A proposal was made to create a USDC liquidity pool on-chain to activate the LUNC/USDC trading pair on the Terra Classic blockchain.
Since there is no stablecoin trading pair on the Terra Classic chain, we conduct our $LUNC trades through exchanges. With the proposal, you will also be able to carry out #LUNC trading transactions on-chain based on the stablecoin price.
This proposal does not exclude $USTC. On the contrary; it contributes to LUNC burns. It aims to increase the burn by conducting $LUNC trading transactions on-chain and to grow the community pool.
The proposal will be presented for the votes of $LUNC validators after being discussed and matured.
You can find all the details through the link below. 👇
https://t.co/YNiLrks1tg
#TerraClassic