WebsCrypto
  • News
  • Prices
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Business
  • Markets
  • Blockchain
  • DeFi
  • Policy
  • Opinions
  • Guides
  • PR
Facebook Twitter LinkedIn Telegram
WebsCryptoWebsCrypto
  • News
  • Prices
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Business
  • Markets
  • Blockchain
  • DeFi
  • Policy
  • Opinions
  • Guides
  • PR
WebsCrypto
News

Terra 2.0 Is Suspected to Delegate the User’s Lock-up Tokens to the Validator Node by Default

By WebsCryptoMay 30, 20221 Min Read
Terra 2.0 Is Suspected to Delegate the User’s Lock-up Tokens to the Validator Node by Default
Share
Facebook Twitter Telegram LinkedIn Reddit Email

Twitter user Jaewoo Cho said that according to the relevant on-chain information and code comments, the Terra 2.0 network will by default delegate all users’ (even exchanges) tokens that are still in the lock-up phase to random validator nodes.

Except for the information about “enforceStakingForVestingTokens enforce vesting tokens to be staked” that can be seen in the contract code comments, the official has not released relevant announcements before. Jaewoo Cho believes this is unethical and reminds all Terra 2.0 holders (including exchanges) to re-delegate or de-authorize.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
Altcoin Crypto Cryptocurrency Exchange

Related News

Hackers Leaked LSD Protocol Unsheth Contract Deployment Private Key, Suspended Withdrawals and Contacted Hackers

Bitfinex Alpha Report Highlights Increased Volatility in Crypto Options Market Amid U.S. Policymakers Confused About Economic Conditions

Optimism Prepares for Biggest Upgrade in Bedrock History

EU Officially Enacts MiCA Regulation as Law

World Economic Forum Issues Recommendations to Governments and Industry on Cryptocurrency Regulation

Ethereum Should Return to Layer 1 Scaling via Rollup or Sharding, Says Cyber Capital Founder

The Latest
News June 1, 2023Updated:June 1, 2023
Hackers Leaked LSD Protocol Unsheth Contract Deployment Private Key, Suspended Withdrawals and Contacted Hackers
Markets June 1, 2023
Bitfinex Alpha Report Highlights Increased Volatility in Crypto Options Market Amid U.S. Policymakers Confused About Economic Conditions
Business June 1, 2023
Optimism Prepares for Biggest Upgrade in Bedrock History
News June 1, 2023Updated:June 1, 2023
EU Officially Enacts MiCA Regulation as Law
News May 30, 2023Updated:May 30, 2023
World Economic Forum Issues Recommendations to Governments and Industry on Cryptocurrency Regulation

WebsCrypto contains crypto news about cryptocurrencies, bitcoin, ethereum, altcoins and more.

Facebook Twitter LinkedIn Telegram RSS
Categories
  • News
  • Markets
  • Business
  • Markets
  • Opinions
  • Guides
  • Press Release
  • Sponsored
Tags
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Blockchain
  • DeFi
  • Regulation
  • Policy
About
  • About Us
  • Contact Us
  • Advertise
  • Crypto Prices
  • Privacy Policy
  • Terms of Service
© 2023 WebsCrypto.

Type above and press Enter to search. Press Esc to cancel.