Over the past 24 hours, a significant volume of USTC coins have been burned on the Terra Classic blockchain, reaching a total of 97,876 coins destroyed.
USTC Repeg Debate Intensifies
🔔 The topic of repeg is at the heart of discussions regarding the USTC. Currently, the goal is to bring the USTC back to a parity of $1, but several suggestions are under discussion. Some proposals aim to temporarily fix the USTC at $0.01 or $0.02, with a gradual increase towards the final target of $1.
⚠️ Implications for futures contracts
In such a scenario, USTC futures contracts could be closed, emphasizing that their current activity serves a specific purpose.
Next steps
If a proposal on this topic is put to a vote on the Terra Classic channel, the TerraHaberTR and GoldenRush groups have announced that they will vote "YES". A similar suggestion has already been put forward by Vegas.
#TerraClassic #LUNC #币安Alpha公布第6批项目代币 $LUNC $USTC
