where is my wrapped luna payments ? not had a penny since before May 25th 2022
It’s become apparent that TGF’s only role is to fund TGF. Sure they talk a lot about transparency and building up the chain, but their actions over the past months prove the exact opposite. Oh well, what can you do… Allnodes has their back, and most validators act like vassals of the TGF rather than protecting the chain’s best interests.
Clown world. ![]()
Is there a chance u could send me some examples of this?
Let’s begin with me
I had obviously reached out to Ed with my LUNC Community Custodian plan. I did receive a few lines of feedback for it but mostly they didn’t want me to go ahead with it. I think it’s cause it would protect decentralisation and I do not think TGF is at least looking towards decentralisation for LUNC (that’s what I understood later).
Then I sent him my trading bot plan. No reply. And then a month later I saw that he had left. So I did not disturb him after that but basically I had reached out to him with a 40-page proposal whose feedback I got back in 3 lines. I am not showing the communication here but I am obviously not lying since I am writing this publicly here.
After that I came here and uploaded the props for a discussion. This was the Community Custodian prop as well as the Trading Bot prop.
How many grants have applied?
Exactly. TGF presence has never been felt.
3m USTC is what they received.
It took you time to realize that Terra Luna Classic is a decentralized chain and your plan was pro centralization? Amazing depth there.
Lol. TGF wants to protect decentralisation?
I think you misread something there.
“It” meant my proposal.
P.S. Funny is that they proposed a plan to provide legal counsel for the existing teams rather than the people who have lost their money, and we are in debt of.
Chain has no debt.
We are under no obligations to pay anyone nor pay any interest.
Use factual truths.
At least 20 from what I’ve heard. People never hear back from the TGF.
All the more reason to terminate them.
How about that 1 billion LUNC they were gifted by validators, who voted themselves the money that TGF promised to pay them out for “securing the chain” during the early post-crash period? Also at this point there’s practically no delineation between the TGF and L1JTF - members of each partake in either, Jagmot sits on the TGF council and represents the validator vote, CP money is treated like a slush fund to pay for overinflated and opaque salaries for the TGF clowns (or held in reserve without paying L1 devs), and Ed controls everything from the shadows puppeteering the whole show.

Terra Classic. Decentralized.
With Allnodes at 15% VP covering for TGF and everything going through them.
With every validator refusing to vote on important non-TGF proposals like transparency and no-canon repo.
“Decentralized”.
“Decentralized”.
“Decentralized”.
“Decentralized”.
“Decentralized”.
“Decentralized”.

From loyal fan to disgruntled lover.
There was a proposal discussion that centered around gauging community support for “rewards to individuals and groups that helped with the revival”, and there was a text proposal to gauge support for an amended lower amount (which passed), but there was no spend proposal. Terra Grants Foundation did post a news article about it on their website around this time. However, the potential spend proposal was put on hold (so there has been no spend proposal).
where are the funds to terra grant allocated ?
His pocket! ![]()
![]()
![]()
![]()
![]()
![]()
![]()
Adding to the long list of non-answered questions:
Why was this decision not voted by governance?
Why did 1B LUNC plus got sent directly to the TGFs wallet?
If lack of Oversight Commitee is indeed an issue these funds hsould have been sent back to the CP!!!
Why’s wrong with that?!? Nothing …
Functionally the same outcome.
Intermediary party TGF holding the assets.
Assets in a multisig wallet or in a sock drawer - does not matter as Governance does not control what TGF does.
Governance did vote to have the funds be received by TGF though. (if we are talking about L1 funding here)
It is moreso about the 1B LUNC they got allocated for grants. A change from a model of 3 person multisig plus 3 person Oversight Committee INTO simply ‘TGF owns the money’ model should not be done arbitrarly by them imo. This is a huge change from having somewhat community control over the process into a fully centralized model. Anyone from the TGF can now simply transfer these funds as they please without asking anyone and this cant be stopped. Not saying that they would, but the golden rule says that contracts and controls are for the bad times, not good times.
It never happened, so I am at a loss what you are reffering to.
TGF did receive 3 000 000 USTC.
But I have yet to see the governance proposal that allocated 1b to them.
Private donations or external funds outside of governance and chains CP are none of my concern.
Edit: As in - I don’t care what they up to if it’s a private business they conducted. Yet if I’m mistaken then I’ll get my pitchfork out.
This topic is temporarily closed for at least 4 hours due to a large number of community flags.
