The Terra Allies project team, codenamed “Six Samurai”, proposed a plan to revive the Terra Classic. They requested a budget of $116,000 to implement the strategy.
The full text of the proposal can be found at link. Note that the group, according to its members, owns a certain share of LUNC tokens, which demonstrates the self-interest of the “samurai” in the prosperity of the project.
Roadmap for the third quarter of this year
According to the published text, the developers plan to take the following actions in the first place:
- migrating to Columbus-6 and using the advanced features of the latest Cosmos SDK;
- launch of the USTC test network, which is necessary for the normal operation of the Market module in the fourth quarter;
- implementation of cross-chain staking programs (Alliance module);
- a program to reward smart contract developers by redistributing gas fees.
The group also proposes a reorganization of the management structure of the protocol, which will improve the efficiency of the distribution of financial flows.
From what has already been achieved, the “samurai” urged to follow the listing of Terra Classic on Keplr and Mintscan. This is a serious step forward for a project with rather weak activity.
Note that the community tends to accept the proposal of the group. Despite some questions about the purpose of the funding, most commentators are open to a change of course.
Recall that the Terra Classic project appeared at the end of May last year. The developers urged not to identify it with the original platform that had collapsed earlier.
Source: Cryptocurrency
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