Terra Classic

Terra

Billion

A recently-introduced Terra Classic project incinerates over half a billion LUNC just a few weeks after it jumped on the burn campaign. The Terra Classic (LUNC) burn campaign just received support from an unexpected source. The community has witnessed the incineration of over 628 million LUNC tokens from DFLunc Protocol, a recently-introduced Terra Classic project and ecosystem validator.  Interestingly, data indicates that DFLunc burns tens of millions of LUNC tokens daily. This sustained rate of burns has contributed to the massive burn threshold in less than six weeks. Information from LUNCDash suggests that DFLunc has burned 628.2 million Terra Classic.  Its latest burn occurred today at 14:17 (UTC) and involved 35.2 million Terra Classic. The project burned 27.8 million LUNC yesterday and 21.5 million on June 10. These burns have continued on a daily basis. As a result of the persistent burns, DFLunc has incinerated over 379 million Terra Classic this month alone. Calling attention to the latest burn transaction, the validator revealed in a recent tweet that its total burns have now crossed 3 billion Terra Classic.  https://twitter.com/DFClunc/status/1668265106583482368 However, this figure does not reflect on Terra Classic-based on-chain analytics platforms such as LUNCDash due to an issue with DFLunc's wallet and

New Terra Classic Project Burns Over Half a Billion LUNC

TheCryptoBasic

2023년 6월 12일에 게재된 다른 기사

Ooki DAO Ordered to Shut Down Following Landmark CFTC Lawsuit

Pioneering Tokenized Notes on the Ethereum Blockchain: BOCI and UBS Collaborate to Introduce Grou...

SEC sues Binance and Coinbase, traders are turning to this new hybrid dexchange to buy crypto

EXGOLAND Metaverse: Empowering Businesses with Next-Generation Virtual Opportunities

Macro-Market Structures Need Corrections to Remain Healthy: Youtuber

Billionaire Mark Cuban Supports Former SEC Chief Against Gary Gensler on Crypto

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!