Crypto Market News: Following a Terra Luna Classic joint governance proposal on liquid staking derivatives, a separate team is now proposing to have a six member team of senior full stack engineers for the next quarter. Claiming to be ‘passionate LUNC holders’, the Terra Allies senior engineering full stack team, also called the Six Samurai, has put forward the Q3 spend proposal. The six member team promises to work towards “a true revival of the ecosystem.”
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Meanwhile, the Terra Classic Price (LUNC) is set to close the week in net gain of around 1.3%. Earlier, CoinGape reported that recent Terra Classic price trends indicate possibility of challenging the long-pending resistance trendline.
Terra Luna Classic LUNC Six Samurai Team
With a total expenditure for the third quarter of 2023 at $116,000, the team proposes an L1 roadmap that includes migrating from Columbus-5 to Columbus-6 and updated to the Cosmos SDK. Also, part of the roadmap proposed by the team is the plan to pursue Terra Classic listing on Keplr’s Web Interface, an analytic visualizations web tool and Mintscan, a Cosmos block explorer for crypto exchanges and customers. The proposal said,
“To accomplish a true revival of the ecosystem, we are prepared to do the hard work. We will also coordinate and cooperate with any other teams that win a mandate to dev on LUNC.”
In response, the LUNC community has so far reacted positively in direction of voting Yes for the proposal.
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