LUNC News: Core Developers Edward Kim, Zaradar Leave Joint L1 Task Force
With the departure of core developer Ed Kim and the removal of Tobias “Zaradar” Andersen from the Joint L1 Task Force developer team has left Terra Luna Classic and the LUNC community in limbo. The Joint L1 Task Force, founded by Kim and Zaradar, oversees the development, updates, and maintenance of the Terra Classic blockchain.
Joint L1 Task Force Q2 plan and budget requirement have now changed for the third time in two weeks as the developer group and Terra Grants Foundation (TGF) are falling apart. The community has been asking for replacing lead developer Zaradar for several weeks now and Edward Kim is busy working on AI sidechain development and other machine learning solutions to bring back utility to the chain.
The latest Proposal 11463 “Expanded & Finalized L1 Task Force [v3] (Q2 2023)” aims to bring Bilbo Baggins as senior software engineer/architect and Solid Snake senior engineer and systems architect in place of Zaradar. Both will serve as the team’s co-leads.
Moreover, it proposes to add 3 senior developers, Jacob Gadikian, and other junior developers to scale the Joint L1 Task Force. The total budget for Q2 is $105,000, much lower than previous budget proposals. This would be about 853.65 million LUNC tokens, which will be paid in two installments.
Until now, the proposal has received 38.88% votes in favor and 41.30% against it. Also, 16% voted to abstain from the proposal. The proposal will end in two days and doesn’t look to pass the quorum.
Will TGF and Joint L1 Task Force Fail Terra Luna Classic (LUNC)?
Steve (LuncBurnArmy), the team’s project manager, has also been removed from the Joint L1 Task Force as the group doesn’t want to payout thousands of dollars a month for management work.
Terra Grants Foundation (TGF) is operating as a for-profit company despite being a non-profit. The L1 team can’t reach Superman (InonMan), who is missing for many weeks now. The proposal claims TGF association with LUNC will bring legal issues to the Terra Luna Classic blockchain.
The community is disappointed with the proposal and the current problems faced by Terra Classic. Classy Crypto claims to shutting down his validator if the LUNC proposal passes.
LUNC price currently trades at $0.0001299, up 3% in the last 24 hours. However, the trading volume has decreased by 25%, indicating a decline in interest among traders.
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