Luna Classic: What Is Terra Luna Classic (LUNC)? Luna Classic | 🥂PARTY

Luna Classic: What Is Terra Luna Classic (LUNC)?
Luna Classic (LUNC) looks set to launch this month after TerraForm Labs founder Do Kwon put forward a Luna fork plan for a new Terra Luna chain.

As part of the Luna recovery following the Luna crypto crash, the proposal will separate the existing chain through forking. This will then deliver a brand new chain to the Terra ecosystem.

The proposal further added that the old chain will remain - dubbed as Terra Classic - alongside its token, Luna Classic.
What is Luna Classic?
Luna Classic (LUNC) is the original Terra Luna token to be left behind following a fork to a new Terra chain after the recent UST/Luna collapse.
Kwon's grand plan for recovery will introduce a hard fork that will split the existing Luna Chain. It will introduce a brand new chain to conduct future transactions on.

This will leave behind Luna Classic and the Terra Classic chain. The new chain produced after the fork will carry the Terra name, as will its Luna token.