Terra Classic community elects to cease USTC minting

Terra Classic community elects to cease USTC minting
фото показано с : cointelegraph.com

2023-9-25 09:28

The community strongly backs stopping TerraUSD Classic (USTC) minting and reminting in favor of burning tokens to restore its U.S. dollar peg.

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minting ustc classic community burning favor tokens

minting ustc → Результатов: 3


Is Terra Classic Planning For USTC To Be Pegged To The Dollar Again?

The Terra Luna Classic (LUNC) community has voted overwhelmingly, with nearly 60% in favor, to cease the minting and reminting of Terra Classic UST (USTC) tokens. The drastic decision, in a decisive move aimed at rescuing the beleaguered Terra Classic stablecoin, comes in the wake of Terra’s collapse in May 2022, which had sent shockwaves through the crypto market, leaving USTC’s value in shambles.

2023-9-25 11:30