We agree with @PFC_Validator. We vote Yes on Proposal 4159 - Distribution of code for 3568 (for the 1.2% burn) and 4095 (re-enable delegation and staking).
The $LUNC community's wish to move forward with @TerraRebels should be respected. We don't see a better alternative.
#LUNC$LUNC friends:
We currently have too much voting power on terra classic.
We recommend you distribute your stake to other validators to increase resiliency and decentralization of the network.
PS - redelegating away from us does not require you to unbond
PSA for $Lunc community - 12 hours after staking being re-enabled, network is very skewed with top 4 validators having 72% stake (in other words, no other validators matters as it stands now). Top 7 have 87% stake.
Look beyond low commission when delegating. You wanted staking..
We had good intentions to keep our $LUNC commission at 0% till 2023 to celebrate the upgrade BUT given the current state of the network, we will be raising our commission to 2% in the coming days to encourage re-delegation to smaller validators for the good of the network.
> May'22, Terra crashes
> $LUNC trades at $0.00005
> Validators quit
> Revival / Burn plan proposed
> 28 validators from remaining set voted Yes
> Months later
> $LUNC price recovers
> Community stronger
Noisiest $LUNC FUDDers today...where were they 6 months ago?
We voted Yes to $LUNC #11030 as it was meant to fund work for a separate station backup endpoint.
Given recent developments we hope to see more transparency from @TerraRebels on cost breakdowns.
⚠️ We will vote accordingly on future funding requests based on this incident.
As the 2nd top validator on $LUNC we do not approve @TerraRebels of promoting other chains and products that hardly benefit $LUNC users especially after receiving $LUNC community funding to build their own infrastructure. MAJOR RED FLAG.
🤡 Why the F are you shilling a competitor chain and product when you have been funded with $lunc community funds to build an independent station infrastructure?
If you are a citizen of the Terra ecosystem, please use your voting rights on the following proposal. This is on the classic chain. station.terra.money/proposal/4661
