Historical Proposal: Should Terra Classic take control of Astroport?
A key proposal has been presented by Nicolas Boulay (Luncverse) that could change the course of DeFi on our network. The premise is simple but powerful: Don't build from scratch what you can already govern.
💎 What does the proposal consist of?
Instead of spending resources and time (6-12 months) creating a new DEX, it is proposed that the management of Astroport in Terra Classic be handed directly to the governance of the community.
🚀 Why Astroport and not a new DEX?
Astroport is already the DeFi engine of Terra Classic. Building something new involves security risks and fragmentation of liquidity.
Immediate Network Effect: It is already integrated into wallets, dashboards, and indexers.
Proven Security: Audited contracts that have survived the highest levels of market stress.
Unified Liquidity: A strong DEX is infinitely better than five weak and divided platforms.
📈 Direct Benefits for
$LUNC and
$USTC If the community takes control, Astroport becomes a neutral public infrastructure with clear objectives:
Mass Burns: Optimize fees to accelerate the burning of LUNC.
Repeg of USTC: Use the DEX as the main layer of liquidity and price discovery.
Economic Sovereignty: Decisions about the DEX will be made through on-chain voting, without private entities involved.
🧠 Conclusion
Terra Classic doesn't need more experiments; it needs volume, trust, and real utility. Recovering Astroport is the fastest and most efficient way to strengthen the LUNC economy and attract developers back.
What do you think? Should the community take the reins of Astroport or do you prefer to see a completely new development? 👇
#LUNC #Astroport #TerraClassic #defi #CryptoGovernance