Here’s Why Terra Classic Community Is Considering 5x Increase in LUNC Transaction Fees

Proposal 11243 has been launched and regular validators in the Terra Classic community have begun voting on it. The proposal aims to increase LUNC transaction fees by 5 to denounce the Seigniorage Reward Policy that remints 10% of LUNC burned tokens. Why is the Need for the Proposal? The proposal, which was submitted by a The post Here’s Why Terra Classic Community Is Considering 5x Increase in LUNC Transaction Fees appeared first on Times Tabloid .