Luna classic burn wallet

 

October 13, 2023. advertisement. 9 trillion. Apr 27, 2024 · The exchange is likely to burn 1 billion to 1. 04 B. While the community was waiting for the first burn of the year 2023, the exchange suspended its LUNC burn mechanism on December 28. This means the number of tokens that goes to the burn wallet after every transaction was reduced, but the impact was that the number of transactions on the LUNA Classic (LUNC) increased. LUNC to USD price is updated in real-time. Luna Classic Terra Burner | Online Statistics and Graphs Sep 26, 2022 · Binance intends to burn trading fees on Luna classic (LUNC) — after Terra governance token holders voted to implement a relatively rare 1. Download Atomic Wallet. 73 B. Sep 7, 2022 · Terra Luna Classic started with a total coin supply of 6. In a new update, Terra wallet, Terra Station, has included a tax rate feature in support of the 1. Komunitas Terra Luna Classic baru-baru ini mengadopsi proposal 12115 The Terra Luna Classic community has recently implemented a proposal called "Tax2Gas," which integrates the burn tax directly into gas fees, simplifying tran 19 hours ago · According to the breakdown of the reward distribution, users who make any deposit using the TON wallet get 1 ticket. 22% over the last week. Nov 2, 2022 · The LUNA Classic (LUNC) has been one of the most discussed topics, especially the passing of Proposal 5234, which slashed the burning tax from 1. The coin has Sep 30, 2022 · With the Burn in full swing Terra Classic chain can be the greatest come back story in history eith #Lunc coin is up over a 300% over the last few months. 2% and using the obtained fee to buy back LUNC tokens which are then sent to the Terra-provided burn wallet. The Terra Luna Classic community has decisively approved proposal 12114, aimed at revising the Terra Classic news. Oct 9, 2022 · What you need to know about LUNC, a one-time high flyer on comeback trail. Oct 6, 2022 · As of 5 October, TerraForm Labs had amassed 432. Find out if LUNC-USD is a buy. The crypto exchange is set to burn all trading fees collected on Binance for spot and margin trading pairs of LUNC and Binance Mar 31, 2023 · In simple terms, burning a cryptocurrency means removing it from circulation, which reduces its total supply. With the Burn in full swing Terra Sep 13, 2022 · Connect your Terra wallet by clicking on the “Connect” button on the right side of the website. The world’s largest exchange by volume, Binance, informed users that the burn will be implemented Because there’s no one governing the burn, these are individual addresses burning. LUNC circulating supply dives to 5. com Announcement. 5% portion of the proceeds will be held in the “Treasury Wallet” to provide value to the collectibles while the price of Lunc rises overtime. Telegram Luna Classic Community. 2% tax proposal on transactions in a blog post on Saturday. 100% of merchandise profits will support Luna 1 day ago · The Terra Luna Classic community has passed proposal 12114, significantly revising the LUNC burn tax distribution. On average, a single transaction is about 107,000 LUNA. Best way to burn more lunc. 50% price increase in the last 24 hours and a -11. Terra founder Do Kwon addresses the LUNA 'Burn Wallet' and confirmed that sending tokens to the address does nothing. 71 million LUNC tokens, making them the largest holder of terra classic, according to the Luna Rich List. Proposal 11359 “Separate Burn Wallet Exempt from Seigniorage” also passed in majority with 99. Dec 5, 2023 · LUNC burn is a blockchain feature of the Luna Classic network that sends 0. 3. Aug 21, 2022 · Staking is the process of holding funds in a cryptocurrency wallet to support the operations of a blockchain network. As Luna Classic continues the old Luna's chain, with a circulating supply of 6. With a Luna Classic burn tax of 1. On the other hand, the revised proposal touches upon the burning of USTC and LUNC inside the community pool. According to a Proposal submitted by Fragwuerdig, the developers are looking to part away with the 800 million USTC domiciled in the Risk Harbor Wallet. Consequently, users will be charged a 1. 88 USD. Telegram TerraCVita. Jan 4, 2024 · The Terra Luna Classic community refuses to burn 8 million USTC, preferring to use funds for development and liquidity. The proposal aimed to burn the 800 million USTC still in the Risk Harbor multisig wallet. For instance, the Terra followers destroy 600 million tokens weekly, a significant jump from November 2023. LUNC's price has been volatile recently. This Terra Luna Classic Binance burn combined with the burning of 33 million LUNC tokens days before, is part of a community-wide initiative to raise the price of LUNC to $1 over a long period time. Oct 6, 2022 · LUNA Classic has seen some impressive rallies in the last week that can be attributed to the introduction of a burn mechanism. 2% tax and burn on all transactions on-chain. Besides the 8. The proposal to freeze a specific wallet stirred debate, with 54. Incorporating tax into the gas is the goal of Genuine Labs’ plan. At the time of writing, somewhere around 37 billion LUNC tokens have already been destroyed, with further LUNC burns scheduled. 2 days ago · Price of LUNC today. My guess is that no one wants to burn their tokens. This information is compiled for the convenience of the Luna Classic Community members and is based on information currently available to us. Under the distribution model, 80% of this tax is directed towards burn, with the remaining 20% shared evenly between the Community Pool and block rewards. 2% of every trade (buy/sell) and utilizes the tax proceeds to purchase units of Luna Classic and send it to a burn wallet. It is at no cost to the bag holder, all you have to do is stake. 26401 Total views 73 Total shares About. The colossal amount of USTC was initially sent to Ozone Protocol by Do Kwon, the controversial founder of Terra blockchain. The proposal aims to prevent the re-minting of LUNC from burn contributed by Binance. 000092 per (LUNC / USD) with a current market cap of $ 504. 19 hours ago · The Terra Luna Classic community has recently adopted proposal 12115, known as “Tax2Gas,” which integrates the burn tax directly into gas fees, simplifying transactions for developers and users. The total burn by the Terra Luna Classic community has now reached over 48. The proposal received only 15% “Yes” votes and 47% “Abstain” votes, indicating lack of support from the community. 49,247 USTC per day. 27M USD. Luna classic (LUNC), the renamed native token of the Terra blockchain that dramatically imploded in May, is rising in Sep 5, 2022 · Terra Classic tax burn has caused a stir among crypto community members. On Terra, you can build applications and organizations using the available suite of cutting-edge developer tools or try out existing apps simply by connecting a wallet. Essentially, it is a way of contributing your resources to help maintain the security and stability of the network. Terra is an open-source, public blockchain that hosts a vibrant and expanding ecosystem of applications. It's been unstaked. 9% of Total. Terra Luna Classic joined other cryptocurrencies as they rallied this week buoyed by a staggering breakout in Bitcoin price to highs near $64,000. We don’t need to waste money on burning all you have to do is stake with LUNC DAO on the Terra station, they burn if you stake with them, if you want to burn even more just burn the rewards you get, you won’t loose any money you have spent and anyone can do it. 78% votes in favor. 78. Understanding the Proposed Burn. 88% “yes” vote to enable a 1. The Oct 3, 2022 · Binance burned 5. The price of Terra Classic changed by +9. 23 million coins. 0004 range. 07% supporting it and 30. As the Terra Luna Classic community was notified that Risk Harbor lost the keys and Feb 13, 2024 · The Terra Luna Classic developer Fragwuerdig on February 13 revealed that a testnet rehearsal is ongoing in response to to community’s plan to 800 million USTC burn. 2% coming on September 20, these burns may continue to grow. If an exchange is burning tokens, it would be safe to assume that they have their own burn wallet. 48 million tokens, was unidentified. 78 trillion as the token burn program achieves the 100 billion milestone. The move comes after the community decided to burn instead as no fund recovery via the wallet owners is possible and blacklisting serves no purpose anymore. Cryptos: 29,881 Exchanges: 656 Market Cap: $2,467. A Luna burn would involve reducing the total Discover the Luna Classic community of scammers on these platforms. Donated to Burn Wallet. 60. The embattled Terra Luna Classic (LUNC) community is taking steps to restore 800 million malfunctioning stablecoin Terra Classic USD (USTC). The proposal deadline is December 19. As the Terra Luna Classic community was notified that Risk Harbor lost the keys and has agreed to blacklist the wallet, 800 million burn is crucial for the community. In a difficult week for the new Terra project, with Do Kwon on the run, the price of Terra Luna Classic (LUNC) has seen punished again with the news Dec 29, 2023 · Intriguingly, proposal #11958 comes just a few days after the Terra Luna Classic community rejected the 800M USTC burn proposal aimed at burning it all at once. The live price of Terra Classic is $0. Most people believe that the main ways to fix this blockchain are: LUNC Burn – Reduction of LUNC total supply (sending coins to burn wallet / burn tax…) Fix USTC algorithmic stablecoin (re-peg) / (sometimes also USTC burn) Oct 13, 2023 · Terra Luna Classic's crypto community endorses an 800 million USTC token burn. — reXx™ (@reXxTerraRebels) September 21, 2022. Terra Finder. 2% tax on all on-chain transactions, with the collected fees sent to the Terra burn wallet to bring down the excess LUNC May 26, 2022 · As #BurnLuna started to trend, over 289 million LUNA were sent to this burn address from 2,719 transactions. Judging by community proceedings, there are obvious divisions and sects within the Terra Classic community, a trend that hampers major decision-making. The maintenance will commence on September 8, 2022, at 06:00 (UTC) and . The world’s largest crypto exchange Binance to burn Terra Luna Classic (LUNC) tokens in its 21st batch of the LUNC burn mechanism on Wednesday. This represents a 1. Binance played an important role. Over 98% of the community voted in favor, indicating strong support among key validators. Telegram Terra Rebels. With a circulating supply of 5. 21M USD. The Terra ecosystem runs on its native cryptocurrency, LUNA. Sep 8, 2022 · Crypto Terra Luna Classic Surges as Traders Speculate on New Supply Burn Rule. 09% in the last 24 hours with a circulating supply of 5,509. At press time, Terra LUNA was trading at $0. 48 M. Buy, sell and swap luna and 1000+ cryptos in one secure crypto wallet. The past few days have been eventful for Tera Classic [LUNC], as they’ve been on the verge of making a major development. LinkTree. Date Amount Sender TX Hash Memo Apr 27, 2023 · Binance has recently burned 1. It is a dynamic document that will change frequently. The proposal aims to burn the 800 million USTC still in the Risk Harbor multisig wallet via an update to Terrad client. The LUNA supply varied to keep the TerraUSD’s stable $1 value. The proposal aims to burn the 800 million USTC still in the Risk Harbor multisig wallet via a contract, a legally ‘legally absolved route’. No more begging Centralized Exchanges to implement or sustain the burn tax. Fedora. 535 trillion is a really big number. No more Luna will be unlocked until six months have passed (the cliff). Feb 29, 2024 · Terra Classic price stalls between support at $0. Mar 1, 2024 · A burn program implemented by Binance and positive market sentiment have contributed to the price increase. 2% burn tax from internal movement between Binance-owned wallets, which was impacting Binance’s revenue. Instead of stakers receiving rewards, the rewards are used daily to buy lunc and send to burn wallet. So keep an eye out for further Terra Luna Classic news or Stocktwits LUNC for more info. I'm trying to transfer my lunac from my station wallet to an exchange. In a significant development for the Terra Luna Classic (LUNC) ecosystem, the community has successfully burned a staggering 85 billion LUNC since May 18, 2022. 19 hours ago · Once it’s in place, all cryptocurrency exchanges will experience purchase and sell burn, which will likely raise the price of LUNC. 4747 . May 13, 2022 · 1. VegasMorph’s proposal suggests burning around 8 million USTC, a notable part of the 7. We need people building on the block chain. I’m sure there are better ways but it worked for me Sep 21, 2022 · The 1. A user known as the Degenerate Feb 21, 2023 · The proposal aims to exempt the 0. 00%. LUNC burn transactions. Accelerate the burning of LUNC to increase value. This represents more than 70% gains for the week and more than 44% for the month. However, with the approval of Proposal 12098, this distribution structure changes. The list contains both open source (free) and commercial (paid) software, decentralized Luna Classic (LUNC) wallet and centralized Luna Classic (LUNC) wallet . In the governance vote on Station wallet, Proposal 12115 “Genuine Labs Tax2Gas Implementation” was approved. 800 Million USTC Burn: How LUNC Community Addresses Kwon’s Missteps. MacOS. Github. 95% at $0. What Happened: Binance Terra Classic Docs. Welcome to the official documentation for Terra Classic, providing the foundational building blocks for a new digital economy with its stablecoin protocol, oracle system, smart contracts, and plan for mass-user adoption. 2. Major Boost to dApp Developers. Oct 3, 2022 · O n Sunday, Luna Classic, or LUNC, reached $0. Dec 22, 2023 · This bold action aims to bring about deflation within the Terra Luna Classic ecosystem, building upon VegasMorph’s previous suggestion to burn 800 million USTC from the Risk Harbor Multisig Wallet. Then transferred the Ethereum back to another exchange that had Luna Classic! Sold my Ethereum for Usdc and bought LUNC. 116. Set up your environment and get started with Terrain. Ubuntu. 2% tax burn for LUNC. In return for supporting the network, you will earn rewards in the form of newly minted coins or transaction fees. USTC Burn Charts. I've been following daily the LUNC May 23, 2022 · Upon a persistent request from the Terra community, Kwon went against his initial plan and publicly shared a burn address for LUNA on Saturday. 45. Dec 18, 2023 · Proposal 11913 “RH MultiSig Wallet – Burn 800m via Update to Terrad Client” has been rejected by the Terra Luna Classic community. 1000 Luna total is airdropped to their wallet. Cryptocurrency burning is an efficient way to maintain the coin’s long-term market Oct 13, 2023 · By Varinder Singh. This process is irreversible, meaning that the cryptocurrency cannot be recovered. 08B. May 23, 2022 · It is advised to not send LUNA to the mentioned ‘burn wallet’ as it does little to reduce its circulating supply. Aug 17, 2022 · A quick word about this FAQ. At this time, Binance has just sent to the destruction wallet the result of this burning campaign: 5,595,907,838 LUNC. LUNC price to continue moving sideways until a broader market recovery, with 6-week trendline to provide support. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency LUNA, to facilitate programmable payments and open financial infrastructure development. We update our LUNC to USD price in real-time. Windows. 00010506, with a total trading volume of $ 2. 5 billion, with each coin being in the $0. 45B 24h Vol: $82. Key validators of Terra Luna Classic vote against USTC burning, seeking more effective resource management. Still, it is expected to change to 1. 4% ETH Gas: 12 Gwei Terra is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. 0 is the most recent version of Terra (LUNA), which is what Do Kwon has devised as a regeneration strategy. The BASE Project has three simple goals: 1. 081415 today with a 24-hour trading volume of $24,870,099. As a result, many top Terra Classic chain validators abstained, including SolidVote, LUNCGoblins, and LUNCLive. The merchandise shop was a natural evolution of our marketing, intending to let the world know about Luna Classic and providing the Luna Classic community merchandise that allows them to demonstrate their passion for Luna Classic. The goal is to propose a fork of the Terra blockchain and an airdrop to crypto The proposal essentially collects 1. When will the on-chain burn start The price of Terra Luna Classic (LUNC) is BTC0. Oct 16, 2023 · The Terra Classic community is unsure if blacklisting the aforementioned crypto wallet will speed up the 800 USTC burning process. Terra Classic is -4. 6 billion Luna Classic (LUNC) tokens which caused the price of LUNC to spike 3%. One of these Apr 13, 2023 · Terra Luna Classic crypto has a lot of burning scheduled for 2023 and beyond. This achievement underscores the community’s ongoing efforts to reduce the amount of LUNC in circulation, to stabilize and enhance its value. Debian. MEXC implements the policy by adjusting the LUNC spot trading fee to 1. 00015. There is another YouTuber called happy catty crypto who Oct 3, 2022 · Since Binance accepted the Terra Luna Classic (LUNC) burn, the cryptocurrency exchange had promised to publish today, October 3, the results of the LUNC burning in spot and margin trading operations. 6. Users with net deposits of 50 USDT and more are entitled to 5 tickets, and net deposits of 100 USDT and above give them 10 tickets. Holders of the Luna Classic token have beefed up their efforts to help pull up the price of the crypto asset, burning almost 150 million tokens Mar 18, 2024 · Our community calls itself the #LUNC community (Luna Classic community) and our goal is to fix this blockchain. 58B Dominance: BTC 51. 52T LUNC, the market cap of Terra Classic is The BASE project seeks to return the power to the LUNC community. 69 B. 300 Luna will be unlocked and able to be freely traded at the start of the new Terra chain. The live Terra Classic price today is $0. Why This Matters. The price is Sep 9, 2022 · MEXC LUNC Burn Details. Dec 1, 2022 · In the sixth burn batch of the Terra Classic LUNA/USD burn mechanism, Binance burned over 6 billion LUNC on Thursday, driving LUNC up more than 17% in the last 24 hours. The live price of Terra Classic is $ 0. Terra. Dec 13, 2023 · Terra Luna Classic validator Lunanauts expressed concerns about the legal repercussions of proposal 11913. 2% to 0. Sep 1, 2022 · According to data from Bitquery, from 16 to 23 May, the burn wallet has received a total of 280. There have been a lot of discussions recently about what will happen to the original Terra network’s native token, Luna Classic (LUNC). Luna Classic ( LUNC ), formerly one of the market’s most sought-after cryptocurrencies, has been making strides toward a comeback. 59 billion Luna Classic tokens in response to the LUNC community proposal. After weeks of anticipation and excitement, Terra Classic’s tax parameter change goes live. 5 million wallets could burn 1 million LUNA each, and there would still be 35 Dec 20, 2023 · The proposal aims to burn the 800 million USTC still in the Risk Harbor multisig wallet via a contract. There is an HUGE MOVEMENT happening as we speak. Burned On-Chain. Nov 5, 2022 · LUNA Classic (LUNC) Next Burn – The LUNA Classic (LUNC) coin has been one of the most widely discussed topics in the cryptocurrency community, particularly since Proposal 5234 was passed and the burning tax was reduced from 1. Choose any one of the several validators mentioned on the stake page. 24-hour trading volume is $ 53. 3m. The coin has been able to hit the total valuation of $2. The Terra Luna Classic community has officially passed the proposal related to burning 800 million USTC. 5 trillion following the USTC de-peg in 2022 Apr 26, 2024 · According to recent information, Terra Classic operates with a burn tax set at 0. There is a luna 2 stake pool called “LUNC DAO”. 0 crypto exchange list grows, some exchanges previously vowed to burn Luna through their transaction fees. Once you have chosen your validator, click on “Delegate” to continue. Each Terra Luna Classic Burn collectible purchased will contribute 80% of the value to the purchase of Lunc tokens for burning. “I Sep 13, 2022 · Terra Classic community gets ready to implement tax burn. 51% in opposition. Join the Terra Lunc Burn Club and help burn the supply of Terra Luna Classic. The wallet was linked to Terra Binance, the world’s largest crypto exchange by trading volume, has announced changes to its voluntary burn mechanism of Terra Luna Classic (LUNC) trading fees, reducing LUNC burning by 50% Sep 29, 2022 · Burn and Rebuild Luna Classic. According to a blog post today by the world’s largest trading platform, Binance said it would be conducting wallet maintenance for Terra Classic Network’s LUNC. 2% Burn Tax is officially live. The old luna crypto reached an all-time Aug 12, 2022 · Even though the Luna 2. LUNC price pares earlier gains and fell 2% from a 24-hour high of $0. Every time I attempt to send I get this message: out of gas in location: WriteFlat; gasWanted: 94644, gasUsed: 96255: out of gas. This change eliminates the need for manual calculation of the burn tax by decentralized application developers, enhancing user experience on the Sep 20, 2022 · Luna Classic was trading down 3. 80% price decline in the past 7 days. Confirm the transaction by clicking on the Oct 18, 2023 · LUNC burn is a blockchain feature of the Luna Classic network that sends 0. 45 million LUNA tokens thus far through a total of 1,710 transactions. QUESTION . Folks are probably waiting to see if a mass-scale burn will be implemented. Mar 2, 2023 · In the last burn on December 1, Binance burned 6. The validator believes initiating the burn of 800 million USTC from the Luna Classic treasury using a simplified contract. 5% of each LUNC transaction to a burn wallet The burn tax is used to reduce the hyperinflated supply of LUNC, which increased from 400 million to over 6. 08M in the last 24 hours. As a result, fewer tokens were sent to the burn wallet after each transaction, increasing the volume of Jan 27, 2024 · Terra Luna burn campaign reaches new milestone The latest data shows Terra’s token burn has surpassed 95 billion, confirming commitment by the community, validators, projects, and cryptocurrency exchanges. 9 trillion, these burns will need to be Jan 24, 2023 · The massive liquidation triggered a TerraUSD price decline, whose $1 peg was directly supported by the supply of Terra’s native governance coin, LUNA. Total LUNC Burned. 5 billion LUNC tokens, as per estimates. 71. Feb 17, 2024 · Cosmos developers seeks Tax2Gas implementation with StrathCole and Genuine Labs. Terra Classic community believes proposal can revive LUNC and USTC to $1. 5 billion LUNC. The owner of the second-largest wallet, which had 67. Dec 11, 2023 · Author: Elena R Dec 11, 2023 7:18. A 7. Download fast and secure Terra LUNA wallet app for mobile - IOS and Android - and desktop. 9% ETH 17. 00018747 and is up 15% in the 24-hours day trade. Since May 13, 2022. I'm not understanding why I'm having an issue if the gas used is higher than the gas requested. After six months, the remaining 700 Terra Classic Live Price Data. 00014 and resistance at $0. BURNING LUNA CLASSIC. 39 billion Terra Luna Classic (LUNC) tokens. The Terra Luna Classic community was recently notified that Risk Harbor lost the keys and has agreed to blacklist the wallet. 000158. Proposal 11913 “RH MultiSig Wallet – Burn 800m via Update to Terrad Client” is up for governance voting on the Station wallet. 5%. The main motive behind this move is that the Ozone Protocol, initially proposed by Terra co-founder Do Kwon and funded from the community pool, has not fully utilized the allocated funds in its intended manner. 2% tax rate burn proposal. Example: A user had less than 10k Luna in their Terra Classic wallet during the pre-depeg snapshot. While Proposal 12114 has garnered strong support from smaller validators, it has yet to reach the voting thresho Terra Luna Classic Community Passes Major Tax2Gas Proposal, LUNC Price To $1 Komunitas Terra Luna Classic mengimplementasikan Tax2Gas, mengintegrasikan pajak pembakaran ke dalam biaya bahan bakar. Check Hashsum. 91% in the past day, and its USD value has decreased by -3. The community celebrates a record-breaking 76 billion LUNC token burn. USTC burns are driven by taxes derived from on-chain transactions, and donations that are sent to the official burn wallet. In addition to the on-chain and exchange tax burning mechanism, some validators, like All Nodes, have also committed to allocating the staking fees to burn additional tokens. ”. Proposal receiving major support from in initial voting. May 13, 2022 · Discover who really burns LUNA Classic. Dec 28, 2023 · Meanwhile, the community has rejected a proposal to burn 800 million USTC as they seek other ways to burn these stablecoins. 10mo ago. 2% tax for on-chain transactions to limit the token’s rapidly-rising supply. 5 Trillion LUNC, Terra Luna Classic is valued at a market cap of BTC7,784. This is typically done by sending the cryptocurrency to an address that is unspendable or “burned. 2% in 7 days following the Dec 12, 2023 · Terra Luna Classic Community Eyes 800 Million USTC Burn. May 23, 2022 · Oh no, people self sacrificing LUNA to a burn address to help recover price. 000365 as traders awaited the final token burn figures from Binance. Muncul perdebatan mengenai peningkatan pajak pembakaran menjadi 1,2% yang berpotensi meningkatkan harga LUNC. 49 billion LUNC. Fueled by a passionate LunaClassic Community and deep developer pool, the new Terra Classic blockchain is one of the most decentralized chains ever launched. 0002993. Terra Luna Classic community votes on the key Tax2Gas proposal, which major step in the revival of LUNC and repeg USTC to $1. Raise funds to facilitate utility expansion on Terra Classic. It is worth noting that MEXC first revealed its plan to support the LUNC 1. Type the number of LUNC that you would like to stake. The Terra Classic community is voting on Proposal 12114 which aims to revise the LUNC burn tax to allocate 10% to the Oracle Pool, enhancing long-term staking rewards. 2%. Despite the rejection of the proposed burn, LUNC and USTC face price declines in the volatile market. 85,227,812 Luna burned today since burn Aug 1, 2023 · The proposal aims to return the idle 800 million USTC tokens related to the Ozone Protocol back to the Terra Luna Classic community pool. 95 million USTC currently Our mission is growing Luna Classic exposure and adoption through marketing and educating the Luna Classic community. 03M USTC, the community pool also holds 3. Binance had the third-largest terra classic tokens, totalling 29. The proposal by popular LUNC community member Vegas proposed to blacklist Ozone Protocol wallet containing 800 million USTC, freezing the tokens rather than destroying them without authorization. Lately, it suffered through volatility and continued attracting a fair amount of trading volume. We do not promote or endorse any projects/coins/tokens that have not been audited by @VegasMorph or The admins at @ClassicLuna Telegram. When Terra’s stablecoin de-pegged, more LUNAs were minted, pushing the supply to unprecedented highs and consequently crashing Coinbase allows you to transfer the Wrapped Luna to another wallet and MetaMask wallet backs Ethereum Wrapped crypto! I swapped the wrapped luna/Lunc with Ethereum…. On September 15th, Terra Classic governance proposal 4661 passed with a 99. Jun 28, 2023 · Terra 2. 5 trillion following the USTC de-peg in 2022 Dec 26, 2023 · Proposal 11927 “ Burn of 800m USTC Funds ” is near rejection by the Terra Luna Classic community. When writing, the tax rate is set at 0. Terra Luna Classic (LUNC) Price Reacts Negatively Following Crypto. The total value of the supply held in Sep 20, 2022 · Few exchanges other than MEXC or Kucoin have said "yes" to the Tax Burn mechanism of Terra Luna Classic (LUNC). In total, the community has burned Feb 19, 2024 · The 800M USTC Burn Proposal. The new proposal aims to burn the 800 million USTC still in the Risk Harbor multisig wallet. Cryptocurrency enthusiasts are buzzing about Terra LUNA Classic (LUNC) as it takes center stage with its notable price swings and strategic burn programs. Sep 8, 2022 · In an interesting development, it seems Binance is also considering implementing the 1. 00009139 USD with a 24-hour trading volume of $51,258,984. pr ek hb gs nz zi fi yh pj ro