Terra Luna Classic Community Turns Down USTC Repeg Team Proposal; LUNC Burn Rises

The Terra Luna Classic community has turned down the community pool spend proposal to fund the USTC Quant team for the second month. The proposal has failed to receive minimum votes and received “No with veto” votes from the community members instead. According to the latest voting details, Proposal 11716 “USTC / Stable Algo Quant

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