Terra Classic Proposals
| Proposal id | Status | Results | Voting Period |
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About Proposals
In the Terra Classic ecosystem, decentralized governance allows community members to play an integral role in shaping the future of the network. Proposals are a key feature of this governance model, providing a platform for users to submit ideas, suggest changes, and vote on critical decisions affecting the blockchain’s development.
Proposals can address a wide range of issues, including technical updates, changes to economic parameters, the allocation of community funds, and matters related to network security. Once a proposal is submitted, it enters a voting period where the community evaluates and casts their votes. If the proposal meets the required support, it is approved and implemented on-chain.
The proposal process is designed to be transparent, collaborative, and inclusive. It encourages open discussion, ensuring that all voices are heard. For a proposal to succeed, it requires not only a well-structured plan but also strong community backing. This approach ensures that Terra Classic evolves in a way that reflects the collective interests of its participants.
By engaging in the proposal process, Terra Classic users have the opportunity to directly influence the network’s future and contribute to a more decentralized and sustainable ecosystem.
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