- Terraform Labs confirms the merging of the pull request to initiate the LUNC/USTC swap pair.
- The Terra Classic (LUNC) community may soon access the long-awaited LUNC/USTC swaps on TerraSwap.
Boosting Crypto Trading with a New Swap Pair
Terraform Labs, known for their cutting-edge innovations in the blockchain space, has made a stride towards the much-anticipated launch of the LUNC/USTC swap pair. This breakthrough was communicated by LUNCBurnArmy via their official Twitter account.
Seamless Upgrade Underway
According to LUNCBurnArmy’s update, Terraform Labs is set to update the Station release to incorporate this new feature within the upcoming week. To guarantee seamless operation, end-to-end testing of the new feature is scheduled, a strategy to ascertain that all aspects of the swap pair work as intended.
The LUNC/USTC pair, on TerraSwap’s platform, is the result of fervent anticipation and has been in the pipeline for several weeks. Its inception began with a proposal submitted last month, which also included a pull request to exemplify the suggestion.
The LUNCBurnArmy further clarified that the acceptance of the pull request by Terraform Labs is a significant step towards merging, and consequently, the LUNC/USTC swap on Station should become operational. However, despite expectations for the completion of the merge yesterday, it remains pending. This delay, though minor, has heightened anticipation within the Terra community, as reflected in their enthusiastic response to the LUNCBurnArmy’s update.
The rebranding of the original Terra protocol to Terra Classic (LUNC) followed the notable downfall of Terra (LUNA) and the algorithmic stablecoin TerraUSD (UST). This event sent shockwaves across the crypto industry but also instilled renewed optimism within the community, unveiling a host of possibilities that are now being explored.
A Revival in Progress
Post-collapse, Terra Classic (LUNC) has seen diligent efforts from committed developers to restore value to the protocol. The introduction of the LUNC/USTC trading pair serves as a testament to this ambition. Other notable endeavours include a staking and burn campaign aimed at reducing the excess LUNC tokens in circulation. With these initiatives in full throttle, the vision of reinstating value to its users is becoming more of a reality than a distant dream.