# EUTC

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The Lunc Forex Genesis team's EUTC Repeg proposal is being evaluated by $LUNC validators.
Voting will end today, and the proposal will be accepted. Terra Classic is a rich blockchain. There are many alternatives... Along with $EUTC, a Euro-pegged stablecoin, $LUNC will become even stronger.
There will be no community pool funding payments after this proposal is accepted. This may happen in later stages, but it requires a community vote.
This proposal doesn't diminish the importance of USTC. It's the first step in preparing EUTC for LUNC.
StrathCole is also involved in the work. We've become ac
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