Lunclive.org

LunaClassic Community, I want to make a few things clear and provide the reasoning and context to our vote. This is not a vote against SolidProof or OrbitLabs. We have a good working relationship with SolidProof, and we have nothing against OrbitLabs. Terra Classic needs this audit, and both teams are the right kind of people to do the work. The problem is how proposal #12228 was built and pushed. It skips the process the chain already agreed to, and it asks for the full payment up front. Prop #12228, "Fund Terra Classic Security Audit by SolidProof & Fixes by OrbitLabs," asks the community pool to send 1,597,391,830 LUNC in a single transfer, about 17.5% of the pool's LUNC and roughly $90,000, before any audit work has started. A clean version of this same job can be brought back the right way. This version should not pass. 1. It skips Pay Per Job. Pay Per Job is Proposal #11889, "Pay-per-job and governance-ruled Job List." It passed on December 7, 2023. Its own text says that if approved it "should be considered as an agreed-on guideline for paid jobs on Terra Classic." A repeal attempt and a later revision that would have allowed paying up front were both rejected, so #11889 is still the standing guideline. It requires the job and the bid to be text proposals first, and the spend to come only after the work is done. Verbatim: "Via governance text proposals, new job listings can be proposed. Each proposal has to incorporate a job title, a detailed description, a budget, and an estimated duration (e.g., in man-days)." "Teams or individuals can then put up a text proposal to apply for the job, giving their quote and estimated time to complete. Of course it is also possible for a team or entity to propose (text proposal) a job and directly include their bid to take it on themselves. It still has to contain the full details, including the estimated time to complete, and price. Payment is done after approval of the completed work through a spend proposal." From the summary: "Teams/individuals can use text proposals to bid on / apply for a job. Bid has to include a fixed fee and maximum time to complete (no spend proposal!)." "After completing the job, a PR has to be done. Once that is approved and successfully tested (unit/chain tests, not deployment), a spend proposal is put up to pay out the funds." #12228 does none of this. There is no text proposal defining the job. There is no text proposal carrying the bid. The first and only proposal is a spend, for the full amount, before work begins. The forum post for this proposal says an exception to the standard Pay Per Job "should be considered" for the auditors. The on-chain text never says that. A Yes from a wallet is a vote on a spend, not a disclosed vote to set the guideline aside. That is a problem with the proposal, not with SolidProof or OrbitLabs. 2. The proposal does not separate the work or stage the payment. #11889 says "The same people getting paid cannot approve the work done." This proposal names SolidProof to audit and OrbitLabs to implement the fixes, including fixes to code that sits inside the audit scope, and it names no independent party to approve those fixes before anyone is paid. The entire sum leaves in one transfer to a single address, `terra12llsnkmwlaqpjmsc5q400md4t6f8yehu7x3cd5`. That address has never been used, and the proposal never shows, on chain or in the linked contract, that it belongs to SolidProof. There is no milestone and no holdback. If the contract is terminated, any refund is owed to the individual who signs as the client, not back to the community pool. None of that is a judgment of either team. It is how this proposal was written. (1/2)

ATTENTION! 🔊 LunaClassic Community 🚀 TERRA CLASSIC STAKING STAKE. SECURE. EARN. GOVERN. 🔥 Every block. Every stake. Every vote. You are the backbone of Terra Classic. Staking your $LUNC is one of the most powerful actions you can take on this chain. You’re not just earning you’re securing the network, gaining real governance power, and helping shape the future of the People’s Chain. Here’s why it matters: CORE PROTOCOL BENEFITS ✅ 01 STAKING REWARDS (FEES + INFLATION) You earn a share of transaction fees paid in LUNC plus Terra Stablecoins rewards. Rewards accrue every block (6 seconds). Current estimated APR typically sits in the 3.25–3.45%+ range (varies with total staked supply, on-chain activity, and validator commission). ✅ 02 NETWORK SECURITY By delegating LUNC to validators, you strengthen Terra Classic’s Proof-of-Stake consensus and help protect the entire chain. A stronger network starts with the community. ✅ 03 GOVERNANCE VOTING POWER Staked LUNC gives you voting rights on proposals for chain upgrades, parameter changes, treasury decisions, burns, and more. This is especially powerful in Terra Classic’s community-driven model. Your stake = Your voice. ✅ 04 FLEXIBLE MECHANICS • Instant redelegation — Switch validators anytime without waiting • Compoundable — Claim and re-stake rewards to grow your position over time • No strict minimum stake (just enough for fees) REWARDS EVERY 6 SECONDS. COMMUNITY DRIVEN. SECURE THE NETWORK. GROW YOUR LUNC HOLDINGS. STAKE LUNC TODAY. Power the chain. Secure the future. USTC Staking Protocol is in development, so more utility is coming. The future is Classic. More decentralized. More rewards. More power to the community. This is YOUR stake. This is YOUR voice. This is YOUR chain. ONE LUNA FAMILY. ONE VISION. INFINITE POSSIBILITIES. ❤️ #LUNC #TerraClassic #LunaClassic #LUNCStaking #StakeLUNC #OneLunaFamily #CommunityDriven #Decentralized #BuildClassic

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LunaClassic Community, Grateful for being part of this list where validators exceed performance for the last month. Top 5 validators with the best Block performance in the past month: #1 @Luncliveorg Top 5 validators with the best Oracle performance in the past month. #2 @Luncliveorg Top 5 #TerraClassic validators with the most voting activity during the past month. #2 @Luncliveorg Top 5 Validators total staked: #4 @Luncliveorg Thanks to @ValidatorInfo for bringing awareness of the top Performing Validators on Terra Classic. 🤝