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