“Working Hard Quietly or is It Over” – Gokhshtein Questions LUNC Community’s Recent Quietude.

David Gokhshtein wonders if the decline in social mentions of Terra Classic (LUNC) indicates an end to the community’s campaign or if proponents are working silently.

The Terra Classic (LUNC) community had positioned itself as one of the most vocal communities within the crypto scene as the campaign for the revival of LUNC gained momentum, with a massive surge in social mentions and the asset’s social dominance. 

Notwithstanding, a recent decline in the asset’s social mentions indicates a quietude within the camp. Early critics such as the founder of Gokhshtein Media, David Gokhshtein, wonder if this marks an end to the community’s once-spirited campaign or if they are cooking something behind closed doors.

Gokhshtein who had at the initial stages of the LUNC community’s campaign forecasted a premature demise to the asset’s newly-found rigor, recently pondered aloud if his prediction has materialized.

“LUNC community is a bit quiet now. Working hard quietly behind the scenes or is it over?” Gokhshtein asked in a tweet on Monday, attracting mixed reactions from asset advocates and critics alike.

$LUNC community is a bit quiet now. Working hard quietly behind the scenes or is it over?

— David Gokhshtein (@davidgokhshtein) October 24, 2022

Several responses have poured in as proponents attempt to air their opinion on the asset weeks after its latest rally. While most critics believe the once-spirited campaign has seen its terminus, members of the LUNC community insist they are still on the campaign to revive the asset, just working quietly.

A proponent, in particular, highlighted that despite the mild decline in social mentions, the asset has periodically trended on Crypto Twitter, pointing out its latest position on the trend table on Sunday. Gokhshtein replied, “Trending and doing something are two totally different things.”

Right from the jump, Gokhshtein has expressed his indifference towards Terra Classic. The former US Congressional candidate previously called the asset a lottery ticket without utility amidst its latest rally, as The Crypto Basic reported last month.

Meanwhile, one of the most influential officials of the Terra Rebels replied to Gokhshtein’s sudden curiosity. “We are working quietly on something massive … talkers talk, builders build,” ReXx of the Terra Rebels replied in a quote to Gokhshtein’s tweet.

We are working quietly on something massive … talkers talk, builders build.#LUNC ❤️ https://t.co/3cE6zZEhjX

— Rexyz (@RexYellerBelly) October 24, 2022

Notwithstanding the drop in social mentions and a perceived decline in development activities, the LUNC community continues to work tirelessly to ensure the asset’s complete revival.

Following the discovery of a decline in the asset’s volume due to the implementation of the 1.2% tax burn initiative, the community engineered a review of the burn rate to 0.2%, passing a proposal to implement the reviewed rate.

Furthermore, the LUNC community’s desire to see the asset listed on the American financial services platform Robinhood has been exemplified in recent calls. On a recent crypto listing spree, Robinhood asked the public which assets to list next. LUNC proponents stormed the comment section as they presented the asset. In addition, the community has launched a petition to call for the asset’s listing.

Terra Rebels are set to combine the two competing repeg proposals into the ultimate repeg plan.

In an Ask Me Anything (AMA) session hosted hours ago by WSB Trader Rocko, Terra Classic core developer Tobias Andersen AKA Zaradar, revealed that the Terra Classic developers are working on a new repeg proposal.

According to Zaradar, the new proposal combines his proposal with the one made by Alex Forshaw. Notably, Forshaw and another team member, Max, are working to make this a reality and put to bed the recent debates surrounding the matter.

Unsurprisingly, the new proposal will require no new Terra Luna Classic (LUNC) minting.

“Alex and Max, they will work on an integrated proposal,” said Zaradar. “So we can sort of put that whole debate to rest, and you know, have a shared vision on how to fix this that will avoid printing more LUNC that will avoid neglecting USTC’s role as our reserve currency.”

Additionally, the LUNC core developer asserts that TerraClassicUSD (USTC) will serve as the network’s reserve currency based on this plan. Furthermore, according to Zaradar, the developers will also likely create a commodity token whose sale will help to strengthen the Treasury or community pool further.

“So in the joint proposal, USTC would be the reserve currency for everything,” said the Terra Classic core developer.

It is worth noting that the Terra Classic community has been engaged in debates for the better part of this month over the USTC repeg proposal that had a better chance of succeeding. Notably, the initial proposal from Forshaw evoked mixed feelings as it included a plan to mint more LUNC.

The reaction was unsurprising as bringing down the LUNC supply remains critical to the Terra Classic ecosystem recovery.

Notably, the first indication that developers could combine the competing proposals came when Edward Kim, another Terra Classic core developer, suggested running both proposals in parallel on the testnet.

It bears mentioning that should USTC reclaim the dollar peg, it would exponentially increase the rate of LUNC burns, creating a clearer path for holders to recover lost value. Notably, the USTC de-peg in May led to the Terra ecosystem collapse and wiped off over $60 billion in investor funds.