Terra Classic Proposal for Sub DAOs

The governance proposal under criticism seeks to create a Terra Classic Sub-DAO. This proposal hinges on plans to decentralize decision-making processes within the LUNC ecosystem.

It also suggests creating a special team to respond to emergencies without waiting for full governance approval. The goal is to make decision-making faster and more efficient.

However, this proposal has spurred mixed reactions among community members. Critics claim it could grant excessive, unchecked power to a select group and undermine the blockchain’s decentralized ethos.

Similarly, critics fear that bypassing traditional governance mechanisms could lead to decisions misaligned with the broader interests of the LUNC ecosystem.

Notably, the proposal has garnered 39.41% approval, 7.95% opposition, and 25.47% votes marked as “No with veto.” The voter turnout is 28.95%, falling short of the 40% quorum required for passage.