The Terra Luna Classic community considers raising the minimum deposit requirement to combat spam proposals. Supporters believe this will increase the quality of proposals, yet critics fear it could deter smaller initiatives and stifle innovation.
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Regulating the Crypto Frontier: Stifling Innovation or Safeguarding Investors in Ukraine?
The National Bank of Ukraine’s increased control over local crypto firms has been met with concern. The bank’s demand for full financial transparency raises questions about the potential stifling of this burgeoning industry. Yet, despite the harsh regulatory landscape, the Ukrainian market holds untapped potential, suggesting that this regulatory turbulence could drive Ukrainian crypto stakeholders towards international success.
Terra Luna Classic Vote: Repegging USTC, Community Support, and Market Impact
The Terra Luna Classic community shows strong support for Proposal 11597 on TerraClassicUSD (USTC) incremental repeg modeling and simulation. Major validators vote in favor, demonstrating confidence in the Quant team and L1Task Force’s collaborative efforts to repeg USTC to $1.
TerraClassicUSD Repegging: Revitalizing LUNC and Impact on Blockchain Future
The Terra Classic (LUNC) core developer team Joint L1 Task Force (L1TF) plans to work on TerraClassicUSD (USTC) repeg to $1 after the v2.1.0 parity upgrade is approved. The community unanimously passed Proposal 11548 “USTC Test Environment” on June 7, reflecting the project’s significance. This initiative aims to revitalize LUNC and restore utility to the Terra Classic blockchain.