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Terra Classic Secures Liquidity with Proposal #12226

Guavy AI Editorial Team
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USDC INJ LUNC LUNA
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Terra Classic has successfully passed Proposal #12226, marking an important step in securing its infrastructure.

The proposal involves moving community Terra-Luna:native and USDC liquidity from Noble to Injective USDC, a move aimed at protecting around $1.23 billion worth of LUNC tokens and securing approximately $62,000 in USDC.

This decision comes ahead of Circle's plan to sunset CCTP v1, which is set to have implications for the Terra Classic ecosystem.

The proposal has been delivered by the Terra Classic governance team, providing a boost to the community's confidence in their ability to manage and secure their assets.

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