Terraclassic Blockchain Network Upgrades to v3.3.0 with Multi-Exchange Support Achieved
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Terra Classic V3.3.0 Launches with Multi-Exchange Support
As of December 17, the Terra Classic blockchain network has successfully implemented its latest upgrade to version 3.3.0, marking a significant milestone in its ongoing development. The upgrade’s primary focus lies in simplifying tax handling through automated deductions and enhancing developer tools.
Notably, this improvement is backed by major cryptocurrency exchanges, including Binance, Bybit, and OKX. This widespread support underscores the collaboration between Terra Classic and prominent market participants. As a result, users can expect seamless integration across various platforms with minimal disruption to their trading activities.
In a statement, Binance emphasized its commitment to facilitating a smooth transition by temporarily suspending LUNC token deposits and withdrawals during the upgrade period. Trading operations, however, continue uninterrupted, allowing users to maintain normal trading activities.
The new v3.3.0 version of Terra Classic prioritizes three core areas: increasing network utility, consistently burning tokens, and progressing towards USTC repeg goals. This comprehensive approach aims to strengthen the overall ecosystem and foster a more stable environment for stakeholders.
Market indicators suggest that LUNC remains above critical support levels, exhibiting resilience in the face of recent market fluctuations. Staking activities have remained consistent, indicating continued confidence among long-term holders.
The success of this upgrade is a testament to the community’s unwavering dedication to enhancing network functionality. The collaboration with major exchanges has ensured wider adoption and accessibility for users across various platforms.
In conclusion, the implementation of Terra Classic V3.3.0 represents a crucial step in the ecosystem’s development, further solidifying its position within the blockchain landscape.
The views expressed are those of the author and do not constitute investment advice.
Source: blockonomi.com
