Terra Classic Takes Action to Combat Spam Proposals
Terra Classic (LUNC) has implemented a groundbreaking proposal to address the issue of spam proposals flooding its blockchain. The project aims to restore order and efficiency to its ecosystem by making significant changes. One key change is the substantial increase in the minimum deposit required to submit proposals, from 1 million LUNC to 5 million LUNC. This increase is expected to deter frivolous and spammy proposals.
Terra Classic Raises the Bar
The Terra Classic community has shown overwhelming support for the proposal, with over 90% of votes in favor of the change. The voting period concludes on September 16, and the community awaits the final verdict. It is worth noting that Terra Classic has received continuous support from Binance, the world’s largest cryptocurrency exchange. This support demonstrates Terra Classic’s commitment to innovation in the blockchain space.
Binance’s Backing Fuels Terra Classic’s Promise
Binance has shown unwavering support for Terra Classic’s latest update, Proposal 11242. This proposal, which addresses crucial aspects of Terra Classic’s evolution, prevents the new minting of burned LUNC tokens. With Binance’s support and Terra Classic’s dedication to enhancing its ecosystem, the project is positioned for a bright future.
Hot Take: Terra Classic Strives for a Secure and Efficient Blockchain
Terra Classic is taking decisive action to tackle spam proposals and restore order to its blockchain. By increasing the minimum deposit required for proposals and receiving strong community support, Terra Classic is on track to combat spam effectively. The project’s continuous evolution and backing from Binance highlight its commitment to innovation. Despite recent price fluctuations, Terra Classic remains focused on creating a secure and efficient blockchain ecosystem. These developments are expected to solidify its position in the cryptocurrency landscape.
By
By
By