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LUNC News Highlights (October 31): Crypto exchange Binance and top validators Allnodes and LUNC DAO have burned over 1.5 billion Terra Classic tokens today. In total, the Terra Classic community has burned over 26 billion LUNC tokens.
LUNC News Highlights
Terra Rebels Plans To Increase LUNC Burns
Terra Rebels will be looking to increase LUNC burn rate as Binance burn mechanism continues to fall. The developer group plans to bring back projects and investors on the Terra Classic chain.
Terra Rebels Reminds Community on Big AMA
Terra Rebels reminds the Terra Classic community on the big AMA session on November 3. The participants include Terra Rebels, cross-chain DEX VentiSwap, CoinMerge.io, and ClassyCrypto.
Terra Classic (LUNC) Price Falls Again After Binance Burn
Terra Classic (LUNC) price falls after Binance LUNC burn mechanism. The LUNC price is currently trading at $0.000244, down over 2% in the last 24 hours. Trading volume also dumps 38% in a day. However, the Terra Classic price is up 6% in a week.
LUNC Community Pool 732 Mln LUNC Tokens
The Terra Classic community pool now received massive LUNC tokens as part of 10% rewards on tax burn. The community pool now has 732.74 million LUNC and 1.7 million USTC tokens.
LUNC Validators Burn Over 50 Million Terra Classic Tokens
Top validators including Allnodes and LUNC DAO have burned over 50 million Terra Classic (LUNC) tokens. Allnodes burned 28.82 million tokens, whereas LUNC DAO burned 9.36 million LUNC tokens.
Binance Burns 1.26 Billion Terra Classic Tokens
Crypto exchange Binance has burned over 1.26 billion Terra Classic (LUNC) tokens in the fifth batch of Binance burn mechanism. In total, Binance has now burned over 13.5 billion LUNC tokens for the Terra Classic community.
