Community Approves Proposal for New Commonwealth Forum
The Terra Luna Classic community has passed Proposal 11947, which aims to create an official community-led Commonwealth platform. This proposal received strong support from the community, with 79% of the votes in favor of it. Out of the 60 validators who participated in the voting, 35 voted in favor of the proposal. Notable validators such as Allnodes, Interstallar Lounge, and TerraCVita also supported the proposal.
This decision was driven by the inadequacies of the existing third-party platform, which has seen cases of racism, doxxing, harassment, and poor moderation. The community recognized the urgent need for improvement and decided to establish an official forum for unbiased moderation and consistency.
Terra Luna Classic Tokens Under Pressure
Terra Luna Classic tokens are currently facing selling pressure and have been giving up their recent gains. After a rally in LUNC and USTC prices led by Binance in early December, these tokens are now experiencing a downward trend. However, if there is an upside momentum in the broader crypto market, we can expect a recovery in LUNC and USTC prices.
In the past 24 hours, LUNC price has fallen by 4% and is currently trading at $0.000148. The trading volume has increased by 18% during this period. Similarly, USTC price is down by 4% and is trading at $0.0335.
Hot Take: Terra Luna Classic Community Approves New Commonwealth Platform
The Terra Luna Classic community has taken a significant step forward by approving Proposal 11947 for a new community-led Commonwealth platform. This decision reflects the community’s desire for unbiased moderation and consistency in their discussions. By establishing an official forum, the community aims to address the inadequacies of the existing platform and create a better environment for all participants.
Although Terra Luna Classic tokens are currently facing selling pressure, the approval of this proposal shows the community’s commitment to improving their ecosystem. As the broader crypto market experiences potential upside momentum, we may see a recovery in LUNC and USTC prices. This decision marks an important milestone for the Terra Luna Classic community and sets the stage for future developments in their governance and ecosystem.
By
By
By
By
By
By