In a major step forward for the Terra Classic ecosystem, Proposal 12171 titled “Request to Inject Liquidity for Garuda DeFi” has officially passed, signaling strong community support for expanding $LUNC utility through decentralized finance.
The proposal received overwhelming approval from the community, with 91.6% voting in favor, just 3.0% voting against, and 0.4% registering strong opposition. Additionally, 5.4% of voters abstained, highlighting a confident and unified stance on the initiative. The vote ran from May 26 to June 2, 2025, during which excitement and optimism surged throughout the LUNC community.
Garuda DeFi is a key player in Terra Classic’s DeFi landscape, aiming to create a vibrant ecosystem of decentralized trading, farming, and liquidity solutions. With this approved liquidity injection, Garuda DeFi is now better positioned to expand its offerings and contribute to the revitalization of $LUNC’s utility and adoption.
The passing of Proposal 12171 marks more than just a funding decision—it’s a reflection of Terra Classic’s forward-thinking governance and its commitment to long-term ecosystem growth. By strategically supporting protocols like Garuda DeFi, the community is reinforcing its goal of rebuilding a robust, decentralized economy centered on transparency, resilience, and innovation.
This development follows several other recent milestones, such as the integration of $USDC into the Terra Classic network. Together, these initiatives are breathing new life into the chain, empowering developers and users alike.
With Proposal 12171 now in effect, the Terra Classic ecosystem is poised for further innovation and stronger DeFi engagement. The road to revival is well underway—and the community’s momentum shows no signs of slowing down. 🚀