A revival of Luna Classic in 2023 would make an epic crypto story of redemption.

The problem is that Luna Classic holders can't agree on how they'll get there. Without an organisation like Terraform Labs leading LUNC blockchain development, Luna Classic does not have a steady course set for the next 12 months.

If you've invested in Luna Classic, you could get lucky. Or lose everything.

Here are 3 things we know about what the Luna Classic roadmap is in 2023.

1. LUNC burn rate falls -51% – and won't rise again

Who could ignore the Luna Classic price pump that took place at the beginning of September?

LUNC pumped over 500% in price. Its market cap raced past the $1 billion mark, almost pushing LUNC back in the crypto top 20. And it was all based on the news that Binance would implement a 1.2% burn tax on LUNC trading.

The first burn was incredible: over 5.5 billion LUNC burned in a single week of Binance trading.

But then the community voted to slash the burn tax from 1.2% to 0.2% of all trading. It passed. And in the whole of November just 9.2 billion LUNC was burned. In 2023 this kind of monthly burn will have no impact on the LUNC price – it's just 0.15% of the supply.

Comparisons have been made between Luna Classic and EverGrow. (In short – hit altcoin EverGrow is on track for $1 in just a few years thanks to an incredible burn mechanism, and it's worth only $0.0000001 today.)

If you thought Luna Classic would revive itself by burning, then you're better off just buying EverGrow: https://evergrowegc.com/ 

2. USTC repeg attempt 

The original 1.2% burn tax was put to vote by Terra Rebels.

TR are the leading unofficial development team working on Terra Classic right now. They're one of few characters who actually have a LUNC roadmap on the website. 

This roadmap suggest that TR will 'solidify the plan around an Algorithmic Fungible Token (AFT)'. Obviously this means there isn't a plan yet, but Terra Rebels plan to 'repeg the AFT' in Q1 of 2023. They plan to then 'establish new capital controls' and 'partially collateralise the AFT'.

How will they do this?

Nobody knows. 

Here's what it says in the whitepaper: "The [repeg] is beyond the scope of emergency measures that need to be taken immediately and will be addressed more thoroughly in a different document."

We're waiting for that document.

3. New wallet/ Station

December is a decisive month for LUNC.

Terra Rebels put a vote out that would pay them $150k to make their Rebel Station fully independent from Terraform Labs.

Here's the reason why it's necessary:

"This community pool spend proposal from Terra Rebels is concerned with ensuring that the community retains access to their wallets through Rebel Station after TFL replace Terra Station with a new wallet application, Interchain Station, with which Terra Classic is not compatible without extensive and costly L1 development work."

LUNC DAO also said the new TFL Inter Station wallet would 'end Station wallet support for Terra Classic'.

It effectively means that anyone with USTC or LUNC held on a Terra Station could lose access to their tokens by December 14th. Terra Rebels quickly moved into action to provide an independent solution allowing users a wallet to store their Terra Classic tokens.

Currently the Terra Rebels vote is not passing. 

There's not a lot of consensus on what's going to happen next. Some believe that the new Inter Station from TFL will be Classic compatible. Others believe that Terra Rebels are trying to grab people's money without reason. 

If there's anything we can know about the Luna Classic roadmap in 2023, it's that there isn't one yet.