- Terra Luna Classic community rejects a 19% tax hike with 99% ‘no’ votes.
- Growing support for EVM integration boosts optimism with enhanced programmability and interoperability.
- Decentralized governance empowers Terra Luna Classic’s community to shape the blockchain actively.
In a recent YouTube video by ClayBro, an analyst, the Terra Luna Classic community finds itself at a crossroads with two pivotal proposals. One proposes a tax increase of 3% on Terra Classic and 2% for USC tax for a temporary period of 90 days, followed by a reduction. The other, a more radical approach, suggested a whopping 19% tax hike, which met with resounding rejection from the community, with 99% of votes casting a resolute ‘no.’
The proposal to increase taxes by a modest 3% and 2% for a limited period is met with mixed reactions within the community. Some argue that such a tax increment would stifle the blockchain’s growth and potential. However, the speaker counters this argument by pointing out that major exchanges often bypass these tax proposals, and there have been instances where larger tax fees have been accepted without detrimental consequences.
The Terra Luna Classic co…
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