馃敡 Terra Classic DEX Wrapping Contracts Enter Devnet Testing

馃敡 Wrapping Contracts Hit Devnet

By CZodiac
Mar 30, 2026, 2:35 PM
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Terra Classic's wrapping contracts have entered devnet testing phase after completing unit tests.​ The contracts are being tested on the cl8y-dex-terraclassic repository.​

Key Features:

  • 1% wrap/unwrap fee split equally between UST1CMM.​com treasury (50%) and onchain burn tax (50%)
  • Wrapped tokens can be traded on cl8y DEX without onchain taxes
  • Designed to increase locked USTC and LUNC in treasury while supporting USTR repeg

Benefits:

  • Supports ecosystem burn mechanism
  • Increases onchain demand for USTC and LUNC
  • Encourages liquidity provision without reducing trading volume
  • Addresses memecoin preference for non-LUNC/USTC pairs

The development team is seeking community feedback before deployment, as this is the optimal time for design adjustments.​ The core DEX features including fee tiers, TWAP oracles, and LP provisioning have completed devnet testing and are now in QA phase.​

Sources

The wrapping contracts are now in devnet testing - unit tests have been completed. The contracts are updated in the ustr-cmm repository, but e2e, devnet, and qa testing is on the cl8y-dex-terraclassic repository as this is where the contracts will primarily be used via the

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First real value CL8Y transfer between BSC and TerraClassic complete! You can verify yourself on the link below. Please be cautious using this until I give the go-ahead tomorrow - we are doing final QA checks today to make sure everything is smooth (already fixed a couple of

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