Terra Classic (LUNC) Completes Interchain Station Integration
- The head developer also indicated that further features would be released soon.
- This update will make it possible for blockchains of different types to connect.
The price of the Tera Classic (LUNC) cryptocurrency has risen dramatically after a recent integration with the Interchain Station platform. Jared, the chief developer at Terraform Labs, made the news on his Twitter page. Saying that the renamed Terra network would be working with a number of other blockchains, including Osmosis, Juno, and SEI.
Station enters the interchain! Live now!
Refresh your browser, close and open your desktop, and webapp.
More features are on the way, and mobile is our next focus. pic.twitter.com/xFeECEJOpL
— Jared_TFL (@Jared_TFL) January 14, 2023
In addition to SEI, Mars, and Pisco, Jared said that other chains would soon be joining the Interchain Station. This update will make it possible for blockchains of different types to connect with one another in a seamless way at all times.
Breakthrough in Chain Integrations
The head developer also indicated that further features would be released within the following few days. With the key emphasis being the release of the mobile wallet. The station now supports the mainnets Luna, Lunc, Osmosis, Juno, Kujira, Carbon, HuaHua, and Cresent.
After the TFL team tweeted about a “breakthrough in chain integrations” on January 10. The price of Terra Classic (LUNC) increased by approximately 3%. The latest update follows the LUNC community’s efforts to bring life back to the dying project. A blockchain that was born out of the doomed Terra ecosystem. Developers on the DeFi platform will now have easier access to oracle data from different chains with the new station wallet and its use of the interchain feature.
To start out 2023, the Terra Classic network took a huge hit when cryptocurrency exchange KuCoin said it will not be delegating almost 48 billion LUNC tokens. The LUNC community has responded by voting in favor of and enacting new governance measures that will improve the network as a whole. Recently, the Terra ecosystem has begun using token burns to stimulate on-chain activity.