Thread by @terra_money

1/ Recently, bad actors have been capitalizing on Terra-related events by purchasing $LUNA & posting fake proposals on Station with phishing sites quoted in the link. These proposals claim to lead users to a preview of Terra 2.0 & dApps launched by us - which is not the case.

2/ In addition, we have also seen a rapid increase in spam proposals as the discount on $LUNA made it economically cheap to post anything one desired.

3/ To prevent scams/spam & protect users, props will be added to an allowlist (visible after clicking on “Governance” on Station) at this point while we try to find a more sustainable solution in preventing these types of props from being posted on Terra’s Governance platform.

4/ Our goal is not to censor viable proposals, but rather to protect users from scams & ensure an excellent user experience. For those who would like to view all proposals, including potential scams/spam, simply click the “Show all” button on the “Governance” page on Station.

5/ 🚨 IMPORTANT 🚨

Clicking on the “Show all” button may reveal potential scam proposals. Please beware of these types of posts to keep your funds safe.

6/ Anyone interested in posting a viable governance proposal to be added on the allowlist are welcome to do so by submitting a pull request here 👇

github.com/terra-money/as…

7/ Note: The idea of increasing the $LUNA cost to post a proposal (to prevent scams/spam) has been discussed & is non-viable at this time. This option would take 7 days to pass through governance, in which time many scams/spam would continue to cause issues & losses.

8/ $LUNA’s price volatility also renders this non-viable as the cost to post a prop could end up as economically prohibitive for most.

9/ Please be on the lookout for scams & stay safe out there #LUNAtics!