{"id":195,"name":null,"username":"0xPhilipp","avatar_template":"/user_avatar/forum.phoenix.money/0xphilipp/{size}/7_2.png","created_at":"2026-10-19T20:54:48.315Z","cooked":"\u003cp\u003eBefore anything else, please disclose your identity and any potential conflicts of interest, including any relationships with current PF Directors. Given the seriousness of your accusations, transparency should apply to you as well.\u003c/p\u003e\n\u003cp\u003eAs A272 makes clear, I have serious and longstanding concerns about the current Board’s ability to act in accordance with its mandate and Terra’s best interests. These concerns are supported by internal discussions.\u003c/p\u003e\n\u003cp\u003eThe TLA contracts remain under ERIS administration because ERIS continues to develop, maintain and operate them. Given my unresolved concerns about the current Board, ERIS Team has not considered transferring that authority appropriate. This is not something I am trying to conceal, and the Emergency Supervisor is welcome to examine it alongside everything else.\u003c/p\u003e\n\u003cp\u003eYour accusation of coordinated voting is baseless. \u003cstrong\u003eThere is no voting agreement between MB and me.\u003c/strong\u003e Reaching the same conclusions independently does not constitute coordination or governance capture. Similar accusations have already been made internally, and I welcome an independent Emergency Supervisor examining them alongside the underlying evidence. \u003cstrong\u003eSerious allegations of this nature demand serious evidence, and if they are found to have been made in bad faith, that should carry consequences as well.\u003c/strong\u003e\u003c/p\u003e\n\u003cp\u003eInvoking legal counsel and suggesting consequences for those supporting this proposal appears intended to pressure the governance process toward your preferred outcome. That is a dangerous precedent for Terra Governance, particularly when the proposal seeks nothing more than an independent review of the Foundation’s internal situation and a remedy to resolve it.\u003c/p\u003e\n\u003cp\u003e\u003cstrong\u003eThe proposal seeks independent scrutiny, not immunity from scrutiny.\u003c/strong\u003e\u003c/p\u003e\n\u003cp\u003eNothing in this proposal predetermines the final governance structure. If the Emergency Supervisor concludes that a five-member Board with a 3-of-5 threshold is the appropriate solution, that recommendation can be brought forward. The purpose is to establish an independent process capable of reaching conclusions based on evidence, rather than allowing those currently involved in the dispute or those looking from the outside with personal agendas to dictate the outcome.\u003c/p\u003e\n\u003cp\u003eIt is increasingly concerning how much effort is being directed toward preventing that independent review from even beginning. This raises serious questions about why a process intended to establish accountability is being met with such resistance. And serious substance from A272 about chain and user funds safety is ignored.\u003c/p\u003e\n\u003cp\u003eThis will be my final response on the matter, due to legal threats made. Constructive discussion appears to have run its course, and I intend to submit the proposal on-chain in the coming days so that the Foundation can move toward resolving these issues and functioning effectively again.\u003c/p\u003e\n\u003cp\u003eValidators know who has been here and fighting for Terra and who wasn’t. Don’t let Terra become Terra Classic.\u003c/p\u003e","post_number":55,"post_type":1,"posts_count":59,"updated_at":"2026-10-19T21:17:51.092Z","reply_count":0,"reply_to_post_number":54,"quote_count":0,"incoming_link_count":0,"reads":11,"readers_count":10,"score":32.0,"yours":false,"topic_id":47,"topic_slug":"phoenix-foundation-appointment-of-an-emergency-supervisor","display_username":null,"primary_group_name":null,"flair_name":null,"flair_url":null,"flair_bg_color":null,"flair_color":null,"flair_group_id":null,"badges_granted":[],"version":2,"can_edit":false,"can_delete":false,"can_recover":false,"can_see_hidden_post":false,"can_wiki":false,"user_title":null,"reply_to_user":{"id":84,"username":"Ex_TFL","name":null,"avatar_template":"/user_avatar/forum.phoenix.money/ex_tfl/{size}/92_2.png"},"bookmarked":false,"raw":"Before anything else, please disclose your identity and any potential conflicts of interest, including any relationships with current PF Directors. Given the seriousness of your accusations, transparency should apply to you as well.\n\nAs A272 makes clear, I have serious and longstanding concerns about the current Board’s ability to act in accordance with its mandate and Terra’s best interests. These concerns are supported by internal discussions.\n\nThe TLA contracts remain under ERIS administration because ERIS continues to develop, maintain and operate them. Given my unresolved concerns about the current Board, ERIS Team has not considered transferring that authority appropriate. This is not something I am trying to conceal, and the Emergency Supervisor is welcome to examine it alongside everything else.\n\nYour accusation of coordinated voting is baseless. **There is no voting agreement between MB and me.** Reaching the same conclusions independently does not constitute coordination or governance capture. Similar accusations have already been made internally, and I welcome an independent Emergency Supervisor examining them alongside the underlying evidence. **Serious allegations of this nature demand serious evidence, and if they are found to have been made in bad faith, that should carry consequences as well.**\n\nInvoking legal counsel and suggesting consequences for those supporting this proposal appears intended to pressure the governance process toward your preferred outcome. That is a dangerous precedent for Terra Governance, particularly when the proposal seeks nothing more than an independent review of the Foundation’s internal situation and a remedy to resolve it.\n\n**The proposal seeks independent scrutiny, not immunity from scrutiny.**\n\nNothing in this proposal predetermines the final governance structure. If the Emergency Supervisor concludes that a five-member Board with a 3-of-5 threshold is the appropriate solution, that recommendation can be brought forward. The purpose is to establish an independent process capable of reaching conclusions based on evidence, rather than allowing those currently involved in the dispute or those looking from the outside with personal agendas to dictate the outcome.\n\nIt is increasingly concerning how much effort is being directed toward preventing that independent review from even beginning. This raises serious questions about why a process intended to establish accountability is being met with such resistance. And serious substance from A272 about chain and user funds safety is ignored.\n\nThis will be my final response on the matter, due to legal threats made. Constructive discussion appears to have run its course, and I intend to submit the proposal on-chain in the coming days so that the Foundation can move toward resolving these issues and functioning effectively again.\n\nValidators know who has been here and fighting for Terra and who wasn’t. Don’t let Terra become Terra Classic.","actions_summary":[{"id":2,"count":2}],"moderator":false,"admin":false,"staff":false,"user_id":3,"hidden":false,"trust_level":2,"deleted_at":null,"user_deleted":false,"edit_reason":null,"can_view_edit_history":true,"wiki":false,"post_url":"/t/phoenix-foundation-appointment-of-an-emergency-supervisor/47/55","reactions":[{"id":"heart","type":"emoji","count":2}],"current_user_reaction":null,"reaction_users_count":2,"current_user_used_main_reaction":false,"can_accept_answer":false,"can_unaccept_answer":false,"accepted_answer":false,"topic_accepted_answer":null}