Recently, Terra Rebels, the independent Terra Classic development group, announced new proposals and programs for LUNC and LUNA. In this article, we list the hottest developments from the ecosystem.
Terra Rebels launches first app to support LUNC burns
In a new tweet today, Terra Rebels announced that it has launched a lottery game on the LUNC network. This specifically marks the first DApp Rebels has launched for LUNC. You can participate in the lottery via the DApp through the Terra Rebels website.
The full reveal of the Terra Rebels powered DApp reveals that the winner will qualify for 60% of the pool. The remaining 40% will be shared as follows:
- 26% dead wallet
- 6% to developers
- 7% to Terra Rebels
- to 1% contract reserve
Terra Rebels announces that our first layer 2 application is ready for launch. You can navigate our website and participate here: https://t.co/OJSShSYp6l
Cost: 5,000 lunc per ticket 🎟️
Duration per round: 7 Days 🗓️There is a full description on our discord. pic.twitter.com/dsliWF5HQ6
— Terra Rebels (@TerraRebels) October 28, 2022
Terra Classic launches FPS game
In another news from Rebels, co-founder Edward Kim announced that they are launching a new FPS game. The FPS LUNC game was released on Unity Play, a platform where it distributes WebGL creations.
Seems like lots of interest in playing the #LUNC fps game in Unity3D. Here you go. Put in your wallet address and it will send you LUNC. I'll fill the coffers every now and then. https://t.co/bMN8E7VlVD
— Edward Kim (@edk208) October 26, 2022
Terra Rebels launches their own LUNC validators
In another tweet, Terra Rebels announced the release of LUNC validators. According to the details, validators will work with a 5% commission. They will also be subject to change only by internal management voting. The group plans to cover operating costs from the revenues of its validators, while transferring the remainder to the Rebels donation wallet.
In addition, the group plans to avoid management votes to avoid unduly influencing management decisions. The LUNC community was expecting Rebels validators to launch on Thursday, with validators from Classy Crypto, HappyCattyCrypto, and David Goebelt. However, the group did not announce the launch of the validator until Friday.
The Terra Rebels Validator will operate with a 5% commission only amendable through an internal TR governance vote. Validator costs will be paid from the funds first with the remaining rewards going to the TR donations wallet.
Terra Rebels will abstain from all governance votes pic.twitter.com/18VoLl0J4b
— Terra Rebels (@TerraRebels) October 28, 2022
LUNC community begins voting for development grant program
LUNC developer Edward Kim announced in another tweet that they have begun voting for the LUNC grant proposal. Kim put his 8813 proposal to a vote, according to a tweet Friday from the LUNC core developer who shared a temporary website created for the initiative.
https://twitter.com/edk208/status/15860163821176460800
Proposal 8813 will ensure efficient and transparent allocation of funds in the community pool. Kim is also requesting $68,000 from the community pool to manage and run this grant scheme for six months. If the program is approved, the team will send the required funds from the community pool to a multi-signature address controlled by the grant team. Finally, the grant team will pay developers on a milestone basis.
cryptocoin.com As you’ve been following, LUNA and LUNC had some opportunity to recover during the last rally. LUNA is currently trading at $2.52. On the other hand, LUNC, which remained stable compared to the last 24 hours, is located in the region of $ 0.0002489.
