The Terra Classic community has voted to pass Proposal 11242 and Proposal 11243 to increase the LUNC destruction rate. These two proposals aim to prevent the re-minting of Terra Classic (LUNC) tokens by setting the seigniorage reward policy to zero and increasing Gas by 5 times to fund the community pool. Specifically, Proposal 11242 will set the seigniorage reward policy to zero, effectively preventing LUNC from being re-minted from destruction. The proposal has received 95.98% of the community's votes in favor; Proposal 11243 will increase Gas fees by 5 times, and 50% of transaction fees will go into the community fund pool for developer funds. The proposal received 90% of the votes in favor and 11% against. (CoinGape)