Terra Luna Classic L1TF Reveals Next Focus In LUNC Roadmap

Terra Luna Classic core developer L1 Task Force (L1TF) has revealed their next focus in the Terra Luna Classic revival roadmap. L1TF has announced the plan to enter maintenance mode for Q4, handling issues with blockchain and Dapps, as well as support for approved governance proposals. LUNC and USTC prices continue to remain under pressure.

Terra Luna Classic L1TF Goes Into Maintenance Mode

L1TF developer Vinh Nguyen in a post on X revealed that the LITF developer team has returned 344 million LUNC to the community pool. According to StakeBin, the community pool has 2.10 billion LUNC and 6.08 million USTC.

The Terra Luna L1 Task Force has now entered the maintenance mode for Q4 effective October 17, 2023-January 17, 2024. Nguyen said the team will mostly work on resolving Astroport dapp situation, blockchain issues, and support PRs for governance-approved L1 developments.

L1TF developer Vinh Nguyen said the next focus is on L2 onboarding the development team has been planning for months. The idea was first suggested by professor Edward Kim. Vinh Nguyen also revealed that the roadmap for next year will be prepared in Q4.

“The chain needs maintenance on L2, it is as important as L1. The next focus is about L2 onboarding. So, I have decided to stabilize L1.”

Meanwhile, the L1TF development team is looking for qualified people to manage L2 onboarding and marketing. The developments related to L2 onboarding and marketing are expected to resolve issues and bring dapps to the chain.

Read More: Terra Luna Classic Community Moves Closer To Burning 800 Million USTC

LUNC and USTC Continue to Slip

Terra Luna Classic and USTC prices are under pressure amid a broader selloff faced by altcoins last week. The Terra Classic ecosystem tokens have failed to pick up upside momentum despite key proposals. Key members leaving L1TF earlier continue to impact the chain and LUNC price.

LUNC price trades at $0.000056, down more than 2% in the past 24 hours. Meanwhile, USTC price has also fallen 2% in 24 hours.

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Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry.

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