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LUNC Community Puts USTC Repeg Ideas into Practice Via L1JTF

By: dailycoin

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  • The embattled LUNC community has witnessed several USTC repeg proposals.
  • Terra Classic USD (USTC) still trades below $0.015, LUNC inks 1.5% daily gains.
  • L1JTF proposes a test environment specifically geared towards repeging USTC.

The Layer-1 Joint Task Force, a developer team made of Terra Luna Classic (LUNC) holders, has decided to take control of the USTC repeg initiative. Three days ago, the L1 Task Force penned a new proposal on Agora to create a simulation of the malfunctioning stablecoin USTC repeg. 

How Would USTC Test Environment Work?

The L1 Task Force is eager to experiment with…

Read more…

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