Suggestion Accepted! Will USTC Be $1? - Coinleaks
Current Date:November 7, 2024

Suggestion Accepted! Will USTC Be $1?

Terra Classiccommunity, USTCre-price of fix for $1accepted the target proposal.

terra classic A vote that excited the community has been completed. Community, USTC Offer to fix $1overwhelmingly accepted.

11487number of community proposals, of USTC It covers various methods to move the price back to $1. This suggestion from the community 50 percentwhile voting yes, only 7 percentSome did not accept the offer.

Plan to Deliver USTC for $1 Accepted

terra classiccommunity, USTC accepted the latest proposal. This recommendation of USTCIt includes a re-peg plan to bring its price back to the old days.

of the community 50 percentIn the proposal, which was accepted with a yes vote, USTC buybacks and a clearing mechanism are planned. In addition, the use of diversion fees and staking situations were also discussed. This offer accepted by the community, together with taking the necessary measures of USTCIt aims to be $1.

Opposing community members argued that it was nearly impossible to get approval from central exchanges for the proposal’s implementation. Because the offer your CEXsunder or over $1 USTCwill require the application of deviation fees to sell orders.

In addition, the offer LUNC This includes reducing the supply. According to this planning, with 45 percent of revenues from USTC LUNC will be purchased. Later this LUNCswill be burned or staked to go out of circulation.

The proposal has already raised the hopes of community members. Terra Classic community, of USTCIt raises expectations that it could be $1.