Terraย (LUNA) Luna Classic Community Takes Action Against Spam Proposals
A new proposition, known as Proposition 11780, has been put up for voting in the Terraย (LUNA) Luna Classic community. This proposition intendsย to combat spam proposals by increasing the minimum deposit amount from 1 Million LUNC to 5 Million LUNC. The goal is to make it more difficult for scam proposals to pass the deposit stage and to prevent irrelevant proposals from being voted on. Validators have noticed an increase in spam proposals and agree that theย present minimum deposit amount is no longer effective in discouraging them. Nonetheless, thereย is some opposition to the proposition, with concerns that it may negatively impact regular community members. The voting results asย ofย now show 34% in favor, 64% against, and 2% with veto votes.
LUNC and Terraย (LUNA) Gain Strength Ahead of Core Upgrade
The Terraย (LUNA) Luna Classic community has seen a wholeย lotย of increase in trading volumes for both LUNC and LUNA. This comes as the community passes key proposals and prepares for the v2.2.1 core upgrade. Terraย (LUNA) has gained over 5% in the lastย week, while LUNC has shown upside momentum leading up to the upgrade. Theย present price of LUNC is $0.000061, trading sideways inย theย previous 24 hours. On the other hand, Terraย (LUNA) is priced at $0.41, experiencing a loss in earlier gains over the same time period.
Hot Take: Terraย (LUNA) Luna Classic Takes Steps to Combat Spam
The Terraย (LUNA) Luna Classic communityโs initiative to combat spam proposals by increasing the minimum deposit amount is a proactive move to protect the integrity of the voting process. By making it more challenging for scam proposals to pass the deposit stage, the community intendsย to secure that only relevant and legitimate proposals are considered. Althoughย while thereย is opposition to the proposition, it demonstrates the communityโs commitment to preventing spam and maintaining a fair decision-making process. The upcoming core upgrade and the recent strength in LUNC and Terraย (LUNA) prices further highlight the positive momentum and growth within the Terraย (LUNA) Luna Classic ecosystem.
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