New Update for Terra Classic (LUNC) Launched: What Will Change?

Recommendation 6082 is now Terra Classic (LUNC) officially implemented on the blockchain. The proposal received 99% of the votes in favour.

Increased Amount of Investment Required to Submit Proposal in Terra Classic (LUNC) Management

Proposal 6082 will require users to deposit 500,000 LUNC (approximately $125 at current rates) to submit a recommendation and 1,000,000 LUNC (approximately $250 at current rates) to initiate voting.

It’s worth noting that the requirements have historically been set to 0 LUNC and 345,000 LUNC, respectively.

Terra Luna Classic (LUNC) influencer Classy Crypto has announced that it has launched a new proposal, with the support of LUNC main developer Edward Kim, to protect the community from fake suggestions used by scammers to steal user funds.

In a tweet yesterday, Classy Crypto, expressing his intention to operate a LUNC validator in the future, stated that he sees the proposal as his first contribution to the LUNC ecosystem. Influencer expressing their motivation, cryptocurrency He stressed that he received many DMs from members of his community telling stories of losing thousands of dollars due to scam offers.

It should also be noted that the proposal is supported by Terra Rebels, who described it as a step in the right direction:

“We support raising the minimum LUNC requirement for proposals to be submitted. Given the amount of fraudulent recommendations submitted to Terra Station, we believe this is a step in the right direction.”

Also, reXx from Terra Rebels drew further attention to the suggestion by highlighting tweets from a user who lost their LUNC assets because they clicked on a link to a scam suggestion on Terra Station.

It is anticipated that such developments will improve the old image of LUNA and have a positive effect on the price.

*Not investment advice.