Fri, November 22

Search Results for: LUNC

Terra Grants Foundation Submits Proposal For 750M LUNC Allocation

The initial proposal, number 10946, was submitted by Terra Grants Foundation (TGF) programme director and Professor Edward Kim. This proposal is to reserve 750M LUNC tokens for developers, projects, validators, and community members that make significant contributions to the Terra Classic resurrection between the months of May and October. Edward

November 23, 2022 2 mins read

Binance CEO CZ Reveals Exchange Still Holds Terra Classic (LUNC)

Changpeng Zhao (CZ), CEO of Binance, said yesterday in a tweet that the exchange is still holding Terra Luna Classic (LUNC) in its inventory. He mentioned this while suggesting that the firm was uninterested in Alameda Research’s offer. To swap its FTT holdings over the counter at a premium price.

November 8, 2022 2 mins read

Binance Revises Terra Classic ($LUNC) Burn to Monthly Basis

Binance has changed the frequency of its Terra Classic (LUNC) burn mechanism from once every week to once every month. The trading costs on LUNC spot and margin trading pairs on Binance have resulted in the burn of 13.712 billion LUNC tokens so far. In addition, more than 26.361 billion

November 8, 2022 1 min read

Terra Classic (LUNC) Gets a New Shooter Game on Unity Play

The first-person shooter LUNC game is now available on Unity Play. Every Terra Classic token distributed as a prize will have 0.2% tax burn applied. Drexel University Associate Professor of Computer Science and Terra Rebels co-founder and primary LUNC developer Edward Kim has released a first-person shooter (FPS) for the

October 30, 2022 1 min read

1.34 Billion Terra Classic (LUNC) Burned by Binance

Week after week, Binance LUNC burns have decreased. Terra Rebels has now opened an official YouTube channel. Over 1.34 billion Terra Classic (LUNC) tokens were burned in the fourth batch of Binance’s burn mechanism. Nearly 12.5 billion LUNC tokens have been delivered to the burn address by Binance as of

October 25, 2022 1 min read

Binance Lowers Terra Classic (LUNC) Burn Tax to 0.2%

Consolidation charge for on-chain transactions like withdrawals and deposits: 0.2%. The exchange will also cut burn tax from 1.2% to 0.2%. Binance cryptocurrency exchange stated on Wednesday that it will reduce the burn tax on Terra Classic (LUNC) from 1.2% to 0.2%. Proposal 5234 was approved by the Terra Classic

October 20, 2022 1 min read

Terra Classic (LUNC) Massive Burn on Binance

During the previous week, 4.39 billion LUNC were burned. Since the introduction of the burn mechanism, a total of 19.22 billion LUNC have been burned. According to a recent report, a group called the Terra Rebels is devising measures that will hasten the LUNC’s demise. The goal of improving this

October 17, 2022 1 min read

Terra (LUNC) Price Surges 8% Post Terra Rebels Update

The volunteer developer community now has its own Terra Rebels subReddit. Using this subReddit, members of the community may discuss and share their opinions. The Terra Classic (LUNC) price has increased by more than 8% after a drop on Tuesday, the same day that Terra Rebels released their official subReddit.

October 11, 2022 1 min read

Over 3 Billion Terra LUNC Burned by Binance Exchange

Binance has burned over 3 billion LUNC, worth around $1 million. Notably, the first trading fee burning amounted to around 5.5 billion LUNC. Today, a LUNC community validator named LUNC DAO tweeted that the largest cryptocurrency exchange in the world, Binance, has burned over 3 billion LUNC worth $1 million,

October 10, 2022 1 min read