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- The Terra Luna Classic community is set to vote on its latest proposal to compensate a renowned community developer for his audit and development contributions towards two key initiatives.
- This proposal is meant to maintain trust, uphold integrity, and encourage fair compensation within the ecosystem.
Terra Luna Classic (LUNC) community, led by Jurisprotocol, has unveiled a new proposal to compensate its community developer, Frag, for the enormous audit work and development contribution towards proposals 12165 and 12166. According to the report reviewed by CNF, his effort, which was initially recognized and added to a funding request, was removed without clear communication.
The Background of the Story
It can be recalled that the Terra Luna Classic community once introduced a framework for the SubDAO system through Proposal 12165. Later, Proposal 12166 was unveiled to extensively define a vesting mechanism for payments.
During the early stage of the discussion, it emerged that audit work and development contribution would be necessary to secure these proposals without compromising their integrity. Having made provisions in this regard, the community assured Frag that his contribution would be included in the funding request.
Per the document at our disposal, the team failed to honour their promise and also could not communicate with the developer. This reportedly undermined the fairness and transparency principle upheld by the community. In this case, a total compensation of 1,420 EUR has been proposed to be paid to Frag.
According to the breakdown, 900 EUR is reported to be a payment for his audit work, while 520 EUR covers his 8 hours of work in Smart Contract Development. Specifically, this would be paid in LUNC at an exchange rate of the time the actual “Spend Proposal” was submitted.
Explaining why this matters, the proposal highlighted that Frag’s compensation would maintain the integrity of the ecosystem. Most importantly, this decision is meant to address oversight and set a perfect precedent for the fair compensation of past and present contributors. Additionally, this decision would uphold community trust by preventing “damaged confidence” in governance processes. Finally, this would promote fair compensation to encourage further development and trust in governance.
Approving this proposal sends a strong message that the Luna Classic community values fairness, transparency, and the work of those who help build and secure the network. It ensures that developers are incentivized to contribute without fear of being left out of compensation discussions. We urge the community to support this fair request and uphold the principles that make Terra Classic strong.
Commenting on this, a community member, Vegas, lauded the idea as he claims to support anyone who extensively works to advance the network. He also clarified that he has no professional ties with Frag.
What Happened to the SubDAO Proposal?
The earlier SubDAO Proposal to decentralize decision-making processes in the ecosystem was severely criticized for its potential consequences on the network. According to MrDiamondhandz, who runs LuncLiveOrg, its Approval could lead to unchecked and excessive power to select a group. Per his argument, this contradicts the ethos of the blockchain. However, the SubDAO Proposal was later vetoed.
Fascinatingly, this is not the first proposal severely criticized by the community. In a 2024 update, we reported that a “Burn Tax Increase Proposal” was equally rejected. Meanwhile, several proposals have been approved by the community including the Major LUNC Fund Proposal outlined by CNF and the Genuine Labs’ proposal we reviewed in a previous blog post.
