Terra Luna Classic contemplates deposit hike to curb spam proposals

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Terra Luna Classic contemplates deposit hike to curb spam proposals
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The Terra Luna Classic faces 'spam' proposal concerns amid declining LUNA prices. Proposal 11780 suggests raising the deposit requirement from 1M to 5M LUNC to combat spam.

The Terra Luna Classic is presently voting on multiple proposals, with concerns raised about an uptick in"spam" proposals following a decline in

prices. A new proposal seeks to raise the minimum deposit requirement from 1 million LUNA to 5 million LUNA, with expectations of a potential price increase ahead of the upgrade."Initiative to Address Spam Proposals by Raising Minimum Deposit to 5M LUNC," is under consideration. Its objective is to elevate the minimum deposit requirement from 1 million LUNC to 5 million LUNC, creating a higher barrier for scam proposals to advance beyond the deposit phase.

Validators concur that the existing 1 million LUNC threshold is insufficient in deterring these undesirable proposals. Hexxagon, the developer team responsible for the community-owned Station wallet, has observed an uptick in spam proposals.

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