US DeFi Renaissance
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Our Terra Classic Validator Node is now updated to v0.5.22 and running smoothly $LUNC #TerraRebels @TerraRebels
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We agree with @PFC_Validator. We vote Yes on Proposal 4159 - Distribution of code for 3568 (for the 1.2% burn) and 4095 (re-enable delegation and staking). The $LUNC community's wish to move forward with @TerraRebels should be respected. We don't see a better alternative.
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#LUNC $LUNC friends: We currently have too much voting power on terra classic. We recommend you distribute your stake to other validators to increase resiliency and decentralization of the network. PS - redelegating away from us does not require you to unbond
PSA for $Lunc community - 12 hours after staking being re-enabled, network is very skewed with top 4 validators having 72% stake (in other words, no other validators matters as it stands now). Top 7 have 87% stake. Look beyond low commission when delegating. You wanted staking..
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We won't hesitate to veto harmful BS that may arise from private sponsorships on the $LUNC Chain
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#LUNC $LUNC Updates: ✅Today we reset our validator commission to 0% ✅Voted Yes #4195 - Distribution of TerraRebels code ✅Voted Yes #4095 - Re-enable staking ✅Voted Yes #3568 - Tax/burn
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Your size is not size. Challenge accepted. We burnt TWICE your burn amount. #LUNCARMY #LUNC $LUNC
We are starting the challenge "Validator, show your support to the LUNC community! Burn!" To do this, we burned all the commissions that we have accumulated over 13 days. Here is the link to our transaction finder.terra.money/classic/t… Your turn @Interstellounge ;) #LUNCARMY #LUNC
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We had good intentions to keep our $LUNC commission at 0% till 2023 to celebrate the upgrade BUT given the current state of the network, we will be raising our commission to 2% in the coming days to encourage re-delegation to smaller validators for the good of the network.
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> May'22, Terra crashes > $LUNC trades at $0.00005 > Validators quit > Revival / Burn plan proposed > 28 validators from remaining set voted Yes > Months later > $LUNC price recovers > Community stronger Noisiest $LUNC FUDDers today...where were they 6 months ago?
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We voted Yes to $LUNC #11030 as it was meant to fund work for a separate station backup endpoint. Given recent developments we hope to see more transparency from @TerraRebels on cost breakdowns. ⚠️ We will vote accordingly on future funding requests based on this incident.
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A #LUNC miracle story: Months ago, many gave up Only 28 Validators (out of 97) voted Yes to Burn station.terra.money/proposal… @Allnodes @orion_money @Interstellounge voted Yes All 3 will be raising commissions to encourage decentralization. Do not be afraid.
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$LUNC We vote Yes on Proposal 4095 - Re-enable Staking/Delegation to Existing Active Validator Set Only. (voting power = 1.57%)
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As the 2nd top validator on $LUNC we do not approve @TerraRebels of promoting other chains and products that hardly benefit $LUNC users especially after receiving $LUNC community funding to build their own infrastructure. MAJOR RED FLAG.
🤡 Why the F are you shilling a competitor chain and product when you have been funded with $lunc community funds to build an independent station infrastructure?
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Voted Yes to #4661 #LUNC $LUNC @TerraRebels
If you are a citizen of the Terra ecosystem, please use your voting rights on the following proposal. This is on the classic chain. station.terra.money/proposal…
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You will be much better off going to the casino in a drunken state than ape-ing into a project that tries to pass itself off as an official version 2 of a product. You have been warned.
Please be aware that Terraform Labs is not involved in Mint Cash in any capacity
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Till date, @TerracVita and @_Terraport_ - failed to explain the over-minting of the private sale supply that was sent to a few individuals - failed to offer 3rd party independent forensic reports or statements on the attack - failed to complete any audit on any of their smart contracts that led to the attack Now @TerracVita wants the $LUNC community to support a proposal that will create a centralized multisig hardcoded into the chain that will give individuals the power to blacklist any address on the chain WITHOUT any governance upgrade proposal. And has the audacity to claim not supporting such a proposal will "aid criminals". Who are the real "criminals" here?
Replying to @RexYellerBelly
We request wallets receiving @_Terraport_ stolen funds be locked and have proposed code to do this, paving the way for another proposal to return funds. We respect block chain purists, but strongly believe 'crime should NOT pay'. A vote against our proposal will 'aid criminals'.
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There is a special place in hell reserved for those who prey on the weak and vulnerable. The $LUNC community has already suffered catastrophic losses in the past year and for this rug to happen is just…unforgivable.
Terraport’s whitepaper claims that no one will be able to withdraw the entire liquidity and that there will be a smart contract audit. @_Terraport_
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Terraport’s whitepaper claims that no one will be able to withdraw the entire liquidity and that there will be a smart contract audit. @_Terraport_
Replying to @ShBar70
do you get it now? the contract was implemented that way from day one. i believe it allowed these addresses to steal all the liquidity. it wasn't hacked or modified. they instantiated it using 7069. further contract migrations don't matter.
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a decentralised economy needs decentralised money
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OUR BELIEFS: Validators should be free to decide what commission they set. Users should be free to decide which validator they stake with. Decentralization should be achieved democratically, not forced. Henceforth any proposal that goes against our beliefs - NO WITH VETO
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Imagine there are 2 developer teams. The first team is wasting time trying to get paid first upfront and to undo chain governance before starting work. The second team has been writing code silently to complete their job before asking for a spend proposal. Who will you support?
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Kujira whiskey company must be wondering what the fuck caused the spike in demand in Q4 2023. $KUJI
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We encourage $LUNC holders to RE-delegate to other validators with less than 1% of voting power to decentralize the network. This can be done without undelegating.
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Given incomplete deliverables in Q3-Q4 2023 and the passing of pay-per-job in governance we are voting No to the upfront $LUNC L1TF payment. Our compromise to the L1TF was we are willing to consider partial code commits to the repo as a halfway payment milestone but this was not respected.
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Spread your $LUNC stake to the many good validators out there
For the sake of decentralisation we request you to delegate $LUNC to validators with less than 0.5% voting power including us. Our commission will stay at 5% for ever. We provide LCD, RPC endpoints & daily automated snapshots. 🙏 #LUNACLASSIC #LUNCARMY #lunatics #LUNC #LUNCBURN
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Replying to @LunaStation88
Your size is not size. Challenge accepted:
Your size is not size. Challenge accepted. We burnt TWICE your burn amount. #LUNCARMY #LUNC $LUNC
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Our observation is @TerracVita launched @_Terraport_ dex on main net BEFORE any smart contract security audit was completed. @TerracVita also actively solicited pre launch sales of $TERRA amounting to millions of USD.
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Voting NO to $LUNC Proposal 11324 because: 1. Algorithmic stablecoins are highly risky and has collapsed an entire ecosystem before 2. Making algorithms 'more fancy' will not increase underlying demand 3. Collateralized stablecoins should be explored as a potential solution
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Our free $KUJI RPC endpoint is now live and available to use on the official @TeamKujira apps. We hope this fulfills the demand of APAC users as we deliver a fast sub-200ms latency experience in the region.
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Within the $KUJI ecosystem there is zero inflation, governance with senate, transfers with vesting, orderbooks, swaps, borrowing, lending, leverage, liquidation auction, mobile wallet… All on a single chain without needing to IBC/bridge to other chains. 🐋
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Prediction: $LUNC degenerates will now be finding other wallets to burn instead of finding ways to build on the chain.
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We are sorry for everything that has happened. We tried to give our best to the community - we did not earn a single commission fee, and we have no regrets. We don't know what will happen from here. But our lights are still on and we thank you for the support.
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We REJECT any hard law that will immediately halt compounding for the ~100,000 $LUNC holders staking with the top 4 validators and also ban all new $LUNC holders from staking with them, for the sake of "dEcenTraliZation". We will support decentralization in other ways. #LUNC
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GM Friends! in $LUNA V2, we had rebranded our validator name from Galactic Lounge to Interstellar Lounge🚀🌕. Feel free to continue this journey with us, and we hope you enjoy your staking experience🙏 LFG
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We are letting @LunaStation88 do the honours of picking the next validator in his challenge :)
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🤡 Why the F are you shilling a competitor chain and product when you have been funded with $lunc community funds to build an independent station infrastructure?
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The $KUJI Asia-Pacific community is 🔥. In the first 24 hours of our Asia-Pacific RPC node operations we served a total of 224.6k requests to @TeamKujira frontend users, with users from Australia leading the pack coming in at 30.51k. Top 10 countries: Australia - 30.51k Singapore - 24.74k Thailand - 22.34k India - 20.67k Malaysia - 13.73k Vietnam - 10.74k United States - 9.66k Indonesia - 8.36k Hong Kong - 8.36k Switzerland - 6.37k
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To be a truly permission-less chain you accept that everyone is free to participate in your chain - this includes scammers, criminals, governments, business competitors and…white label operators and users. We are honestly quite sick and tired of the drama about security.
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The $LUNC funds no matter where they are at, either belong to the community or they do not. Yes or No. If Yes they belong to the community, then they must be governed by the community's wishes. If they don't belong to the community, do whatever the hell you want with it.
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Just returned from the holidays. We recently hired an intern to handle our social media accounts and to engage the community. We are shocked, horrified and accept full responsibility over the recent criticism of our actions. The intern has been dealt with. Effective today, we are removing his position. And promoting him full time as our growth and engagement manager.
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Dear $LUNC community, we heard you and voted YES on the burn proposal #3568. Pls go easy on flooding our inbox.
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Vote Yes on #4940. station.terra.money/proposal… This is an important proposal that needs to happen for future code upgrades for #LUNC. $LUNC Army let's go.
I don't have any lunc If someone can make this gov prop on lunc: github.com/terra-rebels/clas… That goes a long way towards reenabling IBC between @osmosis and @TerraRebels
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In crypto 99.99% of teams quit or move on to other things when the chain they were building on dies along with the users of their product. Not @TeamKujira This was the only reason we needed to be a $KUJI validator since block 0.
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On the ongoing drama - all our validator and sentry nodes are running on a production grade self-healing Kubernetes cluster that we have full control and custody of. Our first validator node $LUNC has been in operation since Oct’21 (476 days). cncf.io/blog/2020/05/26/deco…
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"rate":"0.0000000000" "updateTime":"2021-10-22T07:53:14.745Z" Today we celebrate 3 months of being a ZERO commission validator node for the $LUNA community. Join us and the 2,453 growing #lunatics chilling out at our lounge. We hope you enjoy your full staking rewards 🍸.
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Low IQ: Evil validator X,Y,Z has too high VP. Chain "held hostage" High IQ: Validators X,Y,Z stuck around during the crash to revive the chain. Let's support them. Very High IQ: It's time for us to distribute delegation to other validators to decentralize power.
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For transparency: $LUNC We charge 0% commission because we can. Feel free to support us by delegating to us on $LUNA (1% commission) $KUJI (2% commission)
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Approaching a 2-year anniversary since the crash and we are still here to veto nonsensical and destructive props to the chain. Happy Valentine’s Day $LUNC holders.
> May'22, Terra crashes > $LUNC trades at $0.00005 > Validators quit > Revival / Burn plan proposed > 28 validators from remaining set voted Yes > Months later > $LUNC price recovers > Community stronger Noisiest $LUNC FUDDers today...where were they 6 months ago?
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Replying to @TerracVita
This is 100% BS. Market module was designed and exists for one reason and one reason only - algorithmic peg of the stablecoin. Stop selling snake oil.
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This guy is fully KYCed and ripped off the $LUNC community and there are no consequences. So what’s the point about having KYC?
After a long absence, @raoufbenhar has reappeared on the investor list of @stride_zone Raouf had been missing after the Risk Harbor team, now rebranded as @AndalusiaLabs, used an admin function to withdraw 200M $UST (6.6M USD) to Binance. The $LUNC community would like a word.
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In every circumstances I would trust an anon developer with a solid track record of committing code on github than a KYC-ed developer with nothing to prove he can code.
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Irony: if the $LUNC validator set was equally distributed in voting power back in Jun'22, the 28 validators would not have had enough voting power to pass the recovery proposal. The recovery proposal passed only because the community concentrated their support in key validators.
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The only thing I need to know is you guys grifted $LUNA CP funds to launch on $INJ
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More evidence @TeamKujira uses the latest tech and has one of the best L1 dev team working closely with validators on technical issues.
wasmvm 1.4.3 and 1.5.2 have just been released!🛠️ These updates address a memory usage issue introduced in 1.4. Shout out to @TeamKujira for discovering and reporting this issue!👏 🔗github.com/CosmWasm/wasmvm/r… github.com/CosmWasm/wasmvm/r…
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Risks of running bare metal validator nodes from home vs cloud providers / data centers: - internet disruption (retail internet service providers are shit with no SLA) - power outages (unstable power grid) - human accidents and natural disasters (e.g. tripping wires, flooding)
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Today we reach our 6-month milestone of running a $LUNA validator 🎉! In this half-year we: - Achieved Top 5 in staking rewards on Terra Station - Gained 3,000+ stakers with 0 slashing downtime - Contributed to and improved docs.terra.money - Saw $LUNA 🚀 from $30 #WAGMI
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Replying to @stonk_x402
If your pull request keeps getting rejected for no good reason feel free to put up a proposal for validators to use your repo as the next canonical upgrade.
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Replying to @LunaAckbar
Your size is not size
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Replying to @TheVinhNguyen4
Please follow a pay-per-job structure that was passed in governance proposal 11889 - "Upon successful completion and approval of correct implementation (including potentially necessary unit/chain tests), payment is executed through a spend proposal."
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Replying to @TheVinhNguyen4
The community has already paid "first" to the L1TF in 2023 - how many promises were undelivered in Q3-Q4 2023 ? You should respect governance and split the work down to multiple parts and have multiple pay-per-job completion milestones.
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We are voting Yes on Osmosis prop #694 to onboard @WhiteWhaleDefi into Osmosis. As a validator on multiple chains including Terra Luna and Osmosis we see tremendous value in cross-chain collaborations.
Surprised that sentiment on Osmosis prop #694 is so negative! Seems like a really low cost way (just deploy some POL) to onboard a new userbase and the super passionate community of @WhiteWhaleDefi into Osmosis And at the same time, sets a great precedent for revenue share of Osmosis ecosystem projects with OSMO holders – all revenues from the White Whale pools will send a 10 bip fee (same as Osmosis taker fees) to the Osmosis community pool! mintscan.io/osmosis/proposal…
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After careful consideration we are changing our vote from No to Yes
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We have decided to charge a modest 1% commission for anyone who wishes to stake with us. We continue to strive to provide the best possible staking experience to the community, and we appreciate all your love & support. LFG ❤️🍸🚀 $LUNA
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NO WITH VETO - $LUNC #4737 #4736 These proposals take away the freedom of users to decide which validator they want to support and stake with. We encourage users to spread your stake out exercising your freedom of choice and not because of oppression.
OUR BELIEFS: Validators should be free to decide what commission they set. Users should be free to decide which validator they stake with. Decentralization should be achieved democratically, not forced. Henceforth any proposal that goes against our beliefs - NO WITH VETO
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Wake me up when $KUJI gets listed on a Korean exchange
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We are a 0% commissions validator. We do it for the stakers, for the community. Not for the money. With❤️
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Yes to $LUNC #4793 - Before and After:
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Proof-of-stake tenets: - skin in the game: those who hold more coins have more governance power - economic security game theory: more coins you hold, more you lose from harming the chain, more you gain from helping the chain Beware of clowns without skin in the game
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#4793 - By voting yes you signal support, to communicate strongly as a community, that LUNC holders desire for all exchanges to implement the 1.2% burn tax on off chain (on exchange) spot and margin trading.
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GM $KUJI stakers...we will be randomly picking 5 lucky stakers on our validator for the Kujira @Hero_NFT_ whitelist (WL) 👇 Enroll with your discord username and $KUJI address: docs.google.com/forms/d/e/1F…
Our upcoming @StargazeZone @TeamKujira collection WL are now in the hands of 45 Kujira Validators! The power to WL is in their hands. 🉐🐋⚔️⭐️🥳 In the meantime we’ll relax and sip on tea 🤣 Keep your eyes peeled to upcoming giveaways! 🥳 Validators list below. GL 🉐 ⬇️ 👇
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We currently have 2,863 $LUNA stakers getting their FULL staking rewards with us.
Terra $LUNA is now the 2nd largest PoS network by Staking market cap having overtaken Ethereum 2.0 $ETH 🔥 Source: stakingrewards.com
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We read @wemintcash white paper. First 7 pages are straight out of a year 1 college economics textbook. Then it goes on to some broad macro observations and descriptions in the space and finally pulls out some fancy formula taken from a pilgrim paper. ☠️
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To clear things up, the 5.5B $LUNC burn did not come from us. It was from @binance. @binance is now Rank #1 on the Burn Leaderboard (@Interstellounge is #21) luncpenguins.com/toplist/bur…
For those seeing @Interstellounge as the "Proposer" of the #Binance burn this does NOT mean Interstellar did the burn. Instead, validators selected to mine the next "block" are shown as proposers. The 5.5 BILLION $LUNC burn IS the #Binance burn. RETWEET TO SHARE! 🔥
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If someone has seen any project or group successfully ask for a whopping $4m+ funding to develop on chain X but does not want paid in X token please let us know. We are unaware of any such stories.
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Sadly we have reasons to believe this was not a hack or exploit but a rug pull on @_Terraport_
i don't know why the tweets order got so much phucked up, but again: regarding terraport rug pull... yeah a rug pull, there was no hack, no exploit, no evil 3rd party involved. here's what you need to know and why i think it was planned from day one.
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Replying to @MrDiamondhandz1
Who is stalling production? There is already a team writing code to upgrade the chain. If they finish their job I will fully support a spend proposal to fund their work.
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Imagine leaving your phone for a week to hike in the mountains or woods and coming back to this
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The beauty about @TeamKujira is that they use a world-class UI to encourage decentralization in a democratic way. Validators set whatever commission they want as there is no min commission. Users stake with any validator they want as there is no cap on voting power. It works.
Replying to @RujiraNetwork
Luckily with timestamps on Discord to prove it too. Kujira is one of the most decentralized chains in Cosmos: decentralization.smartstake.…. Nakamoto coefficient has improved from 5 to 8 in a matter of weeks. We're busting our guts off and trying to improve in every dept.
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Replying to @LunaStation88
What if a validator tags us ? :) Gotta save it for a rainy day.
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How much further should we raise our $LUNC commissions to encourage delegations to validators outside of top 10?
37% 3%
11% 4%
53% 5%
380 votes • Final results
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Replying to @Little_wheeler
We think KYC for “all contributors” is destructive. We think immediately following it up with an amendment is blatant manipulation and completely against the wording of the original proposal, and thus destructive to the sanctity of governance. We think acknowledging a private enterprise as an official KYC provider has conflicts of interest and is dangerous to the neutrality of the chain. Destructive destructive destructive.
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Replying to @OhhBilboBaggins
The original ethos was validators and stake holders have the right to vote on upgrades from any team comprising any mix of kyc and non kyced devs. This forced kyc governance proposal by retards will mean I will just veto ANY upgrade if I don’t have their scanned passports.
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First GM of 2022! Let's get to work $LUNA $UST 😎🍸🚀
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Replying to @BTestius
Did you read #12033 that passed governance? We fully respect #12033 which states that if passed ALL developers that write L1 code needs to be KYC-ed. This new proposal is an attack on passed governance proposals and the only correct response is a No with Veto.
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Replying to @NicolasBoulay
Oh holy father after 12033 passed we repented and realized the importance of KYC. 12033 must be respected and all developers and contributors need to be fully KYCed to respect the wishes of the community who voted yes for 12033.
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On behalf of all our delegators, we voted YES for Proposal 165 to support the use of UST on Solana station.terra.money/proposal…
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Replying to @frag_dude
feel free to fuck off from our delegates if you don't like our language
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imo a chain-wide minimum commission is only acceptable at Genesis (block 0). Implementing it at block x later distorts the fair competition outcome between validators before block x.
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aloha, some updates: ✅ more than 1,000 unique delegators trust us ✅ validator with highest uptime on terra ✅ plan to keep commission 0% indefinitely by the community, for the community
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$LUNC - vote yes if you want us to change our vote 💀
91% Burn + fork code override
9% No Burn + sovereignty
215 votes • Final results
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Congratulations to all validators who vote for KYC prop, non KYC-ed dev updates to cosmos SDK will automatically be veto-ed by us because we respect KYC governance 🫡
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We started providing commission-free staking to the community when $LUNA market cap dominance was 0.6% last year. LFG.
For the first time $LUNA crypto market cap dominance hits 2% 🌝🚀
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We voted YES to support UST adoption on Avalanche $AVAX, Fantom $FTM and Moonbeam $GLMR. The vote represents 2,267 luna delegators with 1.2% of the network voting power. station.terra.money/proposal…
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Any cosmos-based chains that want to start policing conditions to be a validator IS a Proof of Authority chain. Period.
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#LUNAtics, we have already submitted our request to participate as a community validator in @staderlabs Stake+. $LUNA $UST 🚀 🌕
Dear #LUNAtics, We are pumped to introduce the new ‘Stake+’ product on our platform. Here's how it will benefit you, support validators, and help decentralization on @terra_money... ⏬⏬
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Replying to @TerraHaberTr
Tonight, our intern will be making a phone call to President Erdoğan to personally apologize for his language and behavior.
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You can't make this shit up
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Replying to @Perry8k
There was once we met a guy at a party who wore a bow tie suit and seem to be hiding something. We could not figure out what until the end when he spoke about blockchains. He was hiding his stupidity. You are not him are you?
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We are proud to be a $KUJI Validator since testnet and mainnet block 0. @TeamKujira continues to deliver!
📢📢 The time has come to launch $USK and #ORCA. We want to say a special thank you to our community. We're honestly blown away by all the support 🙌 Here is a 🧵 that will guide you through the new stablecoin minting & liquidation bidding process 👇 1/8
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