Terra Allies’ Six Samurai team aims to revive the ecosystem

After a joint governance proposal for Terra Classic’s (LUNC) liquid staking derivatives, a new proposal has surfaced suggesting the formation of a dedicated team of six senior full-stack engineers for the next quarter.

The Terra Allies senior full-stack engineering team, known as the “Six Samurai,” Presented Our spending proposal for the third quarter highlights your deep passion as a LUNC holder. Firmly determined to achieve a “true revival of the ecosystem”, the team is committed to dedicating their efforts and expertise towards this goal.

Terra was originally an ecosystem with several moving parts. However, the TerraUSD (UST) stablecoin and his LUNA assets faced catastrophe in 2022, bringing major changes to the project. Terra now has a new blockchain called Terra 2.0 with a new asset also called LUNA, but many call it Terra (LUNA2).

In May 2022, a new chain, the Genesis block, was launched to execute future transactions, and the original Terra chain was rebranded as Terra Classic.

Presenting a detailed plan for the third quarter of 2023, the team proposes a budget of $116,000. This roadmap includes important milestones such as moving from Columbus-5 to Columbus-6 and upgrading to the latest Cosmos SDK.

Additionally, their roadmap includes pursuing Terra Classic’s listings on Keplr’s web interface, a web tool for analytics visualization, and Mintscan, a Cosmos block explorer for cryptocurrency exchanges and customers. I’m here.

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In their proposal, the team expressed its readiness to undertake the necessary efforts to achieve true ecological restoration. They also emphasized their willingness to cooperate and coordinate with other teams to secure development authority for LUNC. As a result, the LUNC community has responded positively so far and is leaning towards voting in favor of the proposal.

According to CoinMarketCap data, LUNC is soaked 1.65% in the last 24 hours. Currently ranked 75th, with a live market cap of $537,523,209. The circulating supply of LUNC coins is 5,822,833,985,154, but the maximum supply is not specified.

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