The post Terra Classic Developer Propose New Plan to Attract New Utility! appeared first on Coinpedia Fintech News
To draw additional utility to the Terra Classic (LUNC) chain, Edward Kim, a lead developer at Terra Rebels proposed the Terra Classic Grants Program. The program will ensure that funds are used effectively and transparently for the community pool. In addition, he suggests taking on the role of grants program director.
With the community, validators, developers, and users, the Terra Classic Grants Program will identify and discuss Terra Classic advancements and grant applications. The procedure entails producing, promoting, and evaluating accepted grant applications. Also, an interview and KYC are mandatory for grant proposers.