Terra Classic Community Divides On 1.2% Burn Tax, LUNA Merger
Terra Classic community witnesses crucial decision-making moments as LUNC developers re-enable Inter Blockchain Communication (IBC) with Cosmos blockchains. Meanwhile, the community remains divided on whether to increase the burn tax parameter from 0.2% to 1.2% amid the IBC reopening and whether LUNC should merge with LUNA. With the developers reopening IBC channels at block 10,542,500, estimated on December 5, Proposal 10960 aims to increase the burn tax to 1.2%, with taxing 0.96% as the on-chain burn fee and allocating 0.24% to the Community Pool.
Source
https://t.me/Terra_Luna_Tron
