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LUNC News: Terra Classic Highly Debated Proposal After TFL And SEC Settlement

source-logo  coingape.com 20 June 2024 15:40, UTC

LUNC News: The Terra Luna Classic community started voting again on a highly debated proposal to increase the validators set on the blockchain. The move comes after Terraform Labs and Do Kwon agreed to settle with the U.S. SEC for $4.5 billion. The proposal aims to bring Luna v2 validators to Terra Classic after the TFL and SEC settlement, bolstering the network’s decentralization and benefiting the LUNC community.

coingape.com