CandleFocus Terra Luna Community Passes Key Proposal To Burn Unbacked Assets
2025-01-30
Author: Content Editor
In a recent governance vote, the Terra Luna community has approved a proposal to burn unbacked Axelar assets in an effort to strengthen the ecosystem. This has led to a 4% increase in the price of LUNA and has sparked optimism among investors. The approval of the proposal signals a commitment to restoring trust in the Terra Luna network.
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