PSA for $LUNC delegates of Smart Stake:.
04 Feb 2023, 15:47
PSA for $LUNC delegates of Smart Stake:
With the imminent passing of #11324, Smart Stake will shut down its $LUNC validator on 25th February. Please redelegate to a validator that aligns with your needs.
Parting tip:
- build your knowledge of the utility of $LUNC and how different proposals change it
- know the timeframe for which you want Terra Classic to succeed. Are you in it for the short term benefits, long term sustainability?
- w.r.t the repeg, understand and differentiate between the short term demand/supply of $LUNC and $USTC. See
- understand the supply aspects of $LUNC and how it may change in different situations with the repeg
- pay attention to prevailing decentralization metrics and seek to improve them
Lastly, two of the smart stake dashboards supporting $LUNC will not support it after the validator goes down (terrav1.smartstake.io / decentralization.smartstake.io). Please find/use alternative tools.
Best wishes