Has Terraluna Classic been changed to include dynamic commissions for validators, burns, and oracle pool funds to push Lunch up to $1?
The Terraluna Classic community burns a large number of LUNCH tokens in order to reduce** and revitalize the ecosystem. One of the best validators submitted a proposal to improve the recently implemented Validator Dynamic Minimum Commission (Dyncomm) mechanism. He claims that LUNC tokens are burned by the best validators from the additional commissions they receive.
Terra Luna Classic confirmation type LED-BURN
The Lunanauts validator submitted a proposal on the Commonwealth forum to improve Dyncomm for burn and oracle pooling, but validators acknowledged that the proposal still needs to further modify and change Dyncomm's formula.
October's decree aims to maintain fairness among validators of different sizes, facilitate a balanced distribution of additional commissions, and include governance inputs for ongoing optimization. The implementation of these proposals contributes to a stronger and fairer dynamic minimum commission system," he said.
Validators recommend changes to 'Validator Scale Neutrality' to prevent larger validators from benefiting disproportionately. In addition, additional Dyncomm clusters are deployed for burning, oracle pools, and 50 25 25 allocations for community pools. Governance inputs are made to the allocation parameters of advanced validators, and the allocation mechanism is evaluated on a regular basis.
Lunanauts said Allnodes asks for a 10% commission, but the dynamic minimum commission increases it to 20%, "why not send an extra 10% to the burn and oracle pools?."”
Read more: Terra Luna Classic burns to reach 85 billion milestone, LUNC and USTC***
Throughout crypto Sunday, LUNC and USTC** continued to be under selling pressure. Due to the low trading volume over the past few days, investors continue to take profits. However, the community is optimistic about the upcoming recovery. #lunc