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Terra Classic (LUNC) Developers Edward Kim, Zaradar Leave Terra Rebels

Terra Classic (LUNC) price starts falling as core developers Edward Kim and Tobias Anderson left the Terra Rebels developer group.
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Terra Classic (LUNC) Developers Edward Kim, Zaradar Leave Terra Rebels

Terra Classic (LUNC) core developers Edward Kim and Tobias Anderson have left the Terra Rebels volunteer developer group. Terra Rebels announced reducing the number of inactive team members to increase efficiency.

However, the Terra Classic community is disappointed with the latest decision as it leaves crucial members such as Edward Kim and Zaradar out from the developments. As a result, the LUNC price has now started to fall further.

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Terra Classic Developers Leave Terra Rebels

Tobias Anderson or Zaradar in a tweet on December 19 announced leaving the Terra Rebels group due to disagreements with the recent governance discussions on funding.

“I have renounced my position in Terra Rebels due to an inability to align with the most recent governance discussions on funding. As a result, I have been removed from GitHub and can no longer service PRs.”

Validator LUNC DAO responded to the reduction in Terra Rebels members and shared concerns over not retaining key contributors Edward Kim and Zaradar. LUNC DAO believes Terra Rebels are not eligible for $150,000 provided from the community pool without key contributors in the group.

Another developer Duncan claimed he left the Terra Rebels because of shifting to a corporate structure. Despite 25-65 people in the group and “internal governance doesn’t have a quorum and passed with 7 yes votes.”

According to ClassyCrypto, the Terra Rebels is now reducing to just 12 members. These include Raider70, ReXx, Vegas, ClanMudhorn, EchelOn, and others. Terra Rebels will pay these 12 “active” members and the rest “inactive” members will be paid a stipend for their contributions and contracted based on the project.

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LUNC Price Continues To Fall

The Terra Classic community is disappointed by the decision of Terra Rebels. As a result, the Terra Classic (LUNC) price has tumbled 3% in the last 24 hours and 17% in a week. The LUNC price is currently trading at $0.0001381, the lowest recorded in recent times.

Some believe this could be the end of LUNC as it’s unclear if Edward Kim and Zaradar will work on the Terra Classic developments. Meanwhile, others criticize Terra Rebels for not going with the v23 upgrade and switching focus to Rebel Station.

Also Read: Here’s How Much Your $100 Investment in Terra Classic Will Be Worth If LUNC Reaches $1

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Varinder Singh

Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.

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