The amount of $LUNC staked on the Terra Classic chain continues to increase. The staked LUNC rate has risen to 16.01%.
The low price of $LUNC is directing investors towards staking transactions.
The staked LUNCs on the chain are being removed from circulation. They need a minimum of 21 days to re-enter circulation. For this reason, the increase in the amount of LUNC staked is very important for the stability of the Terra Classic chain.
#TerraClassic #USTC $USTC