Terra Luna Classic The (LUNC) community has accepted an important parameter change proposal. The change aims to increase adoption by enabling new projects to be built on the network.
Recommendation 11477 “Increase MaxContractSize to load code” submitted by TerraP*ker to increase the Cosmos Wasm MaxContractSize key from 614400 to 819200 has been accepted. This will allow the protocol to upload its contract to the chain and contribute to the LUNC burn campaign.
TerraP*ker thanked the community for supporting the project to be launched in the Terra Classic chain with a tweet on April 24. The project will soon provide LUNC to the game in question and promises to burn 10% of the commission fees collected.
Although the proposal was accepted, the rates were divided as 60% accepted, 31% no and 8% abstained. While the rate was not very high, it passed with the support of major validators such as Allnodes, LUNC DAO, TerraCVita, Interstake and JESUSisLORD.
Koinfinans.com As we reported, validator Allnodes supported Terra Rebels developer group’s controversial proposal, 11479, and accepted an offer to fund $37,593 worth of LUNC tokens to run Rebel Station Infrastructure for 3 months.
LUNC Burns Continue at Full Throttle
Cremation Coin projects such as LUNC are already contributing to their major burns, with a total net LUNC burn of over 344 million. Another project called GenesisX50 burned 11,799,000 LUNC in a single transaction. The project has now burned a total of 13 million tokens as part of its native GSX50 token burns.
Additionally, the LUNC DAO burned 1.44 million tokens as part of its weekly burn plan. In total, the validator burned more than 457 million tokens.
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