Fund Terra Classic Relaying Activity Proposal – Explained for Beginners
Overview
This proposal requests financial support from the Terra Classic Community Pool to fund the operation of the IBC relayer that connects Terra Classic with the Cosmos chains Osmosis, Noble, and Axelar. The requested funding covers six month of operations to maintain stable network connections and liquidity across the ecosystem.
Why the Relayer Matters
The Inter Blockchain Communication IBC protocol allows blockchains in the Cosmos ecosystem to communicate and transfer tokens. The relayer acts as the bridge that keeps this communication working. Without a properly maintained relayer:
- IBC transfers and interchain transactions might fail
- Tokens or data packets could get stuck
- Users might lose access to liquidity
- Terra Classic could become isolated from the Cosmos network
A dependable relayer ensures Terra Classic remains active, connected, and useful within the Cosmos ecosystem.
Who Operates the Relayer
The relayers connecting Terra Classic to Osmosis, Noble, and Axelar are managed by the LuncGoblins team. Running these relayers requires ongoing costs for server infrastructure, data feed services, transaction fees, and manual maintenance. These costs have been privately funded until now but that approach is no longer sustainable. A public donation campaign on X did not reach its target. This proposal asks for direct community support from the Community Pool.
Cost Breakdown
| Description | Details | Monthly Cost € |
|---|---|---|
| Hardware | 4 chains times €130 | 520 |
| Feed Services | 4 chains times €100 | 400 |
| Labor | 2 hours per week times 4 weeks times €60 | 480 |
| Subtotal | 1,400 | |
| VAT 19 percent | 266 | |
| Total per Month | 1,666 |
Six Month Total
€1,666 times 6 equals €9,996
Requested Amount
€10,000 in LUNC equivalent at the time of disbursement.
Implementation Plan
If approved, this proposal will fund the continued operation of relayers for Osmosis, Noble, and Axelar for six month. The operator will:
- Guarantee reliable uptime during the entire funding period
- Provide transparent public reports for any maintenance or outages
- Ensure that Terra Classic maintains stable IBC connectivity with other networks
Conclusion
Approving this proposal will secure Terra Classic’s essential IBC connections supporting liquidity interoperability and a smooth user experience across the Cosmos ecosystem. Reliable relayer funding will keep Terra Classic connected and functional and strengthen its position within the broader blockchain network.
