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Eri-T

Hi, if I burn bLuna to Luna i anchor, I

screenshot

should expect 1:1 conversion in about 24 days. Anyone knows what these “Slashing events” could be that may affect the final amount withdrawn? 🤔

#anchor #cryptocurrency #english
0

3 ответов

22 просмотра
Marco-Widgetsmith

bLuna tokens equally share all losses from slashing events of whitelisted validators. Slashing events decrease the bLuna exchange rate, lowering the calculated value of a bLuna token. The protocol applies a fee of 0.5% to bLuna mints and burns whenever the exchange rate is below 1, targeting a gradual recovery to a one-to-one peg.

0
31.12.2021
Marco-Widgetsmith

if you want to know more about slashing here you can find some info https://docs.terra.money/Reference/Terra-core/Module-specifications/spec-slashing.html

0
31.12.2021

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