Terra Luna Classic Community Approves ICA Controller Parameter Proposal
The proposal to enable the ICA Controller parameter in Terra Luna Classic has received unanimous support from the community. The proposal garnered 99.97% of votes in favor, surpassing the pass threshold before the deadline. This proposal aims to set the parameters of the ICA Controller module to “enable” and resolve the inconsistency issue caused by a network glitch.
LUNC and USTC Prices Experience Volatility
Following the launch of the L1TF security upgrade package for voting, prices of Terra Luna Classic’s LUNC and USTC tokens experienced a significant increase. However, both tokens have since declined in value. LUNC’s price fell by 3% in the last 24 hours, currently trading at $0.0000924 with low trading volume. On the other hand, USTC’s price rose by over 3%, currently trading at $0.02374.
Hot Take: Terra Luna Classic Continues to Make Progress
The Terra Luna Classic community’s overwhelming support for the ICA Controller parameter proposal is a positive development for the ecosystem. With validators backing the proposal, it shows a strong consensus among key members. Despite recent price volatility, Terra Luna Classic remains focused on improving its network infrastructure and addressing technical issues to provide a better user experience.
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