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LUNC News: Terra Classic Community Votes On 8 Million USTC Burn Proposal

source-logo  coingape.com 28 December 2023 18:53, UTC

LUNC News: Terra Luna Classic community votes on a proposal to burn all USTC in the community pool, as part of efforts to revive the chain and bring recovery in ecosystem tokens. The move comes amid the renewed narrative to burn 800 million USTC from Risk Harbor Multisig Wallet, which sits idle as the project lost the keys and has agreed to blacklist the wallet.

coingape.com