Developer of Terra Classic Makes Proposal That Could Effectively Burn $2 Million in LUNC While Also Establishing A Developers Pool
In a recent Medium blog post posted on Twitter, Terra Classic developer Alex Forshaw provided information regarding the multisig wallet holding around $4 million in off-chain assets. Read more: Terra Classic (LUNC) is up 7% in 24 Hours, Beating BTC and ETH According to the developer’s blog post, Forshaw and a number of other community […]
Off-Chain Assets of $4M Are Being Debated by the Terra Classic Community
Intense discussions on how to handle $4 million in recently discovered off-chain assets have been going on within the Terra Classic community for the past week. Ex-Terra Rebels Quant Team Lead Alex Forshaw said in a proposal from five days prior that Terraform Labs founder Do Kwon had informed him of $4 million in off-chain […]
Ustc to Be Terra Classic’s Reserve Currency: Terra Rebels Announces
Terra Classic core developer Tobias Andersen AKA Zaradar, revealed in an Ask Me Anything (AMA) session hosted hours ago by WSB Trader Rocko that the Terra Classic developers are working on a new repeg proposal. According to Zaradar, the new proposal combines his and Alex Forshaw’s ideas. Notably, Forshaw and another team member, Max, are […]