The Nakamoto Index of the Terra Classic chain has dropped from 6 to 4. This is not a good development for decentralization...
After 99 billion $LUNC were staked to the AutoStake validator, the voting power of the top 4 validators on the Terra Classic chain exceeded 33.33%.
The main goal of the Terra Classic chain should be to increase decentralization. The "dyncomm" system is used in this regard, but the Nakamoto Index still does not increase.
The supply of $LUNC could be 6.5 trillion, but with ownership of 100 billion, you can change the balances on the Terra Classic chain. This will raise questions about what the real supply of $LUNC is...