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Terra Classic Developers Squabble Over Millions In Off-Chain Assets

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Terra Classic developers exchange words as differences come to the fore over how the community should handle off-chain assets.

Members of independent Terra Classic development groups threw jabs at each other in a Twitter thread yesterday as debates over the management of newly discovered millions in off-chain funds reach a fever pitch.

It comes as an unknown community member with the alias Rabbi Jebediah Aaron-David Shekelstein made a governance proposal that effectively allocates over 40% of the fund to the Terra Rebels. In addition, the proposal also seeks to exclude former Terra Rebels Quantitative analyst Alex Forshaw from future governance in exchange for a 1% finders fee.

In response to the proposal, Rex Harrison, AKA Rexzy of the TerraCVita, asserted that he would be voting against the governance proposal describing it as “racist, elitist, and exclusive.” Additionally, he agreed with a sentiment from Forshaw that even if the proposal planned to compensate the rebels for their past work, many of the key contributors were no longer part of the group.

(By Mark Brennan)

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