Terra Luna Community Passes Key Proposal To Burn Unbacked Assets

Quick Summary:

In a recent governance vote, members overwhelmingly approved a proposal to burn unbacked Axelar assets.

The Terra Luna community has taken a decisive step to strengthen its ecosystem.

This move has sparked fresh optimism among investors, leading to a 4% surge in LUNA’s price.

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Article Details

Author / Journalist: Rupam Roy

Category: Crypto

Markets: India

Topics: Terra (LUNA) Terra Luna Classic 24/7 Cryptocurrency News Luna price prediction

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-30 @ 14:32:32 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 441 words

Reading Time: 3 minutes read

Sentences: 38 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 25636448

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 37 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #59

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