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Voting for TerraLuna Classic $LUNC v2.1.0 upgrade opens on June 7

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Voting for the TerraLuna Classic (LUNC) v2.1.0 upgrade will open on June 7, 2023. The upgrade includes a number of changes, including a 5% validator commission to attract more validators, Cosmwasm v1.1.x, and the implementation of protocol security updates, including patching the infinite fee grant bug.

The v2.1.0 upgrade proposal was first announced on May 27, 2023. The proposal includes a number of changes that are designed to improve the TerraLuna Classic network. These changes include:

  • A 5% validator commission to attract more validators.
  • Cosmwasm v1.1.x, which is a modular Cosmos-based platform that simplifies developing smart contracts.
  • The implementation of protocol security updates, including patching the infinite fee grant bug.

The infinite fee grant bug was a vulnerability that allowed users to grant themselves infinite fees. This bug was exploited by a number of users, who were able to drain the TerraLuna Classic treasury. The bug was patched in the v2.1.0 upgrade proposal.

The voting for the v2.1.0 upgrade will take place on the TerraLuna Classic governance forum. The voting period will last for 7 days. If the proposal is approved, the upgrade will go live on June 14, 2023.

The v2.1.0 upgrade is a significant update for the TerraLuna Classic network. The changes included in the upgrade are designed to improve the network and make it more secure. The upgrade is also expected to attract more users to the TerraLuna Classic network.

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