Terra 2.0 seem to have a ninja code that enforces vesting tokens of all users(even including exchanges) to be delegated to random(or pre-registered?) validators.
I made a corrected version:
"All tokens locked or vesting are staked "TO VALIDATORS YOU CANNOT CHOOSE at genesis, and must be unbonded to become liquid."
which obviously you didn't mention precisely.
Jae - I have my own grievances on various aspects of the last 3 weeks on TFL. But you critiquing the fact they chose the validators for everyone is silly... c’mon. Think thru what other practical approach was possible? Just move on and learn. Before critiquing, research…