In the two votes that were opened on the Terra Classic chain, the "No" votes were in the majority. The proposal to convert USTC into a memecoin was met with a sharp reaction from $LUNC validators. We believe that the goal of the proposers of this suggestion is manipulation.
There was another proposal to create sub-governance groups. The "No" votes also prevailed in the vote on this proposal.
We believe that this proposal has been misinterpreted. There is a dangerous bloc emerging on the Terra Classic chain.
Validators are divided in their thoughts, and this division will intensify in the future. We see that differences of opinion are important in a decentralized environment, but differences of opinion should not turn into discussions...
#Altcoin_Season# #TerraClassic #Bullish