Technology
Terra Classic To Re-Open IBC Channels – Crypto News
LUNC News Live Updates (December 5): The Terra Classic community has passed Proposal 10983 despite many raising concerns that it may cause Binance to revoke its LUNC burn mechanism. Binance recently burned almost 6.3 billion LUNC tokens on December 1st.
December is going to be crucial for Terra Classic amid new proposals and developments. The community looks for “LUNC at $1.”
live
2022-12-05T17:33:50+5:30
Terra Classic Price Soars Over 12% In A Week
Terra Classic price is trading at $0.000176. The price has soared nearly 2% in the last 24 hours and over 12% in a week. The community aims for $1, but influencers believe $0.001 is possible.
2022-12-05T17:31:10+5:30
IBC Channels To Cosmos Will Re-Open On December 6
Inter-Blockchain Communication (IBC) channel between Cosmos and Terra Classic to re-open on December. Initially, the opening date was estimated to be December 5.
2022-12-05T17:16:46+5:30
LUNC Community Passes Proposal 10983
Proposition 10983 has now passed by the Terra Classic community, with over 72% voting “YES” in the controversial proposal. The proposal will increase community pool funding to 50% and risks Binance to end its burn mechanism.
disclaimer
The content presented may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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