Terra Luna Classic announces Bug Bounty program: Will LUNC be $0.001?

The Terra Luna Classic community-supported core developer group Joint L1 Task Force (L1TF) has proposed a bug bounty program that invites security researchers, ethical hackers, and developers to identify and report vulnerabilities in the Terra Luna Classic network. The reward will come only from the funds LITF receives from the community.
What is the Terra Luna Classic Bug Bounty program?
Joint L1 Task Force project manager LuncBurnArmy announced on his Twitter account that the “Luna Classic Bug Bounty Incentive Program” proposal numbered 11602 has been put to the vote. In Q3, the developer group LUNC and USTC focus on reducing circulating supply, while aiming to address bugs in the Terra Luna Classic network. Some members claim that there has been an increase in bugs after recent updates.
A bug bounty program, according to the proposal, would increase security and network stability, encourage collaboration and functionality, and reward contributors for detecting and reporting vulnerabilities. Rewards will be paid by L1TF and no separate community spending proposal is required for the bug bounty program. Initially, L1TF plans to allocate 50 million LUNC in Q3.
The bug bounty program is open to all community members, external developers and security experts. It requires participants to comply with legal and ethical standards, such as responsible disclosure and avoidance of public disclosure of security vulnerabilities and avoidance of malicious activity.
The prizes planned under the offer are as follows:
Confirmed Station Error: 150,000 LUNC
Station Bug confirmed with developed patch: 1M LUNC
Verified L1 error: 300,000 LUNC
Confirmed vulnerability (Station): 300,000 LUNC
Vulnerability confirmed with developed patch (Station): 1M LUNC
'Day-zero' critical vulnerability reported: 5M LUNC
'Zero-day' critical vulnerability patch developed, tested and validated: 20M LUNC
So far, the Terra Luna Classic community and validators have supported the proposal. JESUSisLORD received 100 percent “Yes” votes from members and validators like Lunanauts and DFLunc. The community recognizes the need to increase the security of the network amid various developments.
The Terra Luna Classic community pool balance also dropped significantly as the community accepted three community pool spending offers.
Will the LUNC price recover?
LUNC price is trading sideways and the price is currently trading at $0.000087. The lowest and highest price in 24 hours is $0.0000866 and 0.0000886, respectively. However, the trading volume has increased slightly in the last 24 hours.
LUNC price continues to move between the convergent trendline of the triangle formation. Breaking the triangle pattern will bring bullish momentum to push LUNC price to $0.0001.
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