The Terra Luna Classic community is voting on a proposal to pay developer Frag for technical audits and developments under proposals 12165 and 12166.
Discussions on SubDAO System and Maturity Mechanism
Proposals 12165 and 12166 aim to improve governance and fund distribution mechanisms in the Terra Luna Classic ecosystem. Proposal 12165 includes establishing a SubDAO model to increase community involvement in decision-making. Proposal 12166 plans to introduce a maturity mechanism for more secure and transparent fund management, ensuring resources are used for their intended purposes.
Community and Market Opinions
The Terra Luna Classic community is divided between supporters of a transparent governance model and critics of developer payments. Statements from popular validators like Vegas support payments to developers, clarifying they have no professional ties to Frag. Market movements of LUNC are closely monitored, with LUNC gaining 1.2% in the last 24 hours, trading at $0.00006483.
Implications for Terra Luna Classic Ecosystem
Following the collapse of the Terra protocol in May 2022, the LUNC ecosystem is in a reconstruction phase, sparking discussions on topics like developer payments to regain community trust.
Voting and discussions within the Terra Luna Classic community continue, aiming to establish fair governance and fund distribution for sustainable ecosystem development.
