12209

$LUNC 🌐 Current Terra Classic (LUNC) Governance Proposals – What You Need to Know
Hey LUNC community! 👋
I want to share the latest updates on ongoing and recent governance proposals in the Terra Classic ecosystem and how they impact LUNC and the network’s development. If you’re following the project, it’s important to understand these, as community decisions directly shape the future of the token.
🗳️ Key Proposals and Their Significance
1️⃣ #12209 – Forex Genesis + EUTC Repeg ✅
Status: Approved
Goal: Introduce a new EUTC (Forex Collateralized) stablecoin model and a repeg mechanism.
Impact: Arguably the most important proposal recently. It helps rebuild Terra Classic’s economic fundamentals and increases LUNC’s utility in DeFi. Shows that the community is committed to the ecosystem’s growth.
2️⃣ Technical Fixes – “Fix Legacy Contracts & Upgrades”
Goal: Repair old contracts and maintain network stability.
Impact: Improves security and network reliability. While it doesn’t trigger immediate price spikes, it builds long-term investor and user confidence.
3️⃣ Hyperlane Integration – Multichain Connectivity
Goal: Enable LUNC and USTC cross-chain asset transfers (Ethereum, BSC, Solana).
Impact: Increases token utility and potential liquidity. Positive for price if integration is successfully implemented.
4️⃣ Recovery of Misappropriated Funds
Goal: Return mistakenly sent or stolen funds to the community pool.
Impact: Neutral to slightly positive. Recovered funds could support network development or token burn mechanisms.
5️⃣ Community / Organizational Proposals
Example: Establishing Agora as the official governance forum.
Impact: Long-term benefit. Improves transparency and organization but does not directly affect LUNC price.
🔧 What Already Happened
The recent v3.6.1 upgrade was approved by the community (>99% “Yes”).
The network is now more stable, secure, and compatible with DeFi tools and other blockchains.
📊 Summary of Impact on LUNC
Potential Impact on LUNC
Proposal
#12209

🔥 $LUNC TO $1? Všechny systémy jsou připraveny! 💎🚀
Návrh číslo #12209 byl schválen auditorem @Luncliveorg — Lons Forex Genesis + opětovné připojení EUTC.
Klasický systém Terra Luna pokračuje v prosperitě 💥 Každé spalování, upgrade a krok k přijetí podporuje cestu k $1.
💰 Nepropásněte cestu — $LUNC třeje$LUNC

🚨 Victory for $LUNC community 🎉

Proposal #12209 “Lunc Forex Genesis + EUTC Repeg” has officially PASSED

Euro-pegged stablecoin EUTC coming: collateralized module, zero fees at launch, more utility & potential burns for the chain!

Big step forward after the upgrade 💪