That's just the gas fee required, high activity on the network also affects gas prices.
Hi - I have a question for support. I have bEth that was stuck on terra classic. It was stuck on a lost wallet, is there any way to repatriate this to Eth?
Unfortunately no, there doesn’t seem to be a way to recover it at this point, I’m sorry to say.
Well technically lido holds these tokens. Can I not burn them on terra and potentially have lido release them on Eth. This is >$20k there’s got to be something we can do. Happy to pay a bounty, not to mention if lido holds these they are receiving rewards in perpetuity on my assets…
Let me confirm. I’ll get back to you.
Appreciate it, not trying to be difficult. just re-found this wallet and was super excited would be very sad if it was all for nothing lol
"Hey, technically it’s possible but it will require 1) a non-trivial upgrade of the smart contract, 2) a full DAO vote to perform this upgrade. for 2) to happen, a forum post will be needed on research.lido.fi where they’ll need to prove that they controlled the lost tokens and that the tokens now are irreversibly effectively burned. Lido cannot burn bETH on the Terra side as the DAO only controls the Ethereum-side adapter that holds stETH and prints Ethereum-side bETH (not even the bridge that locks the Ethereum-side bETH and prints the Terra-side bETH) Also, Lido is not receiving rewards on their tokens. before the Terra collapse, the rewards were paid to the Anchor protocol, now they’re effectively burned." Mind you, there's no guarantee that the DAO would vote positively even if all of that is done.
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