Terra Classic Community Faces 1.2% Burn Tax and LUNA Merger
Terra Classic is still considering a 1.2% tax increase and merger to Do Kwon’s Terra. Terra Rebels core developer Edward Kim has submitted proposal 10950 to re-enable three IBC channels of Cosmos-based chains Osmosis and Crescent. This proposal has already received 100% support. Edward Kim also stated that the community is supportive of Edward Kim’s proposal 10950.