“Default bLuna redemptions take at least 21 days to process. Slashing events during the 21 days may affect the final amount withdrawn. Redemptions are processed in 3-day batches and may take up to 24 days.”
Why are redemptions processed in 3 day batches? Is there a manual process that must be kicked off to begin slow burns of bLUNA? Are there any plans to process redemptions more often than once every 3 days? Is there anything that must occur other than undelegating the staked LUNA from validators?