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Terra Classic (LUNC) Banks on New Staking

  • As part of the Terra Classic V22 network update, the caching function has become active.
  • Within 24 hours after the update, more than 1% of the LUNC supply was stocked.

Unlike the previous negative press, this time around the headlines TERRA CLASSIC (LUNC) It’s all positive. The network only recently started allowing LUNC to be installed, but there seems to be a lot of interest. Positive development on the road to rehabilitation.

In an effort to get the Terra Classic network back up and running, the team behind it has been working tirelessly. The staKa job Infrastructure is one of the most eagerly awaited network features. The latest data shows that the spooling facility has been successfully implemented. It’s great news and evidence of the network’s consistent community support.

Aiming to reduce the token in circulation

As part of the Terra Classic V22 network update, the caching function has become active. Within 24 hours after the update, more than 1% of the LUNC supplies were in stock, according to recent sources. This result shows that confidence in the endeavor remains high.

The developers and community organizers who have worked on Terra Luna Classic since its inception have formed LUNC DAO. LUNC DAO team members have created many innovative Dapps in the LUNC ecosystem, such as prism protocolThe total value of the tradable bid (TVL) is $150 million.

The community had been calling for LUNC to start burning for a while before the coin fell, and a proposal to do so was made a few months ago. The goal is to reduce the total number of Terra Luna Classic coins in circulation in order to increase their value again.

It is used to obtain new LUNC tokens, which are subsequently destroyed. The goal is to reduce the total quantity traded using this method. The value of the token will increase because of this.

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#Terra #Classic #LUNC #Banks #Staking

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