The proposal, which will make the Terra Classic chain ready for the support of DAOs and Enterprise DAOs, was accepted with the votes of all #LUNC validators.
Voting ends tomorrow. Updates will take 8 weeks. These updates and their durations are as follows:
◾️Cosmos-SDK and Comet BFT upgrade: 1.5 weeks
◾️Wasmd and wasmvm: 1 week
◾️Addictions, Ibc Hooks and PFM: 1 week
◾️E2E test integration: 1 week
◾️Boost test: 1.5 weeks
◾️Testnet and mainnet deployment: 2 weeks
🎯 After all stages are completed, the Terra Classic chain will be ready for the support of DAOs. Terra support will be provided via PulsarFinance and Enterprise DAO via IBC Hooks.
💰 A $30,000 payment will be made for this update package from the $LUNC community pool.