The Terra Classic (LUNC) community has commenced voting on a major network security and efficiency upgrade. Concurrently, the Ripple (XRP) community has entered a 14-day waiting period to see if most validators will support the proposed XRP Ledger (XRPL) amendments. Like both networks, ETFSwap (ETFS) also brings exciting developments to its community.
Terra Classic (LUNC) Community Votes On V3.1.5 Upgrade, Ripple’s XRP Ledger Amendment Enters 14-Day Activation Window Pending Validator’s Votes
Terra Classic (LUNC) has developed a major upgrade, dubbed v3.1.5, which is expected to enhance critical network infrastructure such as wasmd and wasmvm, and several security patches will be implemented. If the community votes in favor of the upgrade, Terra Classic (LUNC) will initiate a chain halt at a block height of 19,850,000 blocks on September 18 so validators and other infrastructure stakeholders can implement the proposed changes, facilitating a smooth transition to the improved infrastructure for the general public.
Early reactions from the Terra Classic (LUNC) community have reflected a generally positive outlook on the upgrade, as they voted to support it. Several Terra Classic (LUNC) community members have also expressed optimism about the network’s revival through the upcoming upgrade. Terra Classic (LUNC) is trading at $0.00008145, a 6.57% increase over last week’s price.
Meanwhile, the Ripple (XRP) community waits with bated breath as a major amendment to the XRP Ledger enters the 14-day activation window. The new update, fixAMMv1_1, is expected to fix the network’s Auto Market Maker (AMM) feature, allowing for decentralized trading directly on the XRP Ledger.
For the amendment to become a reality, the validators and nodes maintaining the Ripple (XRP) network must reach a consensus with an 80% approval threshold. Notably, 29 of the 35 validators have voted yes to the amendment, indicating an 82.86% approval rate. If the larger approval rate is maintained for the next two weeks, the amendment will become active on the XRP Ledger.
The Ripple (XRP) community has expressed positive sentiments about the upcoming feature upgrade to the XRP Ledger. On September 10th, following XRPScan’s announcement of the amendment on X (formerly Twitter), Ripple (XRP) traded at its highest in three days.
ETFSwap (ETFS) Champions Innovation In DeFi
ETFSwap (ETFS) is a DeFi platform allowing users to swap their cryptocurrency with exchange-traded funds (ETFs). The platform collaborates with MiCA-compliant regulated investment banks to deliver hybrid institutional assets so traders and investors can engage with them. The assets offered on the platform represent a vast array of industries, including healthcare, agriculture, energy, metals, and more, giving investors a unique opportunity to diversify their portfolios.
ETFSwap’s (ETFS) foundational infrastructure is based on the Ethereum blockchain, renowned for its robust security and scalability. ETFSwap (ETFS) further builds on this layer of security, taking extensive measures to ensure investors’ security. Cyberscope, a cybersecurity auditing firm, thoroughly audited the platform and found no significant security vulnerabilities.
ETFSwap (ETFS) also protects its users’ data by eliminating the need for users to complete KYC verification when they sign up on the platform. Instead, they simply require their email address, which is then stored under several layers of security for account access only and is not shared with anyone.
The ETFSwap (ETFS) platform contains many cutting-edge tools and features that assist traders and investors to trade profitably. The platform’s innovative market-making algorithm ensures all orders are executed at the best possible prices by tightening spreads and minimizing slippage. ETFSwap’s (ETFS) AI-powered ETF Screener and ETF Tracker analyze market history to extract insights that enable investors to make better-informed decisions.
ETFSwap’s (ETFS) Innovative Native Token Is On Presale
The ETFSwap (ETFS) token’s extensive utility within the ETFSwap ecosystem and its incredible presale run have caused analysts to predict a massive 4,680% surge for the token soon. To position yourself for these perks and enjoy massive returns, use the ongoing 50% bonus promo to accumulate more tokens.
For more information about the ETFS Presale: