LUNC Staking Ratio Plunges Then Bounces Back in Hours — What Happened?
The Terra Classic (LUNC) staking ratio dropped sharply today from 14.93% to 14.14%, with the total staked amount falling from around 968 billion to 917 billion LUNC.
Within hours, the network quickly recovered — the ratio climbed back to 14.93%, and the staked supply returned to previous levels. Such rapid movement suggests a temporary event, possibly triggered by large validator redelegations, auto-compounding adjustments, or short-term unstaking actions.
Despite this volatility, October data shows steady growth in staking participation, reflecting increasing confidence among Terra Classic delegators.
This quick rebound highlights the resilience of the Terra Classic ecosystem and how validator activity can impact staking dynamics in real time.
