Terra Luna Classic Proposal To Stop USTC Minting Passed, LUNC Up 18% And LUNA 33%

The Terra Luna Classic community has unanimously passed the proposal to disable USTC minting and reminding through raising Tobin tax to 100%. The community and developers are making several efforts to repeg USTC, ultimately helping the revival of the Terra Luna Classic chain and LUNC token. LUNC, USTC, and even LUNA witnessed a rally in the last 48 hours.