Terra Luna Classic Community Votes To Revise Gas Fees and Staking Undelegation Period
Terra Luna Classic Votes On Two Governance Proposals JESUSisLORD, validator and one of the popular community members, on July 14 said two Terra Luna Classic ( LUNC ) proposals by him are up for voting now on the Station. advertisement Proposal 11639 “Reduce Staking Undelegation Period to 14 Days” aims to reduce the LUNC staking undelegation period from 21 days to 14 days. It will give more flexibility to users regarding their staked LUNC and encourage more users to staking, which reduces the LUNC circulating supply. He believes that a 14-day undelegation period is sufficient for network stability and preventing volatility. Also, it avoids the complexity and penalties associated with fast undelegation proposals on Terra Luna Classic. Cosmos project Osmosis (OSMO) has a 14-day undelegation period. Also Read: Terra Luna Classic Validator To Burn Billions Of LUNC Tokens, Price To Rally? Recommended Articles ...