TechFlow news — Terra Classic community proposal 11324, "Re-pegging LUNC to UST," has been passed. The proposal outlines an actionable framework for the LUNC community to re-anchor USTC at the code level, consensus level, and through governance guidelines.
According to the announcement, this is a signaling proposal, meaning that neither voting outcome carries immediate technical consequences—approval or rejection will not alter any code. The specific actionable plan will be implemented through Terra Community Trust Guideline 23, with the ultimate goal of restoring value lost during the May 2022 "de-peg" event while streamlining the LUNC burn process.Original link
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