Key Takeaways
- The proposed Q3 plan outlines a budget of $116,000.
- The roadmap includes migrating from Columbus-5 to Columbus-6 and upgrading to the Cosmos SDK.
The Terra Classic (LUNC) community is buzzing with anticipation as a dedicated team of senior full-stack engineers, known as the “Six Samurai,” presents a proposal aimed at revitalizing the ecosystem in the upcoming quarter.
After a turbulent period in 2022, which saw the Terra ecosystem undergo significant transformations due to the collapse of its TerraUSD (UST) stablecoin and LUNA asset, Terra emerged with a fresh start in the form of Terra 2.0. The original Terra chain was rebranded as Terra Classic, and its new asset, Terra (LUNA2), became the focal point of the revamped ecosystem.
The proposed Q3 spending plan the Terra Allies senior full-stack engineering team put forthoutlines a budget of $116,000. The team’s L1 roadmap includes migrating from Columbus-5 to Columbus-6 and upgrading to the Cosmos SDK. Additionally, they are keen to secure a listing for Terra Classic on Keplr’s Web Interface, a web tool offering analytical visualizations, as well as on Mintscan, a Cosmos block explorer catering to crypto exchanges and customers.
“We are putting this proposal forth to the LUNC community in direct competition with the current proposals circulating around the L1 because we believe that competition and options are good for the ecosystem; we are strong believers in a free market where anyone can contribute to developing the chain while also being paid for doing so”, the statement reads.
Fueled by their passion as LUNC holders, the Six Samurai engineering team is fully committed to breathing new life into the Terra Classic ecosystem. “To accomplish a true revival of the ecosystem, we are prepared to do the hard work. We will also coordinate and cooperate with any other teams that win a mandate to dev on LUNC”, the proposal reads.
This dedication and cooperative mindset have garnered positive responses from the LUNC community, who are leaning towards voting in favor of the proposal. Despite Six Samurai’s optimism, the recent dip in LUNC’s value, with a decline of 1.65%, adds to the potential obstacles on the road to Terra’s revitalization.
