🚨🚨 Terra Luna Classic Community Approves Major Proposal for Listings and Future Development 🚨🚨
The Terra Luna Classic community has successfully passed Proposal 12141, titled “Dealing with CoinMarketCap and other listings,” aimed at ensuring continuous access to TerraClassic listings on major crypto platforms like CoinMarketCap. Despite TerraForm Labs (TFL) filing for bankruptcy, they currently hold the sole access to these critical platforms that provide visibility for the token. Validators such as Interstellar Lounge and Community First have thrown their support behind the initiative. In the meantime, Allnodes, a prominent validator service, has offered to manage these access rights temporarily until a permanent solution is implemented.
In parallel, OrbitLabs has submitted a new proposal to streamline the Terra Classic codebase by removing forked modules. This move is expected to reduce maintenance expenses and bring Terra Classic closer to its original network structure. With TFL facing financial challenges following the collapse of UST and LUNA, there is potential for the closure of key projects like Alliance Hub and Mantlemint.
At the moment, TerraClassic ($LUNC) is trading at $0.00009238, reflecting a 0.99% gain in the past 24 hours.
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