Terra Luna Classic L1TF Approves Dyncomm; Community Rejects Validator Commission Proposal
Terra Luna Classic community has rejected a proposal to enforce a 5% minimum validator commission. The community remained divided on the voting decision as the proposal received 37% votes in favor and 51% votes in opposition. Meanwhile, dyncomm module for dynamic validator commissions is officially approved by the L1 team.
Terra Luna Classic Community Focus on Validators
Terra Luna Classic’s core developer L1TF has officially approved dyncomm module for dynamic validator commissions. Dyncomm will be tested on the rebel-2 testnet next week, expected around November 7.
Former L1TF developer Fragwuerdig will manage and lead the dynamic validator commissions development. After thorough testing, dyncomm will be rolled out to the columbus-5 mainnet.
Meanwhile, the community rejects Proposal 11853 “Enforce minimum 5% validator commission.” It aimed to implement a minimum validator commission of 5% as some validators still have are below the mandatory 5% commission. a failure of functional code preventing validators from breaking governance rules of a minimum 5% commission.