### Author:  [@LongVuong](https://forum.viction.xyz/u/LongVuong)
#### Post date: [3 October 2020 09:20 UTC](https://forum.viction.xyz/t/some-of-my-twitter-thoughts-on-the-direction-of-luaswap/623/1 "2020-10-03T09:20:22Z")
LuaSwap protocol is governed by LP community, while the core team is the key technology parner.
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The economics of $LUA [https://twitter.com/longvuong22/status/1312235884817727489](https://twitter.com/longvuong22/status/1312235884817727489)
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### Author:  [@Gus](https://forum.viction.xyz/u/Gus)
#### Post date: [3 October 2020 13:28 UTC](https://forum.viction.xyz/t/some-of-my-twitter-thoughts-on-the-direction-of-luaswap/623/2 "2020-10-03T13:28:52Z")
Some things that imo are really needed to at least start discussing before having any meaningful votes or changes for Lua swap:
- Process for proposals, with guides for the community
- Have some quorum introduced
- Look at adding LP tokens, or locked tokens, for voting. As currently LPs may have no voting power, and many of these have a far longer term outlook than someone that has simply bought Lua
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### Author:  [@LongVuong](https://forum.viction.xyz/u/LongVuong)
#### Post date: [3 October 2020 14:16 UTC](https://forum.viction.xyz/t/some-of-my-twitter-thoughts-on-the-direction-of-luaswap/623/3 "2020-10-03T14:16:08Z")
I think LP community would welcome a concrete proposal.
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### Author:  [@intothemoon12](https://forum.viction.xyz/u/intothemoon12)
#### Post date: [4 October 2020 10:03 UTC](https://forum.viction.xyz/t/some-of-my-twitter-thoughts-on-the-direction-of-luaswap/623/4 "2020-10-04T10:03:55Z")
This sounds great. Only thing I can see is how to make exposure to $lua attractive for serious cash to flood in.
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### Author:  [@bmunch](https://forum.viction.xyz/u/bmunch)
#### Post date: [6 October 2020 16:27 UTC](https://forum.viction.xyz/t/some-of-my-twitter-thoughts-on-the-direction-of-luaswap/623/5 "2020-10-06T16:27:54Z")
Gus I agree here. The proposal process needs to be built. As for quorem, I am uncertain - as if you don’t give a reward for voting, many tend not to vote. You mentioned some kind of voting tokens… yes, if you have sold your 25% LP reward, but still technically own thousands more in lock-up, it sucks that you cant vote with them. Most LP whales I have heard from, sell their 25% up-front.
I am creating a new vote around improving proposal quality. There is too much crap ones with small description or even wrong format (asking a question). I think we should add:
- Require LUA to create new proposal (even small amt)
- Provide a skeleton format in text of new proposals, such as “Description, Motivation, Vote… etc”
- Encourage linking to discussion
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### Author:  [@Franz](https://forum.viction.xyz/u/Franz)
#### Post date: [7 October 2020 13:57 UTC](https://forum.viction.xyz/t/some-of-my-twitter-thoughts-on-the-direction-of-luaswap/623/6 "2020-10-07T13:57:47Z")
I agree on the need of better proposals.
I don’t agree on your sympathy with the whales who dumped and made their money already. If it were possible I would propose to burn all locked tokens. But in reality whales will dump again a whole year long - starting in January…