Terra Classic Proposes Market Module 2.0 to Revive USTC and LUNC Swap Mechanism
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Terra Classic has introduced a draft proposal for Market Module 2.0, aiming to restart the swap mechanism between USTC and LUNC. The updated module incorporates a net deflation mechanism and features automatic adjustments to prevent manipulation through outdated pricing.
The primary objective of Market Module 2.0 is to ensure a continuous reduction in supply, facilitating stable token burns for LUNC and USTC every 30 days. This is achieved by managing the base pool and the pool recovery period, which are crucial for maintaining the desired supply dynamics.
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