fb Stakin / Terra Classic Validator

Terra Classic

APR 37.2%
mainnet
Fees 10.00 %
Public key(s)
terravaloper1nwrksgv2vuadma8ygs8rhwffu2ygk4j24w2mku
Market Cap $1,885,583,600 Price$0
RewardsEvery block (around 6 seconds)
APR 37.2%
Lock-up period21 days
CompoundingManual, delegator needs to claim and restake
Slashing risk• Downtime slashing: 0.01% - when validator does not vote on at least 500 out of 10,000 latest blocks (around 15 hours of prolonged downtime) • Oracle slashing: 0.01% - validator must vote and provide valid price feed for stablecoins via oracle on at least 5% of weekly blocks (4,500 votes min, average of 90,000 blocks per week, about 6 days of downtime allowed) • Double signing slashing: 5% - happens in case of malicious behavior, when the validator signs twice the same block to earn double rewards
Learn about Terra Classic (Terra)
Terra Classic is a decentralized, open-source blockchain protocol using proof-of-stake consensus. The network is the predecessor of Terra 2, with Luna Classic (LUNC) as the main currency on the network. Terra Classic was essentially an algorithmic stablecoin project, which failed in May 2022, with the UST Classic depeg. On May 25th, 2022, Terra Classic users passed governance proposal 1623, which outlined the genesis of the new Terra chain.
stakinWhy stake with us?
• Active Terra Classic validator since April 2019, the first month of the network’s operation • In addition to maintaining a validator and oracle on Terra Classic Mainnet, Stakin provides validator and oracle services on all currently active Terra networks, including testnets (Bombay, Tequila, or others) and the new Phoenix-1 Mainnet. • Stakin is part of the Foundation delegation program and is trusted by partners such as Lido Finance • The company has extensive experience providing services for Tendermint and Cosmos SDK-based blockchains. It implements best practices in network infrastructure on Terra Money as well as other Tendermint-based blockchains. • By delegating to Stakin, you contribute to network decentralization by choosing a smaller validator • We offer dedicated support for all your staking, unstaking, and network-related questions
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