Binance has successfully concluded the LUNC burn mechanism, eliminating 2.65 billion Terra Classic (LUNC) coins.
The community has experienced a significant decrease in its total funds from 2.37 billion LUNC to 416 million LUNC.
The community pool fund at Terra Luna Classic has reached a concerning level following the approval of three expenditure requests by the community. As a result, the community lacks sufficient funds to support the ongoing development and maintenance of the network, witnessing a significant decrease in their total funds from 2.37 billion LUNC to 416 million LUNC.
The Terra Luna Classic community agreed upon three proposals: the Joint L1 Task Force Q3 proposal, establishing a Quant team for USTC repeg, and maintaining Terra Rebels’ infrastructure and applications.
Terra Rebels received 484.367 million LUNC, the Quant USTC Repeg Team obtained 222.222 million LUNC, and the Joint L1 Task Force Q3 was granted 1.264 billion LUNC for their development initiatives. The
Ault Alliance Announces Share Buyback of up to 333,333,333 Shares of Common Stock at $0.15 per Share Through Exchange Offer for New Class of Preferred Stock
Stockholders can exchange blocks of 200 shares of common stock into three shares of a $10 liquidation preference,…
