Altcoin News by Thebittimes.Com

Proposal 11750 “ LUNA Classic Decentralized Debit Card ” is up for voting on the Station wallet. As per the proposal, a validator wants to introduce a decentralized debit card to the Terra Luna Classic ecosystem. While a debit card will allow users to spend money in supermarkets, coffee shops, and more, the proposal lacks details on how the validator will work on a debit card for LUNC. advertisement “The proposal of this new validator is that the “Secure LUNA Validator” can use it’s own funds to promote and assist the LUNA Classic community with the most secure LUNA validators. By voting YES, we will invest in and promote more new validators, enhancing the community’s experience.” The idea of a debit card can draw outside investment and help increase on-chain transactions. The community will be looking for something like a product to bring back utility to the chain. Until now, the proposal has received 96.33% “...

Terra Luna Classic Community Favors To Burn 800 Million USTC Proposal 11658  “Return of Community funds not used” by ex-Terra Rebels developer group member  Vegas has passed with 70.27% “Yes” votes. He recommended returning 800 million USTC on-chain funds to the Terra Luna Classic community pool as the Ozone Protocol project is not actively following the proposed development plan. advertisement However, the counter Proposal 11660 “ Burn 100% of Funds Should Prop: 11658 Pass” receives 82.55% “Yes” votes. It claims that a large portion of the community is requesting to burn 800 million tokens. Thus, even if Proposal 11658 passes, the counter-proposal will prevail as it has received more votes. The community needs to wait for another similar proposal that suggests burning 80% and sending 20% to the community pool for developers. Notably, the proposal hasn’t received many votes in favor as only 46% agree...