🌎In 2025, approximately $150 billion worth of longs and shorts were liquidated, averaging $400–500 million in forced liquidations with leverage daily, according to CoinGlass.
#TerraClassic on the chain completed the government proposal 12209 “Lunc Forex Genesis + EUTC Repeg” and with the majority of votes from validators accepted “FOR”.
#TerraClassic Terraform Labs filed a lawsuit for $4 billion against Jump Trading, accusing the company of market manipulation related to the collapse of Terra (UST/LUNA) in 2022, according to WSJ.
#TerraClassic The chain governance proposal 12208 has concluded and was accepted by a majority of validators with "FOR". The chain update will take place on December 18, 2025.
#TerraClassic a new vote has been opened on the chain, the LUNC FOREX module is a multi-currency stablecoin system with full backing, built directly on the Terra Classic platform.