Lunc News: Popular Terra Luna Classic validator brings a proposal to repeal 11889 pay-per-job proposal as it turns out to be hindering developments on the chain. A stalemate between Terra Luna Classic validators blocked a proposal for the L1TF core security upgrade package as validators including Allnodes claimed it violates the pay-per-proposal.
Proposal 12013 “Repeal Proposal 11889 PPJ” by validator LuncLive is up for voting on Station wallet and the deadline for the proposal is February 5. It aims to repeal pay-per-job and governance-ruled job proposal believing that it caused much uncertainty and confusion amongst the community, builders, and validators.
As per the proposal, 11889 has been interpreted in a binary manner, leading to contrasting perspectives among validators and halted development and progress. It also recommends coming up with a revised pay-per-job version. Meanwhile, it is essential to repeal the proposal for continuing operations and decision-making processes.
“LUNC army due to recent events and uncertainties involving proposal #11889 Pay-per-job and governance- ruled job list, the Luncliveorg validator has submitted proposal #12013 to repeal this prop until a more suitable, and restructured alternative has been created,” Mr Diamondhandz1 said host of Luncliveorg.
During the initial voting, the proposal received 25% “Yes”, 1% “No”, 46% “No with veto”, and 28% “Abstain” votes. The high number of No with veto votes indicates the community doesn’t want similar proposals in the future.
Read More: Terra Classic Burn Hits 95 Billion Milestone, LUNC Price And USTC To $1?
LUNC price fell over 1% in the last 24 hours, with the price currently trading at $0.00009779. The 24-hour high and low are $0.0000983 and $0.0001017, respectively. Moreover, trading volume has decreased by 18% in the last 24 hours.
Meanwhile, USTC price dropped 2% in the last 24 hours, with the price currently trading at $0.0257. The 24-hour low and high of $0.0256 and $0.0265, respectively.
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