Cryptocurrency

Proposal To Fund Rebel Station Development Passes, 937.5 Million LUNC Given to Terra Rebels

The Terra Classic community’s move to gain independence from Do Kwon’s Terraform Labs infrastructure continues to gain momentum.

In a recent development, funding for the Rebel Station wallet application has been made available to the independent LUNC development group, Terra Rebels. However, there have been several internal antagonisms from some LUNC community members.

Following the disclosure from the TFL team that the upcoming Terra 2.0 Interchain Station will not support LUNC due to incompatibility issues, Terra Rebels opted to develop an independent wallet for Terra Classic dubbed Rebel Station. This led to the rollout of a proposal titled “Separation of Rebel Station from TFL Infrastructure.” 

The proposal published nearly two weeks ago for voting highlighted the significance of an independent LUNC wallet. Also, Terra Rebels requested $150,000 (937,500,000 LUNC,  at the time of proposal submission) in funding to execute the separation of the Rebel Station Website and Chrome Extension from Kwon’s TFL. The dev team added that the work is expected to be completed within two months

According to the pseudonymous validator on the Terra Classic network ClassyCrypto, the Rebel Station-related proposal passed on Friday, as the community voted in support. In essence, the equivalent of $150,000 in LUNC has been allocated to the Terra Rebels team. 

“LUNC Proposal 11030 to fund Terra Rebels has now PASSED giving 937 MILLION LUNC toward L1 development to separate ourselves from TFL,” Classy wrote earlier today. 

But at the current exchange rate of $0.0001551 per LUNC, Terra Rebels would receive approximately 967 million Terra Classic tokens from the community pool. 

Related: Terra Classic (LUNC) Independence Would Come with Major Benefits, Terraform Labs Staff Says

In a subsequent tweet, Terra Rebels wrote, “Thank you to the validators and community for contracting us to secure the chain’s wallet interface and backend infrastructure. We look forward to providing the chain with deliverables, building out and maintaining software clients that will see Lunc far into the future.”

Internal Oppositions

The passing of the Terra Rebels’ proposal to build the Rebel Station has seen several disapproving comments from some LUNC community members and groups. Notable among these opposing remarks came from Strathcole, LUNCDAO, and  TerraCVita, a rivaling Terra Classic development group. 

Strathcole, a member of LUNCPenguin noted that his validator node voted ‘No’, given that the Terra Rebels proposal is not clear and detailed enough. 

In response to Strathcole’s points, the LUNCDAO handle tweeted, “I found it insane that people would immediately vote yes without knowing any specific costs, milestones, who, etc.”

Read Also: Terra Classic Development Group Called Out For Trying To Take Responsibility for Allnodes’ Effort

Likewise, the TerraCVita Terra Classic development group disclosed that they do not support the proposal following that TCV has the infrastructure already, citing a waste of resources. 

Ndianabasi Tom

Ndianabasi Tom joined the crypto and blockchain industry in late 2018. He is an all-rounded crypto journalist and content writer. At TimesTabloid, he covers the industry's latest news, developments, and other educational content. He is a graduate of Petroleum Engineering.

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