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The activeness of the LUNC burns is a clear indication that the initiative is still very much on track as the Allnodes and LUNCDAO burned 30.4 million and 22.2 million yesterday.
In the past week, a total of 3.21 billion LUNC was removed from circulation as stated by LUNC burn data.
It seems the reduction of the tax burn parameter is working as expected as the LUNC trading volume spike as noted in a recent tweet shared by Classy crypto.
Exchanges Like KuCoin, OKX And CrypoCom Follow Binance To Implement The Newly Passed LUNC Tax Burn Proposal
Binance Implements Tax Burn Proposal 5234
Proposal 5234 To Reduce The Tax Burn From 1.2% To 0.2%
Terraform Labs Launches Terra Expedition
An Anonymous User Support Terra Rebel With Over $19,000
FatMan Comment On The LUNC Tax Burn Proposal Prompts Terra Rebel’s Responses
Terra Classic Becomes 60th Largest By Total value Locked (TVL) Having 12.36 Million Last Month
