$LUNC
๐ What is happening in Terra Classic?
What we are witnessing is no longer just โimprovementsโโฆ but the engineering of a new internal financial system that integrates:
๐ธ USTC as a stability and price component
๐ธ LUNC as the governance and rewards token
The entity or alliance behind these moves is following a multi-level plan:
โช๏ธ Launching a USTC Staking system to absorb supply
โช๏ธ Enforcing the operation of price feeders by validators to ensure accurate price data flow
โช๏ธ Supporting the Market Module 2 system, which appears to be a precursor to re-pegging USTC to a stable price (Repeg)โฆ but using a non-traditional reserve approach
๐ง The role of LUNC here is crucial:
โข Staking LUNC becomes more profitable if the USTC price rises
โข This could lead to more LUNC being locked up, thereby reducing its circulating supply
๐ The result: a gradual decrease in the circulating supply of both tokensโฆ with a potential increase in their value.
๐งฉ All these moves clearly indicate that a new alliance of validators and major investors is quietly reshaping Terra Classicโฆ away from the spotlight.
