The Terra Classic independent development team intends to seek support from Binance for industry relief funds
ChainCatcher news, the Terra Classic independent development team TerraCVita is seeking community opinions and plans to seek funding support from Binance's "industry recovery plan," which has currently received the consent of the majority of the community. Terra Classic validator BetterLunc also supports the proposal and emphasizes that Binance has always been committed to helping DeFi projects.According to previous news from ChainCatcher, TerraCVita completed a $1 million financing in January this year, aimed at promoting the development of its decentralized finance project "Terraport." Binance announced the launch of a $1 billion "industry recovery fund" last November, which will be entirely in BUSD; in February this year, the fund completed its first transfer of nearly $15 million. (source link)
