November 27, 2023

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LUNC Tokens: Quick Facts on Total Numbers

January 26,  2024

By: Pooja

About 1.5 trillion LUNC tokens actively circulate for trading, with a significant portion held by entities like exchanges and validators.

Circulating Supply

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Since the Terra Classic blockchain revival in May 2023, over 533 billion LUNC tokens have been burned via transaction fees and staking rewards, aiming to reduce total supply.

Burned Supply

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Inflation Impact

Ongoing inflation implies continuous token growth.

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Limited Circulation

The circulating supply and trading volume are notably lower than the total supply.

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Burning Mechanism

The burn mechanism, implemented since May 2023, aims to positively impact the token's value by gradually reducing the total supply.

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Value Potential

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The ongoing burn mechanism could contribute to potential future value appreciation of LUNC tokens.