HomeCoinsTerra (LUNA)Disbursement Summary TDP 10.20.210 | by Jared | Terra Money | Oct,...

Disbursement Summary TDP 10.20.210 | by Jared | Terra Money | Oct, 2021

- Advertisement -


Delegation Execution:

Validators that qualified on 9.9.21 based on these criteria are listed here. A snapshot to determine delegation quantity, and active set status was taken 10.15.2. This snapshot was executed 10.20.21 with a redelegate subkey to prevent any security risk to the Terra wallet. At this time the redelegate function has been determined to be the safest and most efficient way to administer the program. This process was done by terravaloper addresses, and does not represent any endorsement or disapproval based on luna moved between validators. It is an administrative movement.

Final delegation size was averaged for voting power without TDP, and then brought to that average. So that all validators who qualify end up with roughly the same size of the total voting power. With 52m Luna allocated to the program, a threshold of 1,486,359 Luna was determined to be the maximum voting size the TDP could reach per validator.

Of the 57 qualifying validators on 9.9.21, 45 are receiving delegations. These changes are noted here. 11 validators were dropped from the delegation list, because they have over 1,486,359 Luna delegated to them. Only 3 validators were dropped due to unbonding, or jailing.
Terraforming, was jailed at snapshot. KK Validator, and TerraWorld were outside the active set due to low delegations.




Read the original article here

- Advertisement -
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,546FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 56,082.00
ethereum
Ethereum (ETH) $ 4,492.14
tether
Tether (USDT) $ 0.998179
bitcoin-cash
Bitcoin Cash (BCH) $ 558.41
litecoin
Litecoin (LTC) $ 199.88
eos
EOS (EOS) $ 4.00
okb
OKB (OKB) $ 27.48
tezos
Tezos (XTZ) $ 5.21
leo-token
LEO Token (LEO) $ 3.57
cardano
Cardano (ADA) $ 1.62
monero
Monero (XMR) $ 234.36
stellar
Stellar (XLM) $ 0.347997
chainlink
Chainlink (LINK) $ 25.16
huobi-token
Huobi Token (HT) $ 9.67
tron
TRON (TRX) $ 0.099995
usd-coin
USD Coin (USDC) $ 0.998622
dash
Dash (DASH) $ 176.63
neo
NEO (NEO) $ 37.15
iota
IOTA (MIOTA) $ 1.48
nem
NEM (XEM) $ 0.169082
zcash
Zcash (ZEC) $ 225.69
maker
Maker (MKR) $ 2,886.47
paxos-standard
Pax Dollar (USDP) $ 0.989835
ethereum-classic
Ethereum Classic (ETC) $ 46.59
vechain
VeChain (VET) $ 0.116142
true-usd
TrueUSD (TUSD) $ 0.996656
ftx-token
FTX Token (FTT) $ 48.42
kucoin-shares
KuCoin Token (KCS) $ 25.20
waves
Waves (WAVES) $ 20.96