Redelegations Dashboard

One of the main activity on Terra ecosystem is staking where delegator delegates their LUNA to validators to earn interests. Delegator can either; DELEGATE - delegate their LUNA token from wallet to validator REDELEGATE - change validator as in move the staked LUNA from one validator to another UNDELEGATE - undelegate the staked LUNA back to wallet. In this dashboard, we will focus on redelegate activity of delegators. People redelegate when they want to staked their LUNA tokens to other validators.

Let's take a look at the most redelegation, Orion.Money. Almost all of it's LUNA tokens staked are from redelegations. We can also see from graph below that Orion.Money is the youngest among the top 10. They offers 0% commission and have wonderful dApps. Maybe these are what attract many LUNA hodlers to redelegate to them.

From graph below, we can see that 6 out of Top 10 validators right now are being redelegate while the other four has low redelegation.

Below are the validators that being most redelegated to. From terra station, we can see the commission percentage. I noticed that the top 10 in the list below have either 0% commission or very low ie. 1% or 5%. So, I believe that commission percentage plays a role in deciding who to redelegate to.

Let us see the monthly volume for each activity.

Indicators;

Green-delegate

Blue-redelegate

Red-undelegate

We can see that the trend volume for each activity are quite random.

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Redelegations Dashboard