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Terra Luna Classic Community Votes On Controversial Proposal

Terra Luna Classic community members proposes to boycott current forum and move to an official commonwealth forum.
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Terra Luna Classic Community Votes On Controversial Proposal

The Terra Luna Classic community votes on another proposal to bring key changes in an effort to revive Terra Luna Classic. Some members of the Terra Luna Classic community pushed a proposal for voting to create an official community-led commonwealth platform. The proposal faces opposition from community members.

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Terra Luna Classic Proposal For New Commonwealth Forum

Proposal 11947 “Create official community commonwealth platform” is up for voting on the station wallet. It wants to gauge community sentiment on establishing an official community-led commonwealth platform similar to other items such as Station wallet, apps, and infrastructure.

In the initial voting period, the proposal received 47.29% “Yes” votes, as well as 0.36% “No” and 52.29% “Abstain” votes. The proposal is co-signed by:

Air Force Lunc, Axiom Consortium, Ben Smith ( Lunable Labs), BRLG Lunc Brasil, cryptolitaz, Crypto Thai Community, Daniel Reichelmam, Derek, DNC, Evert, Faby Stark, FireFi Capital, Frag, Getty Investments, Lunaclassiclabs, Lunanauts, LUNCninja Node, LVS Node Validator, Mazaltech, MdicinalNFT , Morja Alex, NaatiePaat, Neung Handsome, Pink Unicorn, Raja Bibi, Romain Camus, Rostrum, SolidVote Validator, Strathcole, Tom Homes, Vegas, and Ze Waffle.

The proposal aims to depart from the current third-party Commonwealth forum to enhance moderation and ensure consistency by establishing an official forum.

“The existing third-party platform has exhibited numerous inadequacies, serious cases of racism, doxxing, and harassment, poorly moderated and in most instances, not addressed at all, requiring urgent need for improvement,” as per the proposal.

Some members of the community have expressed reluctance to utilize the existing platform and had disputes with the moderators. It claims that despite attempts to improve the existing platform, there has been no measurable improvement in the forum.

Also Read: Cathie Wood’s Ark Invest Sells Coinbase And GBTC, Buys Tesla, Meta & Block Shares

LUNC price fell 1% in the past 24 hours, with the price currently trading at $0.000155. The 24-hour low and high are $0.000153 and $0.000161, respectively. However, trading volume has decreased 41% in the last 24 hours.

Meanwhile, USTC price trades at $0.0339, down 1% in the last 24 hours. The price fell 15% last week. The 24-hour low and high are $0.0331 and $0.0351, respectively.

Also Read: Shiba Inu (SHIB), Pepe Coin (PEPE), And BONK Scores Major Listing

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Varinder Singh

Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.

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