We will probably have to wait until after January 2026 to perhaps see a change, or at the very least, see what will become of the Terra coins 🙏🏻
TerraHaberTR
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The funds of $LUNC and $USTC in the Terra Classic Oracle Pool continue to decrease.
The staking revenues are covered from this pool. Validators and users staking $LUNC receive their rewards from here. 10% of the burns on the Terra Classic chain come to this pool, yet the funds continue to decrease.
We value this pool. As the funds in this pool decrease; the staking yield (APR) rates will also decrease. If the value of $LUNC and $USTC remains low in this way, it will be difficult to find validators. The number of staking users will decrease.
70 billion $LUNC is a good amount, but considering the total supply of 6.5 trillion, it is a very low amount. For these quantities to be valuable, the value of $LUNC and $USTC must rise. If this pricing continues, the Terra Classic chain will not be able to sustain it.
Currently, many validators are incurring losses. Nevertheless, they continue to provide their services. We will soon find out what the motivation is that allows them to continue their services. Time is running out...
#TerraClassic #LUNC #USTC #Bullish
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