Around $1.45 Million Worth of LUNC Is Locked With Jailed Validators
A significant amount of LUNC is currently delegated to jailed validators on the Terra Classic blockchain. Approximately 28.95 billion LUNC, worth around $1.45 million, is currently held with validators that are inactive or jailed.
The LUNC is spread across 571 jailed validators. These validators are currently unable to participate normally in the network’s validation process because they have been placed in a jailed status.
LUNC With Jailed Validators Does Not Earn Staking Rewards
When LUNC is delegated to a jailed validator, the delegated tokens do not earn staking rewards while the validator remains jailed.
This means delegators may have LUNC locked in staking without receiving the expected staking rewards during the period the validator is inactive.
For LUNC holders who stake their tokens, monitoring validator status is therefore important. Choosing an active and reliable validator can help ensure that delegated LUNC continues to participate in staking and remains eligible for rewards.
Why Validator Status Matters
Validator performance is an important part of LUNC staking. If a validator becomes jailed, delegators should review their options and consider whether their LUNC should be redelegated to an active validator.
The current figure of 28.95 billion LUNC across 571 jailed validators highlights how much capital can become inactive when tokens remain delegated to validators that are no longer operating normally.
For LUNC stakers, regularly checking validator status can help avoid leaving delegated tokens without staking rewards for an extended period.
