LUNC Community Divided Over Controversial USTC Proposal

The Terra Luna Classic (LUNC) community is facing internal turmoil as a proposed revitalization strategy for USTC (TerraUSD Classic) sparks heated debate. One of the most vocal opponents is MrDiamondhandz, a well-known validator running LuncLiveOrg, who has strongly condemned the initiative. LUNC Dash Proposal: A Path to Revival or a Recipe for Disaster? The LUNC Dash proposal aims to reshape the future of USTC, positioning it more strategically in the market and addressing regulatory concerns. 🔹 Rebranding: USTC would be renamed Universal Standard Token Classic (USTC) while keeping its original ticker for brand recognition.

🔹 New Identity: The proposal suggests reclassifying USTC as a memecoin to align with its current market dynamics.

🔹 Rapid Response Team: A special crisis team would be established to take immediate action in emergencies without requiring prolonged governance approval. Harsh Criticism from MrDiamondhandz 💥 MrDiamondhandz, a long-standing LUNC supporter, vehemently opposed the proposal, calling it one of the worst he has ever seen. 💬 "This is one of the worst proposals I’ve ever seen," he declared, accusing a particular group of trying to seize control over the blockchain and the community fund. "They want your funds and control over the chain. Nothing more," he warned. Despite his criticism, the proposal has received mixed support:

✔ 39.41% voted in favor

❌ 7.95% voted against

⚠ 25.47% voted ‘No with veto’ With a total voter turnout of 28.95%, the proposal has yet to reach the 40% quorum required for approval.

Harsh Response from Developers: Who Really Wants Control Over LUNC? The LUNC builders fired back, accusing MrDiamondhandz of hypocrisy and manipulation. 💬 "You're the one trying to control LUNC—you even hijacked its name!" one developer claimed, pointing out his past attempts to block USTC’s progress. Adding fuel to the fire, MrDiamondhandz was also criticized for his discussions with Charles Hoskinson (Cardano) about incorporating USTC into the Cardano ecosystem. This move raised concerns over whether he was truly advocating for LUNC’s best interests or pursuing his own agenda.

What’s Next? Uncertainty Clouds USTC’s Future Once a stablecoin, USTC has become a speculative asset since Terra’s collapse in 2022, lacking clear classification. This uncertainty could jeopardize its exchange listings and stall further development. It remains unclear whether the controversial proposal will pass or whether internal conflicts will continue to hinder progress. However, one thing is certain—if the LUNC community wants to move forward, unity and a clear direction are essential. 🚀

#LUNC✅ , #TerraLunaClassic , #CryptoCommunity , #CryptoNewss , #blockchain

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