🔧 Frag Developer Compensation: Supporting Fairness and Community-Driven Progress
In a move that highlights appreciation for developer efforts and strengthens trust within the Terra Classic community, Proposal #12169 passed with 75.31% approval, confirming compensation for developer Frag for his work on smart contract auditing and development related to Proposals 12165 and 12166.
📋 Compensation Breakdown
💶 Total amount: €1,420 (to be paid in $LUNC at the time of proposal execution).
€900 – Smart Contract Audit:
🛡️ Frag provided a thorough audit of the contracts to ensure they were secure and free of vulnerabilities.
✅ This work was initially expected to be covered within the proposals' budgets but was overlooked.
💡 The requested amount is well below typical market rates, ranging from $2,000 to $10,000.
€520 – Smart Contract Development:
🧠 Frag developed the vesting mechanism to manage payment distribution securely and transparently.
🧾 The amount reflects the actual hours worked based on standard market rates.
🎯 Why This Matters
🔹 Fairness & Transparency: Compensating Frag reinforces the community’s values of fairness and accountability.
🔹 Encouraging Developers: It conveys that accurate contributions won’t go unrecognized.
🔹 Strengthening Trust: A “yes” vote showed the importance of quality development to the ecosystem.
📌 Final Thoughts
Frag’s work played a crucial role in enhancing the safety and governance of the network.
This compensation isn’t just about payment—it’s a symbol of trust and appreciation and a message to all future builders that the Terra Classic community values those who help it grow.
⚠ Disclaimer: This article is not financial advice. Always do your research before making any investment decisions.
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