- Validator LuncLive proposes new proposal 12013 to override pay-for-work system, seeks clarity and progress.
- Preliminary voting results show division: 25% in favor, 46% “No with veto”, decisive for Terra’s future.
The Terra Classic community faces a dilemma with the recent vote to override proposal number 11889, related to the pay-for-work system. This proposal, initially created to boost development in the Terra Luna Classic chain, has generated controversy and divisions among validators, who argue that it rather hinders progress.
Validator LuncLive has introduced a new proposal, number 12013, which seeks to repeal proposal 11889. This move comes as a response to divergent interpretations of the original proposal, which have caused confusion and halted development within the community. Proposition 12013 is currently being voted on in the Station wallet, and the period for casting votes ends on February 5.
The main objective of repealing Proposal 11889 is to remove the uncertainty and resume normal operations and decision-making processes within the Terra Classic community. The proposal also suggests the need to develop a revised and more appropriate version of the pay-for-work system.
Preliminary voting results show a division of opinion among community members. With 25% voting in favor, 1% against, a significant 46% opting for a “No with veto” and 28% abstaining, it is clear that there is considerable resistance to similar proposals in the future.
This situation highlights the challenges facing the Terra Classic community as it attempts to reach consensus on best practices for governance and development. The final decision on proposal 12013 will be crucial in determining the future direction of the Terra Luna Classic chain and its ability to adapt to the changing needs of its ecosystem.
The community is awaiting the final results, which will have a significant impact on the direction and focus of the network in the near future.
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Source: https://www.crypto-news-flash.com/terra-classic-debates-repealing-proposition-11889-for-hindering-development-vote-currently-in-process-ends-feb-5/?utm_source=rss&utm_medium=rss&utm_campaign=terra-classic-debates-repealing-proposition-11889-for-hindering-development-vote-currently-in-process-ends-feb-5