#TerraClassic The chain governance proposal 12208 has concluded and was accepted by a majority of validators with "FOR". The chain update will take place on December 18, 2025.
#TerraClassic a new vote has been opened on the chain, the LUNC FOREX module is a multi-currency stablecoin system with full backing, built directly on the Terra Classic platform.
#TerraClassic Voting on the update of the SDK & IBC chain to version v3.6.1 is open, thanks to which bridges for compatibility with the Cosmos ecosystem will be unlocked.
#TerraClassic this is a blockchain protocol that uses stablecoins tied to fiat currencies to ensure stable global payment systems. This chain combines price stability with widespread use of fiat currencies and offers fast and accessible settlements, with transaction processing speeds of up to 250,000 per second.
#TerraClassic on the chain a new leader and a new validator DutchLUNC which was created on December 7, 2025, there is currently no information about who this knight is, but the fact that such changes are happening on the eve of the court hearing suggests that someone is taking control of the network into their own hands, for example, Binance.
Also, please note that DutchLUNC currently has only three delegators and one of them delegated 146 billion $LUNC
The validators that were affected the most are: AutoStake, Allnodes, Stakely.io, Orion.