The proposal for a stablecoin USTD on the Terra Classic network has been rejected. The validators of $LUNC rejected the proposal.
The USTD required a community pool of over US$ 200,000. Therefore, the proposal was rejected.
The Terra Classic community cannot afford to take risks. Those willing to take risks may develop on a different blockchain. The last-minute vote by Allnodes to reject the proposal also emerged as a significant detail.
