Terra Luna Classic Major Upgrade Proposal Passed, LUNC To Extend 42% Rally
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Terra Luna Classic upgrade proposal received unanimous support in governance voting from validators. Will LUNC continue further rally?
HIGHLIGHTS
The v3.1.3 upgrade proposal is approved by the Terra Luna Classic community.
The upgrade will bring a major boost to staking and LUNC price.
LUNC and USTC prices are likely to gain after upgrade, continuing last week's rally.
Terra Luna Classic community unanimously passed a major upgrade proposal to revise burn tax distribution. The upgrade will implement Oracle Split logic to divert community pool rewards from burn tax to the Oracle Pool (OP) and terrad client will reroute short-term rewards to long-term rewards. The upgrade will bring a major boost to staking and LUNC price.
