The Terra Classic proposal seeks to re-peg USTC in a long-term approach by charging divergence fees on trades and using them to buyback the asset. The Terra Classic (LUNC) community is once again deliberating on a new proposal that aims to re-peg TerraClassicUSD (USTC) to the dollar. This proposal, put forth by a member of The post Terra Classic Makes Final Push Towards USTC Re-peg first appeared on The Crypto Basic .