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

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

By WebsCryptoMay 30, 2022
Terra 2.0 Is Suspected to Delegate the User’s Lock-up Tokens to the Validator Node by Default
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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.
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