Just in: Terra's governance proposal to burn 1.38B UST from the Community Pool has officially reached quorum and will pass in 18 hours. This burn will reduce the total UST debt overhang by 11%. https://station.terra.money/proposal/1747
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Is there a way to watch what « block » we are at. Would like to know when snapshot block comes around, since the timing is apparently approximate. Anyone know this?
“Post-attack” snapshot to be taken at Terra Classic block 7790000 (2022.05.27 03:59:51+08:00) - this is Singapore time
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Yes aware of the time, but read somewhere that the block may come around earlier. I don’t know the tech or how producing blocks works… so wanted to see if we can follow block numbers somewhere (if that even makes sense to ask lol)
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Yeah, makes perfect sense. Terra's blocks are very frequent (every six seconds) so the estimate is of high precision. We can safely assume that the margin of error will be no more than 2 or 3 minutes in either direction.
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03:59 am singapore time ? Plus 8 hours for what purpose ?
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Yeah so its not 03:59 but 11:59??? Is this right ?
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Its predicted to be 19:59 utc today now
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