Terra Classic is gearing up for the v3.5.0 upgrade, with the reactivation of the Market Module taking center stage. Here's a breakdown of what to expect.
Terra Classic's about to get a serious glow-up with the v3.5.0 upgrade. The highlight? Re-activating the Market Module. The goal is to bring some much-needed stability to $LUNC and $USTC. Let's dive in, New Yorker style, and see what's what.
The Lowdown on the v3.5.0 Upgrade
Mark your calendars, folks: August 15, 2025, is the big day. The v3.5.0 upgrade is all set to launch, building on the groundwork laid by the v3.4.0 release. Think enhanced system efficiency, faster transactions, and tighter security. But the real buzz is around the Market Module.
Market Module 2.0: No Hyperminting Allowed
Validators have given the green light to the Market Module 2.0. This ain't your grandpa's Market Module. It's designed to prevent manipulation and the printing of excess tokens. The module's got mechanisms to throttle itself as the token supply shrinks. In other words, it's all about keeping things stable and preventing chaos.
Testing, Testing, 1, 2, 3...
Before we pop the champagne, there's testing to be done. Code merging for the testnet is first up, followed by public test runs simulating various price conditions. This includes pool logic, customizable buttons, and even a kill switch. Gotta make sure everything works before it hits the main stage, right?
Community's Call: A Decentralized Dream
Terra Classic operates under a decentralized governance model. Proposals are voted on by validators and stakers, ensuring community-led decisions. The Market Module reactivation vote showed strong community support, signaling confidence in the future of $LUNC and $USTC. The community wants change, and they're getting it.
LUNC Price: Will It Go Up?
Historically, upgrades to Terra Classic have affected the LUNC price. Past upgrades have triggered significant price increases. The increased transaction speed, better validator incentives, and more robust security can potentially bring a boost in market confidence and investor sentiment. Fingers crossed!
Final Thoughts: Keepin' It Real
Terra Classic's v3.5.0 upgrade is a big deal. The Market Module reactivation could bring a new era for $LUNC and $USTC. But it's not just about the tech; it's about community, governance, and a little bit of hope. Here's to smooth upgrades, stable tokens, and maybe, just maybe, a bull run. Cheers to that!
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