Genuine labs Terra Classic Development Proposal

## Introduction Our team, comprising two senior developers (Nguyen and Minh) and one junior developer (Dong), is committed to contributing to the Terra Classic ecosystem. With our extensive experience in the Cosmos stacks, we aim to enhance Terra Classic's importance in the Cosmos Ecosystem. ### Team Members - Nguyen (Senior Developer) - Minh (Senior Developer) - Dong (Junior Developer) ### Experience - Development of the Fee abstraction module. - Conducting Persistence audits. - Contributions to Osmosis, Quicksilver, Stride, and Composable. - Work on core repositories like Gravity-Bridge, IBC-Go, Cosmos-SDK. ### GitHub Profiles - [ExpertDicer](https://github.com/expertdicer) - [Pham Minh](https://github.com/phamminh0811) - [Dong Lieu](https://github.com/DongLieu) ## Proposal Overview We propose to work collaboratively with the L1 teams on Terra Classic, focusing on integrating and improving the IBC Hooks and Packet Forward Middleware (PFM) features, as well as enhancing the end-to-end testing and interchain testing for the fee tax charging mechanism. ### IBC Hooks and Packet Forward Middleware Integration **Objective**: Collaborate with L1 teams to integrate IBC Hooks and Packet Forward Middleware into Terra Classic, as outlined in the [branch](https://github.com/classic-terra/core/tree/frag/foundation). **Benefits**: - Enhancing liquidity and cross-chain DeFi applications through IBC Hooks. - Enabling multi-hop transfers and robust interchain applications with Packet Forward Middleware. - Facilitating direct dApp interaction on Terra Classic through IBC-hook token transfers. ### Improving and Integrating Testing Mechanisms **Objective**: Develop and integrate comprehensive e2e and interchain tests for the existing and upcoming fee tax mechanisms on Terra Classic. **Benefits**: - Ensuring the efficiency and reliability of the tax mechanism. - Simulating real-world scenarios for thorough testing. - Accelerating development and implementation processes. ### Codebase Maintenance - Collaborate with the existing Terra Classic teams to maintain and enhance the codebase. ## Development Plan ### Phase 1: Research and Development (4 weeks) - In-depth research on IBC Hooks and PFM. - Collaboration with L1 teams for module review and testing. - Development of e2e and interchain tests for IBC Hooks, PFM, and the fee-tax mechanism. ### Phase 2: Release and Documentation (2 weeks) - Preparation of developer documentation and resources. - Coordination with Terra Classic teams for the release of the updated version with new features and mechanisms. ## Estimated Timeline and Budget - *Duration*: 6 weeks. - *Total Budget*: $16,000. We look forward to the opportunity to contribute to Terra Classic and bring valuable improvements to its ecosystem. A Yes vote is stating that you’re agree on us contributing to the network's success, and a No vote is a statement that you aren’t agree with out proposal.