Terra Luna Classic: Key Proposal Nears Approval Ahead of v3.3.0 Upgrade
The Terra Luna Classic (LUNC) community is voting on Proposal 12147 to update LUNC and USTC on CoinMarketCap (CMC).
This is a big deal to increase visibility and accessibility for existing and new investors.
| Broker | Review | Regulators | Min Deposit | Website | |
|---|---|---|---|---|---|
| 🥇 |  | Read Review | FCA, CySEC, ASIC, MAS, FSA, EFSA, DFSA, CFTC | USD 100 | Visit Broker |
| 🥈 |  | Read Review | FSCA, FSC, ASIC, CySEC, DFSA | USD 5 | Visit Broker |
| 🥉 |  | Read Review | CySEC, MISA, FSCA | USD 25 | Visit Broker |
| 4 |  | Read Review | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | USD 200 | Visit Broker |
| 5 |  | Read Review | ASIC, FCA, CySEC, SCB | USD 100 | Visit Broker |
| 6 |  | Read Review | FCA, FSCA, FSC, CMA | USD 200 | Visit Broker |
| 7 |  | Read Review | BVI FSC | USD 1 | Visit Broker |
| 8 |  | Read Review | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA | USD 10 | Visit Broker |
| 9 |  | Read Review | ASIC, CySEC, FSCA, CMA | USD 100 | Visit Broker |
| 10 |  | Read Review | IFSC, FSCA, ASIC, CySEC | USD 1 | Visit Broker |
Support is growing, 215 delegators and 30 validators have voted yes. Current voting is 51% yes, 37% no vote, mixed participation. Critics like HappyCattyCrypto are saying CMC links are centralized and lack important metrics and tools for LUNC.
The proposal will transfer dashboard access to Allnodes, a top validator, to implement changes. Once approved the dashboard will have links to Galaxy Finder, Terra Classic Documentation, GitHub and Commonwealth Forum. This is to increase community engagement, transparency and growth of the ecosystem.
What to Expect in v3.3.0
December 17 v3.3.0 will have streamlined tax handling and more utility for Terra Luna Classic. The new framework will reduce development barriers so dApps can build on top of the platform.
What to Expect From the v3.3.0 Upgrade
Scheduled for December 17, the upcoming v3.3.0 upgrade introduces streamlined tax handling and enhanced utility for Terra Luna Classic. The new framework seeks to reduce development barriers, making it easier for decentralized applications (dApps) to build on the platform.
Key benefits of the upgrade include:
Simplified Tax System: Easier for developers and users to manage transactions.
Boosted Utility: Encouraging more projects to adopt the Terra Luna Classic chain.
Enhanced Developer Tools: Facilitating innovation across the ecosystem.
This significant upgrade is expected to renew interest in the project, particularly as the community aligns efforts to secure a stronger position in the broader crypto landscape.
Price Analysis: LUNC and USTC in Focus
Market is still bearish for Terra Luna Classic, LUNC is at $0.0001316, down 4% in 24 hours. Price is between $0.00012 (support) and $0.00018 (resistance). Analysts say if it breaks above the resistance it will be a big rally like XRP’s recent one.
USTC is down 3% at $0.02437. 24 hours range is tight between $0.02394 and $0.02559. Price is down due to profit taking.
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