THE IMMINENT RECOVERY OF THE LUNA-CLASSIC PROJECT

Greetings and welcome dear readers of this prestigious platform, today we are back with another topic associated with the world of decentralized finance and blockchain in general, so we will be addressing some principles associated with the scalability that has been presenting the classic Terra-Moon project, after the collapse of the traditional Terra that we all know.

In this sense, it is necessary that each of the users who read these lines of writings, enter into context and remember that the Terra-luna project, was listed as one of the most important in the Blockchain world and whose currency reference to Luna was one of the fastest growing, product of the effectiveness of the network and the percentages of profitability that were behind its stable currency also known UST associated with the project in question.

However, beyond the above, it is also true that the project entered a process of destabilization that collapsed the value of its native currency Luna and all product of its stable currency lost parity with the dollar, which caused an imminent fall that came to generate that the price of this great project reach practically to the subsoil.

In this sense, the main CEOs associated with the project, decided to make a bifurcation as a measure to try to solve the heavy economic losses of the users and that is how the classic Moon and the new moon after the bifurcation arose.

Based on the above and in context, we will focus our attention on the classic Moon, which for many had been forgotten since the main developers would focus on the New Moon generated and the previous one would be left in the hands of the community so that they could decide what they were going to do with it.

However, part of the community still believes in the possibility of generating good projects based on the technological development that the network associated with classic Luna presents, so they have decided to carry out different processes that allow them to gradually improve the debacle that has occurred in this economic system over time.

Hence, they have decided to implement several measures to recover the confidence and part of the economic incentives behind the project and in their action map stand out measures such as: generating a 1.2% burning system for each of the transactions that are executed on the network and it is projected to be extended to the different exchanges where this crypto currency is still traded, a measure that intends to be implemented as of September 12 of this year and that undoubtedly can further boost the value in the price of this currency.

Likewise, in the route or action map presented by the community, we intend to seek the necessary measures to stabilize the stable UST currency so that it can once again achieve parity with the dollar and consequently promote new projects that run on the network and allow users to obtain better guarantees.

Without fear of being wrong, this will be a slow process, however, I believe that they are executing good actions that will lead the technological development of the network and that will allow investors to continue betting on Luna Classic, so that under the above parameters, the constant evaluation will be the basis for learning that will allow us to determine the importance of the measures taken to date and that represents the guarantee of a substantial growth of this project.

Undoubtedly this is important news, with long term projections for the classic Terra-Moon project, and in this sense, speculations have not been long in coming, since from the information provided by the community, since from August 26th of this year we have been able to observe an increase of more than 390% in the value of the price of the coin and the volume of capitalization and the volume of the market associated with it, This allows us to visualize that the project is not dead yet, so the call is to constantly review and look for opportunities based on the alternatives that the classic Luna community is proposing to us.

Grateful with the community @project.hope and with all the management team of the same one that they motivate us to continue working in a mutual and balanced growth.