shittons get to keep staking while we sit and have to stake tiny amounts?
Or are they unable to stake as well? Thanks btw for the response.
Yes, those of us who were staking before then are still able to keep those coins staked.
wow...pretty shitty. So basically two tier society. That seems shady as hell tbh. Thanks again for the answer though.
Not really, I only have a few cents worth staked, same with the rest of us 😂
It was done to prevent a governance attack because anyone can buy a large amount of voting power cheaply and do whatever they want with the chain.
Isnt that the point? Community control? basically this is a soft coop then... There will now be two tiers of users...one who had shittons before the crash and can earn from those... And those who arent allowed despite being the ones buying it up to keep it afloat...
What? It means a single entity could have bought 67% of the supply, and thus enacted anything they wanted, like all transaction fees going to their own wallet
If they had done that they would be the ones risking destroying the stake they bought :/ These things iron themselves out naturally. That is why I thought everything was being community driven now... Either way is there any plan on ever changing this? Or are we now stuck in the situation (that is not really any better), wherein the few who had shittons of luna staked get to keep staking and sharing overly large % rewards due to the lack of others allowed to participate?
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