$LUNC
📊 Tokenomics Update:
Why September 1st Is Crucial for Terra Luna Classic ($LUNC)Anyone tracking the on-chain data for $LUNC can see a massive upward trend in weekly burns [lunc terra]. Following the increase in the on-chain tax rate to 1.5% in August, deflationary pressure has picked up noticeable momentum.
What to expect by September 1st:
Cumulative Tax Effect: Analyzing daily transaction volumes reveals a significantly higher baseline of permanently destroyed coins.
The "Binance Catalyst":
The beginning of the month traditionally marks the major centralized burn events [lunc kurs], where millions to billions of tokens are eliminated from circulation in a single flash.While a shrinking supply will not fix all of the network's structural challenges overnight, it does build a stable, deflationary foundation.
How do you view this momentum for the upcoming quarter?
#Cryptocurrency #Blockchain #LUNC #Tokenomics $BTC
📊 Tokenomics Update:
Why September 1st Is Crucial for Terra Luna Classic ($LUNC)Anyone tracking the on-chain data for $LUNC can see a massive upward trend in weekly burns [lunc terra]. Following the increase in the on-chain tax rate to 1.5% in August, deflationary pressure has picked up noticeable momentum.
What to expect by September 1st:
Cumulative Tax Effect: Analyzing daily transaction volumes reveals a significantly higher baseline of permanently destroyed coins.
The "Binance Catalyst":
The beginning of the month traditionally marks the major centralized burn events [lunc kurs], where millions to billions of tokens are eliminated from circulation in a single flash.While a shrinking supply will not fix all of the network's structural challenges overnight, it does build a stable, deflationary foundation.
How do you view this momentum for the upcoming quarter?
#Cryptocurrency #Blockchain #LUNC #Tokenomics $BTC