NewsletterBreaking: Early Terra Luna Classic Developers Seek Return To Revive LUNC & USTC To $1
Terra Rebels developer group and its spinoff Hexxagon want to clear the air and move forward with strengthening the Terra Luna Classic community and continue building on the chain. Terra Luna Classic core developer Joint L1 Task Force (L1TF) recent partnership with Hexxaon for building and managing a community-owned wallet caused renewed FUD in the community.
Terra Luna Classic Developer Group Clears Air On FUD
Hexxagon in a post on August 3 said it wants to clear the Terra Luna Classic community’s concerns and doubts regarding the team having members of Terra Rebels and what caused the collapse of Terra Rebels.
“We would like to clear the air and move forward, put the past behind us and work together with everyone willing to continue building for the #LUNC community, through honesty and transparency is the only way forward!”
It believes that the $150k spend proposal approved by the community to Terra Rebels was a flat-rate project price, despite the complexity and time constraints of the project. Also, the discord moderators and non-technical people were paid due to their contribution, with the completion of services and apps within the stipulated time.
It clarifies that only 3 people sent funds back, with one directly sending it to the community pool. ReXx sent all funds directly back to developer “echel0n“. Moreover, K_raucks split some funds between echel0n and another team member, while Yogabba sent funds back to the community pool.
The dispute caused the community to lose trust in the early developer group for the goal to revive Terra Luna Classic after the May 2022 Terra-LUNA crisis. However, core developers Edward Kim and Tobias “Zaradar” Anderson leaving Terra Rebels mostly impacted the Terra Classic Revival Roadmap. Later, professor Edward Kim and the community established the Joint L1 Task Force, with Zaradar as the lead developer.
Also Read: Professor Edward Kim Transfers Admin Access To Terra Luna Classic L1TF
Can the LUNC Community Trust Hexxagon?
Yogabba, who is likely now with Edward Kim’s Block Entropy, shared that Hexxagon’s post is false. He returned funds to the Terra Rebels wallet, not the community pool.
The community has many questions for Terra Rebels and Hexxagon which include transactions of funds returned to the community pool, Neblio deal, VentiSwap deal, and others.
LUNC price fell 2% in the past 24 hours, with the price currently trading at $0.000079. Meanwhile, USTC price trades at $0.015, down 5% in the past 24 hours.
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