Staking Terra Classic (LUNC) is a way to earn passive income while helping secure the blockchain. Instead of selling your coins, you lock them with a trusted validator who verifies transactions. In return, you receive rewards in LUNC.
How it works
● You delegate your LUNC to a validator.
● There is a 21-day waiting period to unstake coins.
● Fewer coins available on the market can help reduce selling pressure.
More than just rewards
Staking also strengthens Terra Classic. Validators must act honestly or risk losing part of their stake, which protects the network. Stakers can also vote on governance decisions, shaping the future of LUNC.
Where rewards come from
Rewards are funded by transaction fees. Validators collect fees when adding blocks and share them with users who stake their coins. This keeps the system sustainable, users secure the network, validators process transactions, and both earn rewards.
