Terra Classic (LUNC) Proposal 11030 Gets Green Light From Community

Terra Classic (LUNC) Proposal 11030 Gets Green Light From Community
  • Terra Rebels recommended isolating the Rebel Station from TFL’s backend infrastructure.
  • Over 71% of voters supported the proposition, while less than 6% did not.

Separating the Terra Classic (LUNC) community from Terraform Labs and Do Kwon. As proposed by the Terra Rebels in their contentious Proposal 11030, seems to be turning into reality. In fact, as Jared of TFL pointed out before, splitting Terra Classic apart from Terra (LUNA) is the best option.

Since TFL is developing a new cross-chain “Station” wallet and may soon cease support for Terra Station. The volunteer development organization Terra Rebels recommended isolating the Rebel Station from TFL’s backend infrastructure and assets.

Rebel Station’s separation from TFL’s backend assets and infrastructure. Which was the subject of the contentious Proposal 11030 by Terra Rebels, would cost 937,500,000 LUNC, or about $150,000. The plan is included in the Terra Classic Revival Roadmap, which aims to free the company from TFL and its founder, Do Kwon.

Over 71% of voters supported the proposition, while less than 6% did not. Due to the contentious nature of placing Terra Classic’s development in the hands of a group of unpaid volunteers, over 20% of voters chose not to participate.

Now that Terra Rebels has decided to focus only on Rebel Station, the management of Terra Station has been handed over to the TerraCVita development group. In a tweet, TerraCVita said that they had voted against the plan because they think they can keep TerraStation running for free, therefore saving the community $150,000. The Terra Station is presently being maintained by the development team in conjunction with TFL and the Allnodes validator.

With 36 validators voting in favor, it seems like Proposal 11030 will pass. Moreover, the proposal has received 12 “No” votes from validators. 

Source: https://thenewscrypto.com/terra-classic-lunc-proposal-11030-gets-green-light-from-community/