Can LUNA, LUNC holders afford to dream of a rally owing to these updates

ambcrypto.com:

A new ecosystem expansion strategy was revealed by the Terra ecosystem governance team, which was made up of LUNA and LUNC. This strategy was the team’s attempts to restore the Terra ecosystem after the tragic event of its crash. Recall that the Terra debacle rocked the crypto space and wiped out billions of dollars, making some crypto service providers bankrupt.

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Preview: Terra Expedition | An Ecosystem Expansion Program

Summary: The Terra Expedition is a revised iteration of the Developer Minin…

— Terra Governance Alerts (@terra_agora) October 17, 2022

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Here’s AMBCrypto’s Price Prediction for LUNA for 2022-2023

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To encourage growth in the Terra ecosystem and address concerns with the initial proposal, the ecosystem’s developers suggested a new expansion program. The said program would allocate 95 million LUNA, which was around $248 million. 

The initial proposal was for 100 million LUNA to be distributed to the ecosystem, with 80% of that number going to mining rewards for developers. However, it is believed that there were only a small number of projects that had substantial total value locked (TVL) on the protocol. Furthermore, this plan would neither encourage healthy competition nor lead to a fair division of mining profits.

Miners’ rewards will drop from 80 million LUNA to 20 million LUNA under the revised plan. To encourage the development of decentralized exchanges on the Terra ecosystem,