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Terra Luna Classic USTC Repeg Team Proposal Officially Passed

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Terra Luna Classic Community Passes Key Proposal Proposal 11730 “USTC / Stable Algo Quant Team” has officially passed as the Terra Luna Classic community has approved the proposal. The proposal has received proper validator voting turnout this time as the Station wallet is live and working after being down for many days. advertisement The proposal gets 50% “Yes” votes, making it surpass the “pass threshold.” Also, the proposal has received 8% “No” and 7% “No with veto” votes. The validator with the largest voting power Allnodes voted “Abstain”, making it 35% votes. In total, 50 validators participated in the governance voting, with 35 validators favoring the proposal. These include DFLunc, Stakely, 1maxfee, TerraCVita, LUNC DAO, and StakeBin. The proposal was earlier rejected by the community through governance voting. However, USTC Quant team members blamed some validators for chan...