Terra Luna Classic ( $LUNC ) – Major Milestone: Proposal #12209 Officially PASSED!
“$LUNC Forex Genesis + EUTC Repeg” has been approved with strong YES votes! EUTC (Euro-pegged stablecoin) is coming as a fully collateralized asset (backed by USDC/EURC & overcollateralized). Zero fees at launch
Mint/redeem fees will be used to burn $LUNC → constant buy pressure & deflationary mechanism
Collateralized module, oracle integration & testing now underway
This is a huge step toward real utility and repeg for Terra Classic.
Community is in full build mode – post-upgrade momentum is building! Positive news for $LUNC holders – execution is the next catalyst!
