Terra Classic [LUNC] staking goes live but will it be hindered by the ghost of its past?

ambcrypto.com:

Terra Classic [LUNC] is making headlines once again and this time it is for the right reasons. The network just launched LUNC staking and has so far reported overwhelming interest. A step in the right direction in its recovery path but will its recent negative history stand in the way of its progress?

Terra Classic developers have been hard at work trying to revive the network. The staking facility has been one of the most anticipated developments as part of the network’s milestones.

Latest reports reveal that the newly launched staking facility is off to a healthy start. This is good news and it highlights the strong support that the network has received from its community.

The staking feature went live as part of Terra Classic’s V22 network upgrade. Current reports have confirmed that more than 1% of LUNC’s supply has already been staked within 24 hours after the upgrade. This outcome signifies that there is still a lot of faith in the project.