MEXC Global Becomes The First Lead Exchange To Support LUNC Tax Proposal And It Burns Over 25.4M In The Last 48 Hrs
Following the support of MEXC Global on the tax proposal, over 25.4 million LUNC have been incinerated over the past 48 hours.
Following the support of MEXC Global on the tax proposal, over 25.4 million LUNC have been incinerated over the past 48 hours.
Total Burned LUNC Stands At 3.08 Trillion
Poloniex Exchange announces support for Terra tokens.
The LUNA community in the U.S has despite the various lawsuits against the Terraform Labs CEO, Do Kwon, Daniel Shin, and Terraform Labs shifted their target to the burning LUNC.
Terraform Labs has no over LUNC and whoever surfaced with the offer to start delegation should coordinate validators to mechanize the pathway to upgrade the network.
StartShip makes Terra classic as a mode of payment and 1.2% tax burn to be incorporated
Terra’s collapsed stablecoin USTC prices experience a sudden spike of almost 400% over the last 24 hours. And this resulted in the token entering the top 100 cryptocurrencies.
Terraform Labs CEO, Do Kwon said in an interview published on Wednesday, that he has “great confidence” in the company’s ability to “build back even stronger” than before.
Another proposal has been brought up to further burn 50% of all LUNC transaction fees. The late burning proposal is quite different from the first one, which is aimed at the transaction and the 50% burning is on the transaction fees.
A LUNC investor has fielded a proposal to burn tokens and cause a sharp spike in price. For some time now, the Terra community has complained that Do Kwon and Terraform Labs have left LUNC and UST.