Proposal Summary 🚨🚨🚨🚨🚨🚨🚨🚨🚨

Lunc Dash

This proposal seeks to reclassify TerraUSD (USTC) from an algorithmic stablecoin to a memecoin, renaming it Universal Standard Token Classic (USTC). This change aligns with its speculative market behavior, avoids regulatory risks, and prevents exchange delistings that could destabilize Terra Classic’s economy.

Key Reasons

• USTC is no longer a stablecoin since its 2022 collapse.

• Regulatory risks (e.g., MiCA) could lead to delistings, starting with Binance for EEA users by March 31, 2025.

• Memecoin status removes compliance barriers, ensuring continued exchange listings and ecosystem stability.

Proposed Changes

1. Rename TerraUSD → Universal Standard Token Classic (USTC).

2. Reclassify from stablecoin to memecoin to align with reality and bypass regulations.

3. Maintain ticker (USTC) for brand recognition.

Implementation Plan

• Governance Proposal for approval.

• Request CMC & CoinGecko to update classification.

• Engage Binance & other exchanges to prevent delisting.

Conclusion

Rebranding USTC as a memecoin safeguards exchange listings, protecting liquidity, trading volume, and Terra Classic’s economy.#LUNC✅ #TerraLunaClassic