Recent Community Decisions Shape Terra Luna Future
– Proposal 11658, presented by Vegas, has been approved with a 70.27% vote.
– Vegas advocates for the reintegration of 800 million USTC into the Terra Luna Classic community pool.
– Proposal 11660, calling for the incineration of the 800 million tokens, has gained 82.55% support.
– Even if Proposal 11658 is ratified, Proposal 11660 will take precedence due to its higher vote count.
– Another proposal suggests burning 80% of the funds and allocating the remaining 20% to the community pool, but only 46% of the community agrees.
Staking Confidence Wanes As LUNC Faces Price Challenges
– There has been a decrease in the percentage of LUNC staked in the past 24 hours.
– This indicates a diminished level of trust and confidence in the token’s performance.
– The staking ratio currently stands at 14.92%, reflecting the level of community engagement.
– LUNC is valued at $0.000077, with a 1.3% reduction in price and a 2.7% decline over the past seven days.
– These figures highlight the challenges LUNC faces in the market and their potential impact on investor sentiment.