Increase the Proposal Deposit Amount from 1,000,000 to 5,000,000

Summary
Initiative to Increase Luna Classic Proposal Deposit Amount from 1,000,000 to 5,000,000 to initiate Voting Phase

Motivation
This proposal aims to signal to implement a parameter change toward increasing the amount of LUNC needed to submit a governance proposal within Terra Classic governance. We currently have a MASSIVE issue where a large amount of individuals are submitting malicious proposals directing others toward scam websites / fake airdrops for LUNC

Proposal

This is just way to expensive. I have a prop that will eliminate spam an will share soon.

I would implement the option to ban an address of proposal creation and voting if the proposal is considered spam. Or make it possible for the community to vote to remove a proposal from the list.

We don’t need those people here

1 Like

I do not agree with this proposal