🔥LUNC🔥
As of March 20, 2025, Terra Luna Classic (LUNC) is trading at approximately $0.00006527.
Recently, the LUNC community has been engaged in a governance proposal to reclassify TerraClassicUSD (USTC) from a stablecoin to a Universal Standard Token or meme coin. This proposal acknowledges that USTC has not functioned as a stablecoin since 2022 and aims to reflect its current market behavior more accurately. The reclassification could help maintain exchange listings and navigate regulatory considerations.
Additionally, there's an ongoing proposal to establish a Sub DAO within the Terra Luna Classic ecosystem. This initiative seeks to decentralize decision-making and enable a specialized team to respond promptly to emergencies without awaiting full governance approval. However, the proposal has faced criticism from some community members who are concerned about potential centralization of power and deviation from the network's decentralized principles.
These developments have sparked active discussions within the community, reflecting diverse perspectives on the future direction of the Terra Luna Classic ecosystem.#LUNC✅ #LUNAUpdate $ETH $LUNC
