We are committed to development in the LUNC chain. We want to ideate ways to improve the chain and create decentralized money. We believe BSV is Bitcoin and Repegging USTC would be the greatest marketing for it. We just want to make sure we're not helping create a monster. So we ask the community to: 1 - Commit to not add any protocol-level taxation or burning system 2 - Price cap LUNC to $1 through UST->LUNC minting. We may transition to another asset at some point at $1 worth at the time of the transition 3 - Add BSV as a backing for UST More details here: https://commonwealth.im/terra-classic/discussion/12732-make-lunc-the-bank-satoshi-would-want
Submitted
15 Aug 2023, 15:29:55 UTC
Vote closed
22 Aug 2023, 15:29:55 UTC
Not approved
The proposal did not produce an approved governance action.
Current or final voting power, calculated from the on-chain tally.
Quorum
Not reached
Objective network measurements at vote close plus 7, 30, and 90 days. Missing history is shown honestly, never backfilled with estimates.
Manual success criteria required
This proposal does not map cleanly to a chain-wide metric. Delivery evidence must come from its stated milestones.
/cosmos.gov.v1.MsgExecLegacyContent/cosmos.gov.v1beta1.TextProposal27.14% participating
Approval
Below threshold
0.11% decisive Yes
Veto
Below threshold
0.07% of participation
What this message can change—not a prediction of price.