Nova

Building value for the Cosmos, one chain at a time.

Discord:

[Nova @NovaValidator]

Good morning, as part of planned infrastructure updates that we've been working on for quite some time, we will be experiencing some planned downtime with our validator on #Mars during the holiday season as we work on getting the new infrastructure rolled out. Enjoy the holidays!

[Nova @NovaValidator]

@frag_dude @cryptocom Unfortunately correct. Please redelegate away while we get this situation sorted out and work to create a new validator.

[Nova @NovaValidator]

Our validator has been tombstoned in #LUNC as a result of a double sign. Please consider redelegating to other validators as we get this situation sorted out with Nova.

We'll provide more details in the coming days about this incident and what exactly happened.

[Nova @NovaValidator]

@Ax_Consortium Through polls in our Discord.

[Nova @NovaValidator]

In accordance with the wishes of our delegators on #LUNC, we have voted "NO WITH VETO" on Proposal #11737, which seeks to burn 800M USTC from the Risk Harbor Multisig wallet via an update to the Terrad client.

[Nova @NovaValidator]

@ColeStrathclyde We will be keeping our commission at 5%, as per governance.

[Nova @NovaValidator]

@Ax_Consortium Whatever the delegators pick we will vote.

[Nova @NovaValidator]

In accordance with the wishes of our delegators on #LUNC, we have voted "NO" on Proposal #11780, which seeks to raise the minimum deposits on proposals to 5M LUNC in an attempt to combat spam proposals.

[Nova @NovaValidator]

@joseluis0473 Everything starts small. 🔥

[Nova @NovaValidator]

We just sent our first round of funding to the $USTC Quant Team of 2,605,676.151399 LUNC! Thank you to all of our delegators for supporting the repeg efforts.

https://t.co/ItyOUfY7cl

[Nova @NovaValidator]

@azami_iqbal2007 @VegasMorph Thank you for the support!

[Nova @NovaValidator]

We just burnt 9,303.857550 $USTC to help with the #USTCRepeg! That's 16,780.11555 USTC burnt so far!

You can see our Burn Transaction here: https://t.co/6yVOKktOJc

Please support our efforts by delegating here: https://t.co/tIb9sVXbtO

#LUNC #LUNCcommunity #LuncArmy #BurnItAll

[Nova @NovaValidator]

We've received many requests from our delegators to find a way to continue burning $USTC while also supporting the Quant Team.

To support these two initiatives, we will be:
Sending our #LUNC commissions to the Quant Team.
Sending our #USTC commissions to the Burn Address.

[Nova @NovaValidator]

In accordance with the wishes of our delegators on #LUNC, we have voted "NO WITH VETO" on Proposal #11776, which seeks to stop minting and reminting of USTC via Terra Stable to Terra Stable swaps.

[Nova @NovaValidator]

In accordance with the wishes of our delegators on #LUNC, we have voted "NO" on Proposal #11773, which seeks to lower the burn tax rate to 0%.

[Nova @NovaValidator]

In accordance with the wishes of our delegators on #LUNC, we have voted "NO WITH VETO" on Proposal #11769, which seeks to conduct manual burning of $USTC that is currently stored in Ozone, LFG, and Anchor wallets.

[Nova @NovaValidator]

In accordance with the wishes of our delegators on #LUNC, we have voted "NO" on Proposal #11767, which seeks to re-enable market swaps with a supply limiter implemented.

[Nova @NovaValidator]

In accordance with the wishes of our delegators on #LUNC, we have voted "YES" on Proposal #11766, which seeks to upgrade the chain to v2.2.0, which includes changes such as Cosmos SDK v46.1.4, CometBFT v0.34.29, IBC-Go v6.2.0, and other approved changes from governance.

[Nova @NovaValidator]

In accordance with the wishes of our delegators on #LUNC, we have voted "NO WITH VETO" on Proposal #11748, which seeks to create new validators by encouraging delegators to stake with a specific validator.

Thanks for delegating with us!

[Nova @NovaValidator]

In accordance with the wishes of our delegators on #LUNC, we have voted "YES" on Proposal #11738, which seeks to establish a dynamic minimum commission based on a validator's voting power.

Thanks for delegating with us!