Terra Classic Brings Allnodes For Endpoint Management

Proposal 12103 “Change official CS API endpoint to Allnodes FCD” is currently under voting on the Station wallet, with the voting to end on May 18.

The proposal aims to secure an official organization to host the endpoint providing the correct circulating supply data for Luna Classic. It recommends top validator Allnodes for the role of providing the endpoint. Furthermore, it seeks to get a consensus about the method of calculating the circulating supply.

Allnodes will be required to update to the latest FCD version and implement the following calculation of circulating supply: Circulating Supply = Total Supply – unvested Tokens – Community Pool Holdings – Staked and bonded tokens.

This will help any third-party website to refer Allnodes FCD API as the official information source for #TerraLunaClassic circulating supply of $LUNC , $USTC , and other native tokens. This also lowers the risk of individuals changing circulating supply or total supply, without appropriate discussion and input.

The proposal has received 56% “Yes” votes, along with 3% “No”, 41% “No with veto”, and 1% “Abstain” votes. Majority of validators including Community First #LUNC✅ , Hexxagon, LUNC Development Fund, and others has voted in favor of the proposal, but top validators are yet to vote.

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