Terra Classic (LUNC) up 13% as UST repeg proposal gets green light LUNCcommunity LUNCArmy
The original UST stablecoin lost its peg to the dollar in May 2022, pulling down the Terra ecosystem. Subsequently, a new Terra chain was born, named Terra , while the old chain was rebranded Terra Classic with tokens LUNC and USTC.The UST stablecoin has been rebranded as USTC, and the new chain is devoid of the stablecoin. With billions of dollars in losses, the Terra Classic community has been working hard to mend the broken pieces of its former ecosystem.
The signal proposal's passing might be a significant milestone for the blockchain, hence the LUNC price reaction. In other positive news for the Terra Classic chain, the update for Terra Classic V1.0.5 has been released. Full nodes would be able to switch to the update at block height 11,543,150, which will occur on approximately Feb. 14, 2023.As reported earlier, crypto exchange Binance announced changes, saying it would be burning 50% of the LUNC spot and margin trading fees instead of 100%.
The seventh batch of LUNC trading fees to be burned will be calculated from Nov. 30 to Feb. 27, 2023, and will be burned on March 1, 2023.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Be on the lookout: Rickey Airth Jr., 35, last heard from Jan. 13, investigators sayRickey Airth Jr. was last heard from on Jan. 13 when he told family members he would be going to an adult club, Colorado Bureau of Investigation officials said in a release. Data from his cell phon…
Read more »
Virginia high school girls basketball coach fired after impersonating player, 13, during game: reportsArlisha Boykins, 22, was an assistant coach on the JV girl's basketball team at Churchland High School in the Portsmouth Public Schools district.
Read more »
The Lucky 13 Biggest Sales from the Scottsdale AuctionsThe 1 seller was a surprise, but then, so was 2.
Read more »
DC man charged in shooting death of 13-year-old | CNNA Washington, DC man has been charged with shooting and killing a 13-year-old boy while he said he was investigating noises outside his home.
Read more »
CBI issues alert for missing man last seen Jan. 13MISSING: The Colorado Bureau of Investigation (CBI) has issued a Missing Endangered Alert for a man who was last seen Jan. 13.
Read more »
Coronavirus: L.A. County reported 1,625 more cases and 13 more deaths, Feb. 2Los Angeles County public health officials reported 1,625 more cases of the coronavirus since Tuesday, bringing the total number of cases to 3,677,849 as of Wednesday, Feb. 1. Officials reported 13…
Read more »