LUNC Eyes Over $1T Staked Ahead Of Terra Parity Finalization
• Terra Luna Classic (LUNC) has seen a 10.9% gain in the last 24 hours, leading it to the top gainer of the day.
• The mainnet of Cosmwasm V2.1.0 parity upgrade will kick in tomorrow and is highly anticipated by the LUNC community.
• LUNC staking now surpassed $1 trillion, an all-time high, now standing at a sky-high 14.6% staking ratio.
Terra Luna Classic Climbs Up Crypto Charts
Terra Luna Classic (LUNC) is the top gainer of the day as it saw a 10.9% gain in the last 24 hours and managed to climb back up on crypto charts by global market cap.
Parity Upgrade
The highly anticipated Terra Classic parity upgrade mainnet 2.1.0 will kick in tomorrow on June 14th, 2023 and will make original Terra Classic network fully compatible with all Cosmos-based blockchains, including Terra 2.0. Additionally, Drexel University Professor Edward Kim is preparing to launch the beta of an AI app chain for LUNC and an increase in burn tax to 0.5% was passed and approved by two major crypto exchanges, Binance & KuCoin which sparked major enthusiasm from LUNC community members..
Staking Vaults For USTC
A Layer-1 Joint Task Force (L1JTF) campaign suggested creating a staking vault for USTC through a gradual repeg strategy via a liquidity pool between LUNC & USTC which was well received by many members in the community who are getting ready for this parity upgrade tomorrow..
All Time High Staked Amount
The excitement around this upcoming release has only been boosted as Terra Luna Classic (LUNC) staking has now surpassed $1 trillion for the first time ever with a sky-high 14.6% staking ratio seen among users who have already joined this network ahead of its finalization tomorrow..
Conclusion
Terra Luna Classic (LUNC) is one of those coins that have made quite some progress since its inception and we are looking forward to seeing what comes out from this highly anticipated parity upgrade mainnet 2.1.0 which kicks off later today on June 14th, 2023!