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Top Exchange KuCoin Once Again Becomes Terra Classic Validator, Stakes 47.9 Billion LUNC at Once

KuCoin, a top crypto exchange based in Seychelles, has once again become a Terra Classic validator and registers its prominence in the fast-growing community with a whopping amount of staked LUNC tokens.

As recently shared by Rex Harrison, a notable member of the Terra Classic community, the prominent exchange staked a total of 47.9 billion LUNC tokens at once. With this recent addition, the total number of staked LUNC now stands at 946 billion, representing 13.8% of LUNC’s total supply.

It should be noted that KuCoin made this notable comeback after they undelegated 48 billion LUNC tokens about two months ago.

According to Rex in a tweet, the new development could serve as a massive boost of confidence in Terra Classic (LUNC).

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