Terra Luna Classic v3.1.3 Upgrade Enhances Burn Tax Distribution and Staking
– Terra Luna Classic has successfully upgraded to v3.1.3 on July 29, implementing Oracle Split logic and fixing memory leaks.
– The upgrade received overwhelming support, with 99.99% “Yes” votes from validators and delegators.
– The burn tax distribution is now 80% for burn and 20% split equally between the Community Pool and Oracle Pool, boosting staking and potentially LUNC price.
– Staked LUNC has risen to 1.04 trillion, with the staking ratio spiking to a new high of 15.39%.
Despite the upgrade, LUNC and USTC tokens have not gained significant momentum, with trading activity remaining sluggish. The community is now anticipating the Tax2Gas upgrade, which could further influence the market.
The Terra Luna Classic v3.1.3 upgrade represents a critical step in optimizing the ecosystem’s economic model, potentially enhancing the value and stability of LUNC through improved resource allocation and staking incentives.
