration, building directly on the OrbitLabs technical foundation.
We look forward to serving the #LUNC community, stay tuned for more! 💎🤲🏻
WE DID IT.
LUNC & USTC deposits and withdrawals are now LIVE on WEEX.
This is one of the biggest Terra Classic developments of the year and it's only the beginning.
Now I want to hear from the community:
- Weekly, bi-weekly, or monthly burns?
- How should validators be involved?
- What campaigns should WEEX and Terra build together? Your voice matters!
Join us on WEEX: https://t.co/tJGibpJhLy
#LUNC #USTC #TerraClassic
As people ask, here a status update on the MM2.0 for #TerraClassic:
The PR is open here since end of May:
https://t.co/buhLJ28xoR
There were open review comments from copilot (AI) and hoank (@orbit__labs). They were now all addressed and all CI tests are green.
So what's left is for someone to:
- thorough review
- coordinate testnet deployment
As I said I would assist with the latter, but I can't review my own work. Well, I could, but … would be kind of pointless, right? And I could also deploy on testnet without further review, but again … that would be kind of not the way to do things.
As @daolunaclassic stepped up taking on the work, I'm happy to address comments that would come up in a review of the work done.
https://t.co/i09n79imU9
Cheers.
Following the @orbit__labs update:
LunaClassicDAO will assume full ownership and execution of the USTC Staking protocol development, as well as Market Module (MM2) integration, building directly on the OrbitLabs technical foundation.
In the next couple of days we will publish a formal proposal on Agora for community discussion and feedback.
#LUNC #USTC #TerraClassic #Staking
The Future is #OnChain
Hello #LUNCCommunity
A quick update on the USTC staking proposal.
Orbit Labs won't be taking on the implementation — sorry for the back and forth on this one.
Most of the work left here is spec and economic design: reward curves, APR targets, parameter policy. That's a different problem from what we're built for.
Our focus stays technical: chain improvements, security patches, SDK upgrades, release engineering and docs, CEX and validator coordination. That's the direction we're heading.
The design itself is sound and the community voted for it. We're stepping aside so a team better suited to the economic side can carry it forward, and we're happy to advise on the chain-side integration.
Ups, Binance is cutting LUNC ’s collateral ratio from 30% to 10%.
Some still believe Terra Classic should do nothing and simply wait for a “miracle plan” from Binance. That plan clearly does not exist.
Today it is 10%. Next it could be 0%,or even a total delisting.
Doing nothing is obviously not working. It is time to stop the anti-progress agenda, endless drama, and attacks on anyone trying to build. Start innovating, create real utility on Layer 1, and give exchanges a reason to continue supporting , yo can die trying to rebuild,or die doing nothing. Your choice....
After more than four years in the Terra Classic community, I’ve seen everything in between.
I support Vegas and I strongly supported the 1.2% burn tax from Day One.
If you still think Vegas is a scammer after everything he’s done for Terra Classic over the past four years, then I honestly don’t know what to tell you.
I don’t know whether Binance has a “secret plan.” But Binance’s continued support for LUNC and the size of its LUNC holdings are among the main reasons I still believe in this ecosystem today.
We voted 'yes' to expansion via gov prop 12222
Congratulations @igorsoares62 on your proposal being passed and thank you for the immense voluntary contributions put into this. ❤️
Now get this cross chain utility secure, activated, and get SOLANA based projects bringing volume to Terra Classic, DEX's and other projects. 📈
The more volume there is on LUNC the more demand, sustainability and burns there are. 🔥💰
#MALUGA - good luck.
https://t.co/9ewCeMpca8