I have few DNS Static entries that have 1d TTLs.
When I open DNS Cache panel, I can see those entries listed as 00:00:03 TTL and constantly being refreshed.
Is it normal?
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It's normal to have "copy" of static records in cache. I'm not sure about TTL, it used to show the same value as defined for static record. I guess it can be some internal thing, but I can't tell what exactly it could be. But external queries get responses with full TTL, so that's correct.