HomeBlockchainWhat Are the Community Pool and Oracle Pool on Terra Luna Classic?

What Are the Community Pool and Oracle Pool on Terra Luna Classic?

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Community Pool
The Community Pool acts as the main treasury of the Terra Luna Classic network. It collects funds from transaction taxes and is used to finance ecosystem development, governance proposals, and other initiatives that help the blockchain grow.

Oracle Pool
The Oracle Pool is reserved for rewarding validators who provide price data to the network. This pool ensures validators are properly incentivized to maintain accurate and secure information.

Key Points

● Both pools are funded from a portion of transaction taxes.

● The Community Pool supports projects and proposals, while the Oracle Pool funds validator rewards.

● Recent upgrades aim to make these pools sustainable over the long term.

● The community is discussing ways to prevent the Oracle Pool from running low.

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