The total funds in the community pool dropped from 2.37B LUNC to 416 million LUNC.
Three ideas were recently approved by the Terra Luna Classic community.
The community pool fund at Terra Luna Classic has reached a dangerous low after three expenditure requests were approved by the community. The community no longer has enough money to pay for the further growth and upkeep of the network after seeing their total funds fall from 2.37 billion LUNC to 416 million LUNC.
Three ideas were approved by the Terra Luna Classic community: a Joint L1 Task Force Q3 proposal, the formation of a Quant team for USTC repeg, and the maintenance of Terra Rebels’ infrastructure and applications.
Recent Funds Allocation
Terra Rebels got 484.367 million LUNC, Quant USTC Repeg Team got 222.222 million LUNC, and Joint L1 Task Force Q3 got 1.264 billion LUNC for their development work. Just 416.33 million LUNC and 4.49 million USTC remain in the pool’s current balance.
The Joint L1 Task Force plans to upgr
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