Following The Arrival Of New Validators, Over 111 Billion LUNC Are Staked In One Day
In a tweet shared by a member of Terra classic development group TerraCVita, said that holders had staked over 111 billion LUNC in one day following the arrival of new validators, representing a daily spike of about 12%.
“In the last day before new validators arrive: Staking is up 1.5% to nearly 12%,” the TerraCVita member wrote. “This shows massive long-term confidence in LUNC with a move to a positive economic ecosystem rather than a destructive high tax one.”
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https://twitter.com/RexYellerBelly/status/1585264482363875331
New Validators Launch
It is worth noting that the surges came following the day before the new validators launch and the member of the TerraCVita noted...