In a bid to simplify transactions and address existing issues, Terra Luna Classic's developer group, Genuine Labs, has proposed implementing the Tax2Gas system. This move aims to integrate the tax into the gas, eliminating the need for separate calculations and handling. The suggestion comes after popular developer StrathCole and Genuine Labs recommended the Tax2Gas approach for the Terra Classic chain.

The current burn tax, introduced in 2022, has been plagued by issues, including manual calculations and adjustments for contract developers and clients. This has led to cumbersome migrations and potential re-audits. Genuine Labs believes Tax2Gas offers a straightforward and efficient solution, tackling these problems and preventing attacks using e2e-test.

The proposed plan involves a 5-week research, development, and testing phase, with a budget of $25,000 in LUNC. Developers will submit spend proposals during the implementation phase and after completing tests. If successful, Tax2Gas will replace the current burn tax system, which has a 0.5% tax rate, with 80% going to burn and 20% distributed to the Community Pool and Oracle pool.

The Terra Luna Classic community has responded positively to the proposal, with the price of LUNC jumping 2% in the last 24 hours to $0.0001187. Trading volume has also increased, indicating growing interest among traders. Meanwhile, USTC has seen a 3% price increase, with a 22% rally over the past week.

In conclusion, Terra Luna Classic is poised to revolutionize its tax system with Tax2Gas, streamlining transactions and addressing existing issues. With a clear plan in place, the community is optimistic about the future of LUNC and USTC, with prices already showing signs of growth.