🔧 Frag Developer Compensation: Supporting Fairness and Community-Driven Progress
In a move that highlights appreciation for developer efforts and strengthens trust within the Terra Classic community, Proposal #12169 passed with 75.31% approval, confirming compensation for developer Frag for his work on smart contract auditing and development related to Proposals 12165 and 12166.
📋 Compensation Breakdown
💶 Total amount: €1,420 (to be paid in $LUNC at the time of proposal execution).
€900 – Smart Contract Audit:
🛡️ Frag provided a thorough audit of the contracts to ensure they were secure and free of vulnerabilities.
✅ This work was initially expected to be covered within the proposals' budgets but was overlooked.
💡 The requested amount is well below typical market rates, ranging from $2,000 to $10,000.
€520 – Smart Contract Development:
🧠 Frag developed the vesting mechanism to manage payment distribution securely and transparently.
🧾 The amount reflects the actual hours worked based on standard market rates.
🎯 Why This Matters
🔹 Fairness & Transparency: Compensating Frag reinforces the community’s values of fairness and accountability.
🔹 Encouraging Developers: It conveys that accurate contributions won’t go unrecognized.
🔹 Strengthening Trust: A “yes” vote showed the importance of quality development to the ecosystem.
📌 Final Thoughts
Frag’s work played a crucial role in enhancing the safety and governance of the network.
This compensation isn’t just about payment—it’s a symbol of trust and appreciation and a message to all future builders that the Terra Classic community values those who help it grow.
⚠ Disclaimer: This article is not financial advice. Always do your research before making any investment decisions.
$LUNC has seen significant volatility recently, raising questions about its future. This analysis covers price trends, key factors, and upcoming expectations.
⸻
📊 Price & Performance
🔹 LUNC is currently trading at $0.00005957, with ongoing fluctuations. 🔹 Strong support: $0.000055 – a level where price has bounced multiple times. 🔹 Next resistance: $0.000065 – breaking it could trigger upward momentum. 🔹 Trading volume: Indicates sustained interest, but liquidity remains weak.
⸻
🔥 Recent Developments
💠 Ongoing burns – reducing supply, potentially supporting long-term price growth. 💠 Network improvements – enhancing performance and user adoption. 💠 Regulatory impact – certain policies could affect market liquidity.
⸻
🔹 Influencing Factors
📉 Market sentiment: Affected by central bank policies and rising interest rates. 🔄 Bitcoin impact: $LUNC often follows the broader market trend. 🔥 Whales & burns: Reducing supply may support price appreciation over time.
⸻
🔮 Outlook
📈 Bullish scenario: Community support and increased burns could drive gradual recovery. 📉 Bearish scenario: A continued downtrend may lead to support level retests. 📊 Strategies: Gradual accumulation (DCA) could be a viable approach.
⸻
⚠ Conclusion
LUNC is in a natural phase of volatility. While burns and technical upgrades support growth, the market remains uncertain.
⚠ Disclaimer: This is not financial advice. Do your own research before making investment decisions.
$LUNC Reduces Inflation Rate to 0%: A Step Towards Stability
In a new move to enhance network stability, a proposal to reduce the inflation rate to 0% within the $LUNC ecosystem has been approved. This decision reflects the community’s commitment to controlling supply and fostering a more sustainable economic environment, potentially supporting the ongoing LUNC burn mechanism and reducing total supply over time.
🔥 What Does This Change Mean?
✅ Reduce inflation: No new tokens will be minted, helping stabilize $LUNC ’s value. ✅ Increase demand: With no additional supply, demand for LUNC may gradually grow. ✅ Support burns: By reducing available supply, LUNC burns become more effective in the long run.
📈 Will This Affect $LUNC ’s Price?
Reducing inflation could have a positive impact, as a limited supply might lead to price appreciation over time. With continuous burning, this change could contribute to LUNC moving toward the community’s long-term goals. However, the market remains volatile, and price movements depend on factors such as trading volume and overall demand.
🔍 Conclusion
This decision highlights the $LUNC community’s commitment to network development and economic stability. However, investors should remain aware of the risks and stay updated on project developments before making financial decisions.
⚠ This is not financial advice. Please conduct your own research before making any investment decisions.
$LUNC Expands Validator Set to 40: A Step Towards Decentralization
In a positive development for the $LUNC ecosystem, a proposal to increase the number of validators from 30 to 40 has been approved. This update enhances the network’s security and decentralization, contributing to a more stable and robust system.
What Does This Change Mean?
This update aims to: ✅ Enhance decentralization: More validators mean a wider distribution of power, reducing risks of centralization. ✅ Improve security: A larger validator set makes the network more resilient to attacks and exploitation. ✅ Support ecosystem growth: Expanding the validator set may attract more participants and developers to $LUNC .
Will This Affect $LUNC ’s Price?
While this decision is a positive technical step, its price impact depends on how the market and investors react. Increased confidence in $LUNC ’s security and decentralization may drive interest in the project, but the market remains volatile and influenced by external factors.
Conclusion
This update demonstrates the $LUNC community’s commitment to improving the network and enhancing its stability. However, investors should remain aware of the risks and stay updated on project developments before making any financial decisions.
⚠ This is not financial advice. Please conduct your own research before making any investment decisions.