Community Owned Wallet And/Or Partnership with Existing Wallet

Frendo… are you tired of building others’ castles while our chain crumbles?

A Community-Owned Wallet would change everything: one wallet, for every dapp — and every fee fuels our lovely lady LUNC’s future…

Project Codename: Community Wallet (Not Final) A Community-Owned, Chain-Native Smart Wallet for Terra Classic…

-Core Idea Community Wallet is a non-custodial smart wallet built by and for the Terra Classic community. It acts as a hub for every major Terra Classic dApp — including DEXs, staking, launchpads, USTC-based protocols, meme tokens and even the anti-meme and slayer of zeros — but most importantly, it is designed to: Route value back to the LUNC community through fee sharing, burns, and DAO revenue…

Instead of Layer-2s extracting value and fees for themselves, Community Wallet bakes in fee logic that supports LUNC burns, USTC repeg mechanics, and community-owned revenue from day one…

-Key Features dApp Aggregator Layer Integrates all major Terra Classic dApps: DEXs (Garuda, Terraport, Terraswap, etc.) Staking (auto-compounding, liquid staking) Lending (JURIS Protocol) Anti-meme and meme token trackers NFT gallery and mint portals Users can access all from a unified interface…

Fee Capture & Redistribution 0.1–0.5% fee on swaps, staking rewards, NFT mints, and other interactions. Fees routed in one of three ways: Portion burned in LUNC or USTC. Portion distributed to a “Community Revenue DAO.” Portion goes to ecosystem grants (builders, wallets, new dApps). Governance-Controlled Fee structures, dApp inclusion, UI improvements — all subject to governance…

-Why It Matters It Realigns Value Capture.. Today: Users generate activity → L2s get the fees → nothing flows to LUNC… With Community Wallet: Activity feeds the chain → burns tokens → grows treasury → incentivizes devs…

-Gives Builders a Platform dApp creators can plug into the wallet with a common interface + exposure… No need to battle for attention — let the wallet be the launchpad…

-Makes “Building” Tangible Again No more abstract promises. Real, trackable, auditable volume + burns + revenue metrics shown in-wallet…

-Sets the Stage for Repeg & Growth Community Wallet could be central to USTC’s repeg efforts by: Offering one-click LP creation with LUNC/USTC. Auto-routing arbitrage… Highlighting apps that burn USTC or use it for utility…

What say you frendo?!? Axing for a frendo… Now let it be known and thus spake… To Victory!!! PER ASPERA AD LUNA!!!

1 Like

Honest opinion: Waste of time and money.

Hey Danny, thanks for taking the initiative to open this discussion here, we both see the vision and incredible potential. You nailed the core vision. What’s striking is how much we’re really just picking up where Terra Station left off, with an elite blank canvas and the original branding to boot. A key difference now is that we have a chance to make it truly serve LUNC and the whole ecosystem. This would include cosmos and beyond. Thorchain’s buy of Station wallet, for millions during the market turmoil and extreme stress just witnessed wasn’t a fluke. It’s a clear bet on something foundational, robust and proven extremely valuable. And the code’s still open, waiting for us to unlock it properly.

Fee sharing is just the tip of the iceberg and changes everything. Fee sharing wasn’t available pre-lunc and has been made available to LUNC through Reese with a strong push from 2-3 community members. I was one of those myself. The real power is in what the wallet will let users do, and even developers in the entire ecosystem do, all in one place, without juggling tabs or apps or even a need for a laptop. Imagine this: you want to treat someone to lunch but don’t have LUNC or stablecoins handy. Log into the wallet, pick an L2 where you’ve got rewards, withdraw, convert tokens seamlessly, and pay, lunch’s on you, all from one app. No switching, no delays, no extensive search and typing in address and URL’s. There, at the touch or swipe on a finger, as laptop extensions, widgets etc. Potential applications are extensive. Cold storage wallets, offline transfer wallets, LUNC ledger wallets, of course at a later date but highlight why VC’s have spent $Billions in the wallet space since LUNC was born (which I highlight later). All working seamlessly, for unrivalled user experience and capabilities, and working with in house infrastructure already built, leveraging LUNC builder tools, and potentially apis.

Lets say you want to buy shares through the Selenium app, take a loan with Juris, stake LUNC and USTC, swap currencies while on holiday, or even pay for flights through a crypto travel partner, you could do it all without leaving the wallet. Eventually, you’ll have a linked bank card to spend directly, turning crypto holdings into everyday purchasing power. Some banks now offer withdrawals with ATM generated QR code’s, withdrawing cash at an ATM using just your LUNC wallet, no card, sound good?

These are just a few to mention of course, revenue potential undeniable. Incredible payment options exists that we aim could link to and to partner with. With fee sharing an instant attraction and reason for potential partners to listen to us. Immediately creating a “win win” before discussions, and approach or out reach is a further powerful negotiating position begin with ensuring Terra Classic is again an attractive partnership proposition. AirTM, Paypal, Payoneer to mention a few, are all adopting and investing into the “E-wallet solutions and crypto solutions” space as they call it. Trust wallet, a mid tier “Non-profit” are rumoured to have made $120mil in revenue during a “turbulent” 2024 for them, and aren’t at the level that Station wallets was, despite the 3 year advantage and sizeable fundraisings we are aware of. Currently, they have a larger market capitalisation than LUNC in its entirety, further strengthening the Supper App/Wallets incredible potential.

Want to shop on Amazon or explore, go to your favorite L2 metaverse. One app, one interface. Need the best DEX prices? They can be aggregated and accessible instantly. Arbitrage trading? No more frantic tab juggling and lost seconds, everything’s streamlined.This isn’t just a wallet. It’s a payment gateway, a financial hub, and a launchpad and showroom for L2 tokens and dApps. It’s the kind of infrastructure that brings real-world utility to crypto & LUNC, something users have been waiting for but haven’t seen executed well yet in crypto as a whole imho.

From a market perspective, the opportunity is massive. Trust Wallet, SafePal, Phantom, MetaMask, Ledger, these wallets have market caps in the hundreds of millions, some even billions, despite many being non-profits or community projects. That tells you the value investors, VC’s and users place on wallets that deliver seamless, secure, multi-chain experiences. We don’t need to spell it all out. The potential’s there, under the surface. If we get this right, LUNC won’t just be a coin people hold, it’ll be the backbone of an ecosystem that’s easy to use, profitable, and ready for real adoption.

What this wallet will let users do (and this is just scratching the surface):

  • Shop on Amazon or other platforms directly from the app, via metaverse marketplaces
  • Withdraw rewards or tokens from any L1/2, convert and pay instantly—no extra apps or tabs
  • Buy shares or assets via integrated apps like Selenium
  • Take loans or credit lines through protocols such as Juris
  • Stake LUNC, USTC, or other tokens with auto-compounding and liquid staking options
  • Swap currencies on the go, ideal for travel or arbitrage trading, all within one interface
  • Pay for flights, hotels, and travel services through crypto travel partners integrated into the wallet
  • Manage multiple yield or interest-bearing accounts, with easy withdrawal and conversion choices
  • Use a linked bank card to spend crypto balances anywhere, bridging crypto and fiat seamlessly
  • Access NFT galleries, mint portals, and track tokens without leaving the wallet
  • Aggregate best DEX prices and farming opportunities across Terra Classic and L2s
  • Participate in governance and community revenue sharing with transparent metrics
  • Serve as a payment gateway for merchants, enabling real-world crypto payments and adoption
  • Monetize social media and content creation through fee sharing and creator rewards
  • SaaS projects, tools, and apps built by community members, including encrypted chat applications, spell checkers, password managers, document writing and filing tools, calendar organizers, translators and converters, social media idea creation and content generation tools, scheduling and marketing campaign tools, or even decentralized social media platforms or alike leveraging GitHub etc.
  • Own a first native, self-sustaining, revenue generating product that can fund multiple teams for further LUNC development, further decentralizing L1 development, encouraging elite production & a solid reason for fast and high quality shipping, and once again attracting elite and creative developers back to Terra.
  • Owning a super app/wallet that will be a foundational asset to refocus on Terra’s elite builder tools, also expected to be available from V2 to the best of my knowledge.
  • Enable us to begin once again building strong strategic reserves through governace votes, BTC, XAU, bond etc
  • Virtually no limits to revenue-generating ideas, giving builders an instant platform to launch and stay ahead of the crypto user experience curve.
  • Repositioning LUNC and providing innovation that other chains lack.
  • Significant market capitalization potential. See the table below or the follow-up write-up for more details. (And this list is far from exhaustive; the potential is vast enough that you and I could both continue adding to it.)

Strategic Advantages of a Native Wallet for LUNC

  • Open-source upgrades developed for the native wallet are freely available to all L2 wallets using the codebase, raising the standard across the ecosystem.
  • Opens use up to partnerships for services, Revolut and On/off ramp, Travel apps, Hotel apps, all defi & crypto based apps could add lunc as a partner fostering business minded approaches for ventures
  • Highly attractive for VC investments with proven hunger to invest in wallet apps and solutions
  • Rebuild partnerships through a LUNC owned asset with exchanges currently being gatekept by unknown lunc entities. The wallet allows us a clean approach to re-estiblish old startegic partnerships and re-open damaged connections. E.g, Mexc. Currently they have been told not to speak to any lunc community members/stakeholders outside of a private group, with unnamed parties and Mexc. Wallet would allow Mexc to speak to us again, with them keen but restricted, in allowing our L2’s a cheap and far easier pathway to Mexc listing. Currently they struggle or pay full prices. Mexc are unable to change this outside the current private group they were tasked to open, on LUNC instruction. They’re utilising Mexc communication policy limitations where they can only have one group “per project” policy (the current gatekeeping exploit). Building this wallet would free them from the stranglehold and allow them to open a new LUNC project group. They are keen on partnership again. I could try to re-open this line or hand it over to the LUNC team building. L2’s will save $10k’s requesting token listing and be given the same “path to listing criteria” as Solana meme coins, a highly valuable and easy listing process. I can only confirm this is the case with Mexc.
  • L2 wallets can innovate beyond the native wallet, pushing the boundaries of super app capabilities and staying ahead of competition, including the native wallet itself.
  • LUNC endorsed L2 wallets should create L2 wallet tokens, generating multiple strong market caps within the ecosystem, further monetising the native LUNC Super App/wallet and boosting our market cap in turn.
  • Fee sharing incentivises builders across all ecosystem apps to integrate and request super app inclusion, from gaming to real-world assets.
  • Governance controls fee structures, feature rollouts, and dApp integrations, ensuring community-aligned evolution.
  • The wallet supports limitless use cases, including social media monetization, NFT marketplaces, gaming, payments, and more.
  • It aligns with global open standards promoting interoperability, security, and transparency, future-proofing the ecosystem.

Wallet Market Caps & Investment Highlights June 08, 2025.

  • Trust Wallet - Current Market Cap (TWT token): $355 Million
    Binance acquisition for a rumoured $500M in 2018 (reported), non-profit. multiple news sites - Mid-tier wallet
  • SafePal: Estimated Value: $900mil (est. value - $45 Million VC raise valuation)
    Current Market cap(SFP token): $245 Million
    Binance Labs investment, VC-backed - Lower- mid tier
  • Phantom : $3 Billion (est. $150 Million 2022 VC raise valuation)
    Popular Solana wallet, $150mil VC raise in 2022, marking a $3 Billion Valuation - Top Tier
  • MetaMask: $4.3 Billion (est. 2022 - $250 Million VC raise Valuation). More reflective: $1.8 Billion (est. Market share and visible revenue)
    Leading Eth wallet, VC funding rounds $450 Million+ since 2018 - Top tier
    *Ledger: $3.8 Billion (est. 2022 - $220 Million Vc raise valuation)
    More reflective: $1.5 Billion (est. Market share and visible revenue)
    Hardware wallet leader, VC funding rounds of $350 MIllion since 2018 - Elite
    *Exodus: $140 Million (est.)
    User-friendly multi-asset wallet - Lower tier
    *Argent: $180 Million (est.)
    Smart contract focused, storage wallet, VC-backed - Lower tier
    *Rainbow:$115 Million (est.)
    Eth focused wallet, VC-backed - Lower tier

Sources: Perplexity, CoinGecko, CoinMarketCap, Binance, Bloomberg Terminal News, Google Search, Grok 3.

In a separate post I’ll expand in depth on a few of the points mentioned above. It will further highlight just some of the insane revenue generation opportunities we’ve both listed so far. A key point to note is how advantageous this would be for LUNC endorsed supporting L2 wallets. LUNC would not need to launch a native wallet token itself, LUNC is already the “value accrue” token/coin. Instead, we will capture additional wallet value & LUNC market capitalisation as well as value add on top and into the ecosystem, through endorsed L2 Wallet Token launches and support.

This will reflect in the LUNC coin’s market capitalisation as an additional enhanced market valuation metric, allowing for real intrinsic value to be created through additional fundamental market forces and fundamental valuations as well as those created by the native LUNC Super App/Wallet.

In addition this will significantly expand our “scope and practical reason” to invite and request VC fund raising opportunity, further than only the native LUNC Super App/Wallet. Endorsed wallets should also seek such fund raising and can be supported by LUNC wallet team & stakeholders (aka community members) if they lack contacts or experience. This approach allows LUNC endorsed L2 version wallets to launch their own wallet tokens, with support and market leading features. This will create valuable projects in the ecosystem and allow us to further monetise the value created by the native LUNC Super App/Wallet. All via Governance voting.

We should aim to foster significant wallet tokens that the Native LUNC wallet endorses and aid them in successful Wallet Token launches for their L2 version wallets. This is not only to create highly respectable market caps within the ecosystem and attract VC funding with “scope and practical reason” but also to create high value L2 wallets to claim back market share from high value wallets I mentioned earlier. Many of which are worth more than Lunc in it’s entirety. Which massively highlights how Crypto and VC’s value the wallet development in crypto. $BIllions have been invested in wallets since 2022 as shown above and it remains a keen area of interest to high level VC funding and high potential space for bidding for funding. We don’t need funding for this however, which is fantastic, we should take it under correct conditions of course but very mindfully.

By encouraging LUNC endorsed L2 wallets to successfully launch tokens, we are not only enriching our own holders and project developers but also making that value visible, allowing markets to add to Terra Classic’s market cap in more ways and fundamentally. This technique ensures the full wealth of value created by the native wallet is extracted in multiple creative ways, adding genuine value to users through options and better alternatives while driving standards. All of this is kept within the Terra Classic ecosystem as it should be, enriching all participants, L2 projects and most importantly Terra Classic stakeholders alike, through fee sharing, airdrop allocations, and more. This visibility of value will also boost both the market cap of LUNC and the overall value of the entire ecosystem.

This is only scratching the surface. It would be an incredible investment and most of the core infrastructure, is already there. We also have multiple L2’s who used the same formula and could likely be a huge assistance in a solid launch and telling us of any development issues. We are aware that a functional good standard version isn’t an huge expense and incredible value for money based off past proposals and expert advice to the community, particularly L1TF (LBA & Ed) and previous Samurai quotes. Now the community is spending, the ROI on this would be extremely attractive and subside anything we currently have. A huge step towards rebuild and renouncing Terra Classic once again and positioning us back into the light. As well as giving our community something that isn’t only theirs but something to really look forward to and be excited for. Marketing will be free and the noise loud again. We deserve to own assets and our own money again and multiple funded teams. A solid foundation to rebuild.

The major win? Builders will again believe, en mass, money is here to be made and a place to be front and center of users for their projects available through the Super App/Wallet hub. This draws builders back. They will see clear & defined revenue methods, methods of monetising work and development, which we don’t currently have. My hope is that we then expand beyond and focus new teams we can then fund, to begin working again on building elite developer tools. We should also leverage AI and all through the super app/wallet, TFL code and repo’s that we can access and revive including linking and opening APi’s (if we have them) for builders. This wallet can do all the above and much more.

So just a small vision so far. We can continue to expand the other ideas we have and also hear from others. I’ll still add a bit more in the next post.

In a way Galaxy Station is our Community Owned Wallet no? We paid $$$ for it, after all.

I’m not to sure who the project team or owners are. As far as I am aware, we don’t own one. I haven’t seen any proposals for us to vote on for anything Galaxy wallet related. There was an incident 2023 that wasn’t kind marketing. There was a wallet that created a collective push among many LUNC KOL’s, in which many of our holders were panicking by withdrawing and unstaking. They were again propagated and we were told in this effort, TFL were “sunsetting” Terra Classic specifically on an upgrade. To the extent 1 Val team had to quickly make a detailed video tutorial to stem the panic by explaining various wallet options but most important, that no one had to unstake or withdraw or pay tax (1.2%) and lose 21 days of rewards. Many left not knowing if they would actually be able to access those coins again and bombarding TFL with angry messages. Jared from TFL was watching the losses and came back to the community on the 2nd day to stop it all, clearly very upset and had to defend TFL from the rumour we spread, such was the strength of the narrative. This is where the community learned “a wallet is like a window or viewing glass”.

That wallet earned 23k new addresses in less than a day and sections of the community were celebrating how many active user we have and the “on chain volume increases” in the debacle. It was being eluded to as a native wallet till it was called out due to what was being allowed to happen.

Being honest, I can’t remember who that was, but I reference it because there was this collective effort to push another other wallet, falsely, as native and community owned. If that was Galaxy wallet then maybe this is why you may refer to it as “community owned”?

You aren’t the first to say or think this. We do not own a wallet that I am aware of. I can’t find any revenue it’s generating for us, any feature updates, when we released it, no L2 integrations or guidance on one, or like I say, any governance for it etc

Hope this helps?

It would be great if we do own one and a huge head start to start making it highly profitable again. We can begin putting a team together if we don’t already have one. They should come forward if so, this would be really great for LUNC. All ideas above are fully based around the original Terra station wallet end vision.