2024

Terra

Coin

<ul class="news-points"> 
 <li>Terra Luna Classic has upgraded its minimum deposit requirement for new proposals.</li> 
 <li>The Terra Luna Classic community’s minimum initial deposit is now set at 1M LUNC.</li> 
 <li>LUNC rallied 10% following the new minimum initial deposit approval.</li> 
</ul> 
<a href="https://coinedition.com/tag/terra-luna-classic-lunc/" target="_blank" rel="noreferrer noopener">Terra Luna Classic</a> has upgraded the minimum deposit requirement for new proposals in its ecosystem. At the end of a voting process, the Terra Luna community voted in favor of Proposal 12071, titled “Set the Minimum Initial Deposit to 1M LUNC.” 
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 <a href="https://twitter.com/hashtag/LUNC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#LUNC</a> Proposal 12071 Set the Minimum Initial Deposit to 1M LUNC Luna Classic Labs votes – YES Comment: "Deposit" is a place in the Governance system that is full of spam. For that reason, I don't go there at all and I don't pay any attention to proposals in the deposit phase. I… <a href="https://t.co/Z0ALyLPgpa" target="_blank" rel="nofollow">pic.twitter.com/Z0ALyLPgpa</a>— 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9e0.png" alt="🧠" class="wp-smiley" style="height: 1em; max-height: 1em;"> LunaClassicLabs.com – 0% Fee LUNC Validator (@LunaClassicLabs) <a href="https://twitter.com/LunaClassicLabs/status/1760233586865631571?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">February 21, 2024</a>
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Following the proposal’s description, it aims to clean up the project’s governance system, targeting spam reduction and enhancing proposal quality. A Terra Luna community member commented that “Deposit” is a place in the governance system full of spam. Hence, he no longer goes there nor pays att…
The post <a href="https://coinedition.com/lunc-price-jumps-following-governance-upgrade-to-clean-up-ecosystem/">LUNC Price Jumps Following Governance Upgrade To Clean Up Ecosystem</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

LUNC Price Jumps Following Governance Upgrade To Clean Up Ecosystem

Coin Edition

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