TERRA CLASSIC'S COORDINATED RESCUE MECHANISM
The Terra Classic community is implementing a multi-step structured rescue plan not just for $LUNC and $USTC but also for a 'fix':
Stage 1: Building the foundations
• Upgrading to Cosmos SDK and integrating DeFi protocols like Juris, Selenium (fork cleaning through Orbit Labs is also included)
• Supply management with USTC staking, developing secure oracles and Market Preparation Module
Stage 2: Restoring balance and liquidity
• New DeFi projects (Terraport, Selenium, Garuda DEX, TerraCasino) are bringing volume to the chain.
• Dynamic price stabilization mechanisms for USTC: CMM (Collateral Market Maker) has been introduced alongside EUTC modules.
Stage 3: Return of capital
• Risky investors are showing interest; institutional observation is strengthening with real usage details on-chain.
• Significant token burn plans with Binance and validator support, including ≤1.8 billion USTC, are coming into effect.
Stage 4: Acceleration of burns
• Automatic deductions linked to activities (0.5% transaction tax) and continuous burn mechanisms are active.
• Passive USTC/LUNC assets in TFL and LFG reserves are systematically burned (a total of 200 million LUNC, 1.7 billion USTC).