HomeBlockchainOver 1 Billion LUNC Used from the Luna Classic Community Pool

Over 1 Billion LUNC Used from the Luna Classic Community Pool

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Over 1 Billion LUNC Used from the Luna Classic Community Pool

The Luna Classic network continues to demonstrate active on-chain governance, with more than 1 billion LUNC already utilized from the community pool to support development and critical network upgrades.

According to the latest available data, a total of 1.046 billion LUNC has been spent from the Luna Classic community pool. After these expenditures, the remaining balances in the community pool are shown below.

Item Amount
Total LUNC Spent from Community Pool 1,046,000,000 LUNC
Current Community Pool Balance (LUNC) 7,478,197,919 LUNC
Current Community Pool Balance (USTC) 61,176,865 USTC

The most recent spending was allocated to the proposal titled “Terra Classic Upgrade to Cosmos SDK v0.53 with IBC v2 Eureka Support Phase 1.” This spending proposal successfully passed the on-chain voting stage, allowing funds to be released to support the initial phase of the upgrade.

This allocation highlights the role of the Luna Classic community pool as a core funding mechanism for network development. Through governance-approved proposals, the community pool ensures that resources are directed toward essential upgrades, maintenance, and long-term ecosystem sustainability.

The continued use of the community pool reflects the Luna Classic community’s commitment to transparent governance and ongoing improvement of the network within the broader Cosmos ecosystem.

Adit 39
Adit 39https://www.adit39studio.com/
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