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HomeCrypto NewsMarketDo Kwon Refutes Claims That Terra Form Labs (TFL) Has “Special Privileges” Over LUNC Governance

Do Kwon Refutes Claims That Terra Form Labs (TFL) Has “Special Privileges” Over LUNC Governance

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A Twitter spat is brewing between Terra’s Do Kwon and another user who shot out a strong question at Kwon.


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Going by the handle “THORchain.BULL,” the user wanted to know why a governance vote earlier passed to have the LUNC delegation re-enabled is yet to be executed. According to this user, the fact that governance on LUNC is yet to be resumed means TFL still has all the control over it. Apparently, a LUNC market cap to the tune of $700 million is still left with no notable governance.

Kwon: Proposer To Work With Validators

Do Kwon is known to often engage in spats with users on Twitter – sometimes in a rather abrasive manner. This time around, he chose the diplomatic stance. Replying to the claims, Kwon explained that TFL has no absolute control over LUNC and that whoever came up with the proposal to resume delegation should coordinate with validators to forge the way forward and upgrade the network.

do kwon replying to thorchain bull

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Image source: Twitter

Won’t Pay Pylon Gateway Users

Another user came at Do Kwon with a rather sharp query. This user sought to know why Do Kwon and his company haven’t paid Pylon Gateway users. Pylon Gateway is a decentralized platform that facilitates the launching of utility tokens and governance systems.

Kwon responded, saying that indexing on Pylon Gateway is a public and not a private service. The tokens involved are from the community and Terra 2.0 doesn’t benefit TFL in any way. This echoes an earlier claim by TFL that Terra 2.0 would be under total control of the public.

When asked why TFL has gone for weeks without issuing updates on Luna V2 airdropping and indexing for Pylon users, Do Kwon responded rather aggressively, telling the user to submit his own code for auditing if he didn’t like TFL’s speed of solving issues.

pylon users 1

Plyon 2

Image source: Twitter

Kwon As A Controversial Figure

These recent twitter clashes aren’t the first such incidents involved Do Kwon. He has been involved in countless such exchanges in the past. At one time, he was quoted as saying that he lost all his money when Terra collapsed.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Author

Albert Brown
Albert Brownhttps://thecryptobasic.com/
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.

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