Introducing #TerraClassic UI Kit

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bWhale and ampWhale Alliance staked has 0 day unstaking, not 21 days.

If one web address is the only way to access Liquidity Hub or Alliance, yes that appears centralised to me, and if that same address is a liquid staking provider that seems to be unfair to any other liquid staking provider, trying to be as diplomatic as possible, I think diversity and teamwork has been a strength that has seen us through the dark times and Eris and Backbone have worked together respectfully on their visions, share the opportunities!!!

A task force to develop a framework for clear listing requirements and voting guidance is planned. Creation of task forces need to be funded, so the treasury proposal needs to be passed so this can be done.

This proposal is not a single spend proposal, but a proposal to manage the chain and continue maintenance and development of Terra. This requires a fully fledged BORG foundation managing collaborations, strategy, development, security, economic planning.

Having a BORG owned by Terra, allows Terra having maximum oversight, while making spends accountable and contractual possible to interact with third parties.

Most community are already looking towards Phoenix Directive when they want problems to be solved and a complete management of chain activity is needed for a successful future for Terra.

This proposal is a continuation of the passed prop #4816.

There is maximum oversight, as:

• any spends greater than $ 50000 and a rolling 30d spend of $ 150000 can be vetoed by the Phoenix Directive Think Tank. (3-day lock)
• any spends greater than $ 150000 and a rolling 30d spend of $ 450000 can be vetoed by the Terra Governance. (10-day lock)
• any spend can also be vetoed after the lock period (only amount that hasnt been claimed by recipient)
• regular (monthly) spends will be published as a single package over 3-6 months, so veto limits apply

This proposal is not a single spend proposal, but a proposal to manage the chain and continue maintenance and development of Terra. This requires a fully fledged BORG foundation managing collaborations, strategy, development, security, economic planning.

Having a BORG owned by Terra, allows Terra having maximum oversight, while making spends accountable and contractual possible to interact with third parties.

while the idea of account abstraction is generally nice, it is not as simple as you think it is. ethereum is a monolithic blockchain. the cosmos ecosystem consists of over 100 sovereign blockchains. for AA to be implemented on ethereum, you just need one smart contract deployed & instantiated for each user. for AA to be implemented in the cosmos, you need one smart contract for every single sovereign chain - which means chains like cosmos hub, celestia & dymension are not supported, and it requires governance approval on chains like kujira, injective, stargaze, & osmosis.

@Chris Amani @Chris Amani @Chris Amani @Jared

@mc_ust

where is my wluna airdrop i have had a penny since before may 25th 2022….and its still on coinbase cex

You might still be able to get your funds out with https://terra-web-dapp.vercel.app/ (linked on the Mirror github here https://github.com/Mirror-Protocol/terra-web-dapp)..) The protocol is no longer being maintained, since Terra moved to the new blockchain and Band protocol ceased price feed support in August. https://twitter.com/mirror_protocol/status/1559054415738605568

I’m start to think theses developers and delegations are here to make money first, rather than save lunac, why I’m saying that? take a look at terra staion it still up copy users wallet and steal their funds they know about that and yet they doesn’t block or take it down the site, I posted a discussion pointing this fact and the address stealing the funds I suggested to freeze the address link to the heist and they deleted my post, or they don’t care if you lose all your asset, or they’re complicity in it. one or the other, the address I’m referring to is the following (https://finder.station.money/classic/address/terra1vm8ak78tt2ktwmq8le03kqk0g5qvey8scy8rzy) I tried to unstake and due to much changes in “upgrates” wallet I ended up using terra station and lost all my found I tried to contact support team here they just ignored me, you draw your own conclusions…but to much red flags for me to think is just coincidence.

Probably, yeah. Can’t hurt to try ctrl+shift+R. Looking forward to a proper fix though!

I fully agree, it is more difficult for legal and bureaucratic reasons, but I noticed that there is only your comment, unfortunately the community is small

Diving into regulatory waters, especially regarding money transfers, payments, and other financial services, presents substantial risks. Due to their accountability to various stakeholders, publicly traded companies must adhere to a stringent regulatory framework to maintain their operating licenses. The proposed SIM-based solution, although ambitious, could potentially attract regulatory scrutiny that may not only jeopardize the operating license but also the reputation of the involved entities.

On a more pragmatic note, leveraging existing platforms such as app stores could be a viable initial step. By creating an app, where users can log in via Terra Station in a web3 environment, we can introduce users to Terra’s ecosystem in a more controlled, yet innovative manner. This approach allows for a gradual introduction of users to decentralized financial services, with a lesser degree of regulatory risk compared to the SIM-based model.

The app store avenue also enables the team to focus on creating a user-friendly interface, thus ensuring simplicity for the average user as your proposal highlights. Moreover, this approach provides a framework where adherence to regulatory standards can be more easily managed and adjusted as needed.

@0xPhilipp

I forgot to mention your example, Achor. The NFT market that represents PROPERTY is more difficult to sell. Achor is DeFi, you lock capital and unlock capital whenever you want.

With NFTs you don’t have this liquidity, you don’t lock the Token and receive profits.

Liquidity occurs when selling your token. In a market with little experience of the “real world” regarding accounting complications, climate, energy contracts, etc.

As long as you hold, you receive the income from the operation.

We are structuring an operation with Business Investors to buy back tokens. Where immediate liquidity occurs at $18 and the NFT returns to sale for $25. Market maker. These are companies that already carry out this type of transaction in the traditional model and are learning about Blockchain.

Hello @0xPhilipp

Thank you for your considerations!

Item 1: Yes, I agree with you on that statement. In my daily life, these statements make a difference when negotiating the sale of quotas. Mainly because my clients can use these investments to acquire certifications and comply with government demands. I could go on at length on this point, but I believe that if everyone researches a little about carbon offsetting they will find vast material.

Item 2: Yes, definitely! Understand, the risk of the operation is climatic. Hypothetical example, we have an NFT collection called ALPHA, it is in the North of Brazil. And we have another collection called BETA, installed in the SOUTH of Brazil. Historically speaking, in the south of Brazil every X years we suffer from a phenomenon called El Niño, a lot of rain, consequently this year energy production is affected and profitability should not reach 15% p.a. No sun, no production! Strategically, plants in the SOUTH have more attractive energy contracts because there is a greater concentration of industries, and in the North the solar incidence is MUCH HIGHER, but commercialization is more difficult, there is a lack of consumers… Market software like PVSOL provides me with profitability data: https://pvsol.software/en/ And profitability is calculated based on historical climate and georeferencing data. When the plant comes into operation, the production monitoring link is shared with investors, and there they make a simple calculation. EXAMPLE Production: 1800 kWh/month kWh price: 0.64 / kWh R$ 1,152.00 R$ 1,152.00 / 5 (Dollar) = $ 230

Item 3: OK.

Item 4: Well, we are really the first. And we are proud of this, because our competitors used speculative business models. And we didn’t agree with this type of approach! While our competitors raised a lot of funds through speculation, we continued to grow slowly but sustainably. We didn’t reinvent the wheel, we just used blockchain as a tool. If something happens to the blockchain, our operation will not stop, and in a maximum of 1 or 2 months we can resolve any problem regarding the distribution of income. Understand, these are key words to really attract attention. But it doesn’t change the facts! In October our 3rd plant comes into operation, the local energy company is building the infrastructure to receive the connection from the plant… And in October, next month the Genesis collection completes 1 year of operation, the data is in Docs…

Item 5: It is good practice for companies that manage assets to report to customers. It also occurs in banking institutions or those listed on the stock exchange. Blockchain is a quota payment and management tool, where quotas can be traded without borders and for a much more affordable price than if I needed to use the registry office. As shown in the image I pasted on the forum. An ownership transfer can take up to 45 days to be confirmed.

Item 6: Yes, 98% of my clients are from the traditional market and are still adapting to the crypto market. Another point to consider, this investment is different from what the crypto market is used to. It is not dynamic, the focus is retirement. Use the balance to purchase new shares, or withdraw. Crypto investors don’t seem to have a long-term strategy, even long term… And I don’t judge, most of those here study a lot to catch high asymmetries, it’s not in our business model that you will find asymmetries. However, as we are regulated, if something bad happens to our company, the government liquidates the assets to pay all investors/holders.

This business model is completely legacy. In Brazil, investors guaranteed their retirements and that of future generations with this business model. See, in operation since 1908, today it is also a tourist attraction: https://omunicipiojoinville.com/usina-pirai-de-joinville-estara-aberta-para-visita-ao-publico/ With programmed downtime.

Item 7: Great!

Item 8: We have already built it at Polygon, and for now we will continue there if other chains do not present simple forms such as account abstraction. For my clients in the traditional market, creating crypto wallets is not a simple activity.

RWA is a paradigm shift for the crypto market!

We are under the law of the traditional market, if we receive legal orders to block the transfer of funds to a client with problems, I will have to execute it! I will need to move this address to a temporary blacklist and retain the funds until the court order releases the individual.

This is something totally different from what we are used to, auditing smart contracts and believing in the code…

But at the stage we are at, I understand RWA as capital input for the chains. And I will continue working to build more and more plants!

When the crypto world is ready for this type of investment I will reach out to more blockchains. However, I am fully aware now more than when we started (April, 2022) that those who are here now prefer high asymmetries.

Thank you very much for your considerations!

I’m happy to talk about the subject, because I’m from the cryptographic world but my partners aren’t and we have these discussions every day!

Regards!!