The $LUNC and USTC burns that occurred in the last hour are noteworthy.
A single transaction resulted in the burning of 23.2 million LUNC. A similar burn occurred with USTC, with 276,000 USTC burned in a single transaction.
The 1.5% coin burning tax implemented on the Terra Classic chain has significantly accelerated the rate at which the supply of LUNC and USTC is decreasing.
#LUNC #USTC #TerraClassic $LUNC
A single transaction resulted in the burning of 23.2 million LUNC. A similar burn occurred with USTC, with 276,000 USTC burned in a single transaction.
The 1.5% coin burning tax implemented on the Terra Classic chain has significantly accelerated the rate at which the supply of LUNC and USTC is decreasing.
#LUNC #USTC #TerraClassic $LUNC
