Odaily News Terra Classic market module 2.0 (MM 2.0) is relaunched through a net deflation mechanism, automatically adjusting functions when supply contracts to avoid outdated price manipulation. The core goal of this module is to ensure a continuous reduction in supply and to achieve stable LUNC and USTC Token burns within each 30-day cycle by controlling the basepool and pool recovery period (PRP).

The Terra Luna Classic community has launched a new 'Reverse Fee' tax processing proposal, which changes the way taxes are deducted from transactions, making it simpler and more convenient. This mechanism deducts taxes directly from the transaction amount, eliminating the need for the sender to pay additional taxes, bringing convenience to developers and end users. The new tax system also supports backward compatibility, allowing DApps to still use the sender to handle taxes as needed.

Golden Finance reported that market data shows, possibly affected by the news of 'FTX is expected to distribute $16 billion to creditors in Q4', FTT briefly touched $2.99, now quoted at $2.72, with a rise of over 90% in 24 hours, breaking the bankruptcy concept zone; USTC is now quoted at $0.0256, with a 37.54% rise in 24 hours; LUNA is now quoted at $0.47, with a 15.68% rise in 24 hours; LUNC is now quoted at $0.00010419, with a rise of over 14% in 24 hours.

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