Home Bitcoin News Terra Classic’s Community Power: Deciding the Destiny of Validator Commissions

Terra Classic’s Community Power: Deciding the Destiny of Validator Commissions

Terra Classic

In the heart of the Terra Classic ecosystem, a groundswell of activity is captivating the attention of crypto enthusiasts and investors alike. At the center of this whirlwind is a pivotal vote that holds the fate of validator commissions in the balance. This proposed v2.2.2 soft fork, spearheaded by Till Ziegler, a prominent figure formerly associated with Terra Classic’s Joint L1 Task Force, is set to tackle the pressing issue of validators receiving a 0% commission rate following a main-net upgrade. The urgency of this upgrade, emphasized by blockchain engineer Vinh, looms large as the community gears up for a vote that will shape the future of Terra Classic.

The Terra Classic Community Takes Charge

Community-driven governance is a cornerstone of the Terra Classic ecosystem, and this latest vote underscores the power vested in its members. The proposed upgrade, championed by Till Ziegler, represents a crucial step towards ensuring the sustainability and viability of Terra Classic’s validator network. With voting scheduled to conclude by October 3, 2023, and integration slated for October 9, 2023, the clock is ticking, and community members are rallying to make their voices heard.

Terra Luna Classic (LUNC) – A Star on the Rise

As Terra Classic’s future hangs in the balance, let’s take a closer look at the current state of Terra Luna Classic (LUNC), the native cryptocurrency of the ecosystem. At present, LUNC is trading at $0.00006472, according to CoinGecko data. Over the past seven days, it has witnessed an impressive 13.8% price surge, now boasting a market capitalization of $374,786,982, with a circulating supply of 5.8 trillion LUNC tokens. These numbers are not only impressive but indicative of the growing interest and confidence in Terra Classic’s potential.

InQubeta (QUBE) – Bridging the Gap in AI Investments

While Terra Classic’s fate is being decided, another project has been steadily gaining momentum within the crypto world. InQubeta (QUBE) is on a mission to revolutionize the way crypto wallet holders invest in the booming artificial intelligence (AI) sector. As AI continues its rapid expansion, with over $1.5 trillion expected to flow into the industry, InQubeta aims to democratize AI investments.

Investing in AI the InQubeta Way

InQubeta’s approach to AI investments is innovative and accessible. The project is currently in its Stage 4 presale campaign, with an impressive 70% of tokens already sold and total funds raised surpassing the $3 million mark. At its core, InQubeta leverages smart contracts and operates on the Ethereum blockchain, offering a transparent and secure platform for investing in AI startups.

InQubeta replaces traditional stocks with ERC20-based assets, offering investors the same benefits, including profit-sharing through non-fungible tokens (NFTs). These NFTs represent ownership in AI startups and derive their value from both tangible and intangible assets of these companies. Investors can conduct thorough research on the companies linked to each token, using QUBE tokens to make their investments. Once acquired, they have complete control over their tokens and can trade them as they see fit. A user-friendly dashboard allows investors to monitor the value of all ERC20 coins available on the InQubeta marketplace.

InQubeta’s Mission and the Future of AI Investments

InQubeta’s overarching mission to connect AI startups with investors couldn’t be timelier. With the AI sector poised for explosive growth, investors are speculating that the price of QUBE tokens could experience a remarkable 1000% surge, particularly with the impending launch of their decentralized exchange (DEX). This marks an exciting opportunity for those looking to enter the AI investment arena.

In conclusion, Terra Classic’s community-driven governance is a testament to the power of decentralized decision-making. The impending vote on the v2.2.2 soft fork reflects the commitment of community members to ensure the ecosystem’s health and longevity. Meanwhile, InQubeta’s innovative approach to AI investments is poised to democratize the AI sector, providing crypto enthusiasts with a unique opportunity to be part of the AI revolution. As these two stories unfold, the crypto world watches with bated breath, eager to witness the outcomes and potential transformations that lie ahead.

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Julie J

Julie is a renowned crypto journalist with a passion for uncovering the latest trends in blockchain and cryptocurrency. With over a decade of experience, she has become a trusted voice in the industry, providing insightful analysis and in-depth reporting on groundbreaking developments. Julie's work has been featured in leading publications, solidifying her reputation as a leading expert in the field.

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