LUNC News: Proposal To Re-Enable Terra Luna Classic IBC To Cosmos Chain Passed
Proposal To Re-Enable IBC Between Crescent and Terra Luna Classic Passes Proposal 271 “Re-enable IBC Client to Terra Classic ” is passed by the community to re-enable IBC transfers between Crescent and Terra Luna Classic. Crescent Network is a Cosmos appchain that provides multi-chain asset exchange and capital-efficient liquidity incentivization. advertisement The proposal has surpassed the “pass threshold” amid the community’s major support to the proposal. It received 99.98% votes in favor, while only 0.02% voted against the proposal. Edward Kim earlier said it is necessary due to continuous changes in the Cosmos ecosystem and the testing required to reach parity with the Cosmos ecosystem. Also, it allows trapped assets to flow through the channels. Read More: Early Terra Luna Classic Developers Seek Return To Revive LUNC & USTC To $1 Recommended Articles ...