\

what is lunc?

LUNC is the native cryptocurrency of the old Terra network. It was launched in 2018 and was known as LUNA at the time, before taking on the LUNC tag after the Terra crash. On the other hand, LUNA is the name given to the native token of the new offshoot blockchain, which was launched on May 28, 2022.

what is Luna 2?

Luna 2.0 is the brand new token of the new Terra blockchain intended to rescue the Terra Luna ecosystem following the stablecoin collapse. Dubbed the Luna rebirth, TerraForm Labs founder Do Kwon's proposal saw new chain replace the existing Terra network. Alongside this, Luna 2.0 replaced the existing version of Luna.

Governance

The Terra protocol is a decentralized public blockchain governed by community members. Governance is the democratic process that allows users and validators to make changes to the Terra protocol. Community members submit, vote, and implement proposals.

The governance module maintains the logic for all governance activity.

To learn how to vote with your staked Luna or submit proposals, visit the Station governance guide.

If you are an advanced user and want to learn about submitting or voting on proposals using Terrad, visit the Governance section of the Terrad Reference.

Section 1-2-2: Luna 2 proposal votes

Question

As Terra 2.0 has expanded, we’ve seen a number of governance proposals come to light. Analyze the voting activity on the most recent 5 proposals. Can you identify any trends or patterns in voting?

\n

Bonus: Dig up and compare the text of 2 governance proposals. What do you think of these proposals? What would have made them stronger or likelier to gather more votes? Do you have any improvements to recommend?

section 1 : general

Section 1-1 : Terra classic

Section 1-1-1 : proposal submission

Section 1-1-2 : Terra classic proposals voting

Section 1-2-1: Luna 2 proposal submission

section 2 : last 5 proposals

Section 2-2 : Luna 2

Section 2-1 : Terra classic

Result

• The chain ID changed from 4 to 5 on Aug 2021

• There are 8 option for voters to vote yes, no, no with veto and …

• The proposer with address terra1n8jlzjsknyvh4hwzvdljmtp8qntxrm5gscpf6y have most proposal submission with 86% .

• After Feb 2022 the number of proposal submission raised significantly.

• There is a spike on proposal submission on 22 may 2022.

  1747:

  \

Result

• Some proposals submitted on submission table there is not on vote table.
• 45.5% of proposals are accepted and 54.6 are rejected.
• there are 6541 validators participate in proposals.
• Most proposals have less than 150 participant.
• As opposed to 74% voting yes, 54% of the proposals were rejected because users with more voting power voted no.
• Proposal 27 has most score (summation of voting power) and proposal 82 has least.
• All votes of proposal 27 ware yes.
• After April 2022 number of proposals and voters growth so that in 19 we have a spike may 2022 with 20K voters.

Results

• There is a spike in 15 June with 451 proposal submission.
• Majority of proposals are in text type.
• Proposer ‘terra15upct27dx2zxnzkc7sdm30m98ql7ju83dxj3hq‘ submits the most proposals number.

\

Results

• Some proposals submitted on submission table there is not on vote table.

• 43% of proposals have been accepted and 57% have been rejected.

• Voter terra1tu0lx26n8vjkpfjrjdyktnvt3wqfdtup65lyj5 has most participation with 183 votes.

• Proposal 349 has the most votes with 797 votes.

  \

Results

• After May 2022 number of proposal submission and votes raised significantly. in that time 5 proposals were trend with IDs 1169, 1228, 1747, 1753, 1861 and specially in 1747 significant voters participated.
• Proposals 1747, 1228 and 1861 have been accepted and 1753 and 1169 rejected.

Trending proposals are 1747 , 1861 and 1169. the proposals 1861 and 1747 have been accepted and 1169 rejeted.

Results

No trend have been seen on Luna 2 proposals submission and votes.

• We explore last 5 proposals (4593,4591,3796,4592,3795) all of them have been rejected.
• All information about recent proposals have been brought.

Section 3: comparing worst and best

in this section we are going to compare the Proposals with most and least participation and find the advantage and disadvantage of proposals.

Proposal 1747

Summary:

• Terra proposal 1623 to birth a new chain was not the only proposal undergoing a community vote.
• The Terra community was also voting on Proposal 1747, suggesting the burn of 1.38 billion UST from the community pool.
• Terra Proposal 1747 will reduce the outstanding bad debt of Eliminating a significant chunk of the excess UST supply at once will alleviate much of the peg pressure on UST. This is advantageous relative to the slow burn rate and type of downstream effects that inflated on-chain swap spreads induce on the Terra economy over an extended period.

Proposal 4595

Support: Galactic Federation

Submitted 2 days ago

Support: Galactic Federation Erica Brooks there are humans, that are hurting the earth - , some of them are consciously hurting the earth and some of them unconsciously. When you know they are, you choose how to act. I'm just a tool of my own creation.

Results

we can see the proposal 1747 completely have been explained what they want and what gonna happened. it has a summary and illustrate everything will happened.

contrary to proposals 1747 the proposal 4595 is completely confusing it is very brief and short.

i suggest for proposal submission:

• Proposers bring summary
• the definitions be clear
• the concept be important
• the proposal make blockchain better