Terra Classic: The Nuclear Voting Option

This is confusing I will be honest.

Basically is this plan based on the validators or general LUNC token holders?

There are a lot of what ifs.

It feels like this is a way to poll to get to a general consensus of a plan, not a binding governance vote.

How will the vote results be implemented?

There is too much room for legal challenges to the vote imo.

For something like this to work you will need 2/3’s of the validators on board to vote for this in the first place. Which they will never do.

I get the theory behind what you are trying to do, which is to give someone with well 1 token the same voting power as someone with 1 Million.

It’s commendable even. My first governance proposal was to take the vote and give it to the general holders of LUNC. Even that is not the best solution (nor will it ever pass the voting process here), so I came up with not only a more fair approach for both community and validators, but one that has a more stable approach.

Why not work with me on my plan and lets make a solid solution. We both have some good ideas

2 Likes