terra luna burn tracker
1 LUNC = $0.00031394 #LunaBurn, LunaBurnTracker (@LunaBurnTracker) September 18, 2022. 1,221,968 #LUNC ($216) burned to Luna Burn Wallet! not much, but it is a start and the burns keep coming. Binance is said to have burned 13.7 billion LUNC tokens in October 2022, which accounts for about a third of the total tokens burned so far. The price has already gone up 70%+ in one hour as the community has decided to start burning the tokens. We use cookies to make sure you can have the best experience on our site. Will the LUNC burn tax manage to reign in the hyperinflated supply? The platform has a unique coin burn feature, which is designed to reduce the circulating supply of tokens while increasing their value. Yes you keep track ledger Reply [deleted] . Criptokio.com is a website about Bitcoin, altcoins, blockchain and the crypto world in general founded in 2021. 36% increase. Likewise, on the website in question there is also a graph below with the total supply of TerraClassicUSD (USTC), the Terra Classic stablecoin that turned out not to be as stable as thought, and the amount of tokens burned in each period of time. Terra Station has a large install base, with million+ users across the world The Terra Classic community, along with other crypto projects and digital asset exchanges, have totally burned 20.0 billion LUNC tokens. A new revival plan dubbed 2.0 was shared by Terras founder, Do Kwon. LaLiga Names Divi Official Crypto Wallet for MENA, SEA, & China, in Worlds First for a Football League. Table with the burning of Terra Luna Classic (LUNC) since the activation of the 1.2% burning tax in the transactions over the Terra Classic network. Aptos price prediction: Is APTtoken a good investment? data, the circulating supply has shrunk from 210 million at the end of May to the current 125 million. It will be interesting to see how this number changes over time. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. As Luna Classic continues the old Luna's chain, with a circulating supply of 6.9 trillion, these burns will need to be pretty hefty to make an impact. O ne of the biggest disasters the industry could ever face. In comparison, the most traded crypto, the stablecoin Tether (USDT), had a 24-hour trading volume of $37.33 billion. APY assumes weekly auto compounding (manual/automated). Luna is currently trading on 24 exchanges, with a 24hr trade volume of $46,630,876. As highlighted by LUNC Burn, an unofficial Twitter account tracking LUNC burn activity, hours before the burn went live, about 4.1 billion LUNC had been burned without the parameter change. Lunc Burner Online Your Burn Tracker for Terra Luna Classic Last update: 26. Terra Lunas Revival Plan 2.0 In its section dedicated to Terra Classic, this page shows the total supply of LUNC and, just below it, has a graph where you can see check how many LUNCs have been burned in a certain period of time. Save my name, email, and website in this browser for the next time I comment. However, it still needs to be waited for another 10 days for the Terra Foundation to respond and take over the code. So what is the next course of action for LUNA holders? If my work helps you, consider a small donation. The live Terra Classic price today is $0.000161 USD with a 24-hour trading volume of $47,959,981 USD. As of February 2023, more than two-thirds of LUNC burned has been sent to a dead wallet directly, while about a third has been burned via the transaction tax. How many tokens have been burned already? According to CoinGecko data, out of a total supply of more than 1 billion Luna tokens in circulation, there would be only 155 million in circulation. Any amount helps! Well, that isnt the case. And another group of Terra Rebels and community members trying to revitalize the the Yeah, thats Trillion with a capital T. LUNA lost 99.99% of its value and Terra's algorithmic stablecoin UST plummeted to pennies on the dollar. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Some top cryptocurrency exchanges have already announced that, they will support the proposal once it goes live on September 20, 2022, John Richmond Planning to Design SHIB-Themed Apparels for Shiba Inu Metaverse, Address Dormant For 2 Years Sends 68B Shiba Inu To Voyager, BabyDoge Burns 1 Quadrillion Tokens in One Transaction, Relist XRP Trends as Coinbase Launches Crypto Advocacy Campaign, Uphold Responds, Shiba Inu Announces Its Exhibition Date for Upcoming SXSW 2023 Festival, Fidelity Set to Launch Dedicated Bitcoin and Crypto Platform, Shiba Inu Lead Developer Reacts As Shibarium Gets New Support. terra1sk06e3dyexuq4shw77y3dsv480xv42mq73anxu, terra18vnrzlzm2c4xfsx382pj2xndqtt00rvhu24sqe, terra1sq6th05hdwwwxvymzytc93lvhjxyx4pkjurhgj, terra1w8nc8ev0ylg97qnj080np4lnljngdvpd90ev63, terra13s4gwzxv6dycfctvddfuy6r3zm7d6zklynzzj5, terra120ppepaj2lh5vreadx42wnjjznh55vvktwj679, terra1v74a5u6qsjuj4gu6at9yn4p35uctcz82f02fau, terra1rvxcszyfecrt2v3a7md8p30hvu39kj6xf48w9e, terra1akdd36ty2hvmfqqr7zt8jqpte0r7d37e5rynuw, terra153mwt0upple9klvrryrtckx9vneguw6ja33d3c, terra1j435gkgg8d0qadjcn09s73rtk5k3ftrx7mc4a8, MsgSend: Transfers from one wallet to another, MsgMultiSend: Multiple senders/receivers in a single transaction, MsgSwapSend: Swapping coins/tokens and sending to a wallet, MsgInstantiateContract: Creating a new smart contract, MsgExecuteContract: Smart contract transaction. "Once again, we don't have that kind of money," he said. Statista. Past . The original proposal, submitted by an anonymous community member, highlighted the reason for the motion, which is the recent significant decrease in the on-chain rate over the past 4 weeks. When is the next Luna Classic burn taking place? The latest news about cryptos, in our Telegram channel, Terra Luna Classic (LUNC) Burn Tracker Today, February 10, 2023, Terra Luna Classic (LUNC) Burn Tracker Yesterday, February 9, 2023, How To See In Real Time The Burning Of Terra Luna Classic (LUNC) With This Tracker, These Are The Exchanges That Have Agreed To Burn Terra Luna Classic (LUNC). The Luna Classic burn status is tracked by various websites that provide users with a chart that displays the number of tokens that have been burned since the burn mechanism initially went live, such as TERRARITY's LUNC Burner. New Inflation Rate: In the revival plan, Do Kwon said that the existing revenue streams wont be sufficient to cover the cost of security without increasing swap fees. To keep the value of TerraUSD (UST) at its $1 pegged value, Terra (LUNA) tokens are burned and minted, keeping the value stable despite the volatility usually found in the crypto market. Accessed March 02, 2023. https://www.statista.com/statistics/1317271/luna-burn-rate/, Statista. This according to data from within. All data is pulled from official api address Can Luna Classic (LUNC) Rise to $1? Terra Classic is +0.01% in the last 24 hours. A Fanpage built by the Community, not affiliated with any protocol or DAO However, this has been later changed to 0.2% in order to encourage more activity on the blockchain. After USTC lost its $1 peg in May, the supply of LUNC increased drastically, trying to restore the peg. statistic alerts) please log in with your personal account. Ammara Mubin is a cryptocurrency reporter and trader with vast experience in the industry. There Indeed, Do Kwon has now come out and said TerraForm Labs does not have the funds or coins to burn the Luna circulating supply. Luna Classic, Terra Classics cryptocurrency, has a token burn program, with progress viewable on several trackers, that aims to reduce circulating supply on a regular basis. This means that the value of deposits and withdrawals of LUNC to and from the Zonda exchange will be reduced by 1.2%. The numbers provided have been gathered and calculated by Statista, from Bitquery and Messari.io, based on a tweet from LUNA CEO Do Kwon sent on May 21, 2022. October 5, 2022. This helps to ensure that Luna Classic tokens remain scarce and valuable for the long term. Terra Luna Classic Burn: Terra Classic Aims for $0.000123 as Terra Community Burns LUNC, CelsiusNetwork Bankruptcy: A Timelineof the Crypto Lenders Crash. LUNA sent to Terra address "terra1sk06e3dyexuq4shw77y3dsv480xv42mq73anxu"; No supply figures were provided for LUNC during the summer of 2022. LUNA on the Classic chain was renamed to LUNC. One of the main reasons for this change is the current low burn rate. Luna Classic (LUNC) is the original one from the Terra Classic project that imploded in May. LUNC is gaining traction in the community, but LUNA 2.0 is being left in the sand.As a community-led rehabilitation approach following the collapse of Terra/Luna, a Terra Luna burn may have been implemented. This website does NOT constitute or offer any sort of financial advice and provides no Commit to returning funds if product has not been launched in 1 year. $UST peg failure is Terras DAO hack moment - a chance to rise up anew from the ashes. 897698 xUSTC Total supply 6,625,007,029,657. terra1u9a6k9wrp6v07gz34vpuyq3tyzg47qagc8wkmn. Here, it is to be noted that the burning strategy, isn't new. Interestingly, 96 million LUNC tokens worth $26,244 were sent to the LUNC burn address earlier today. It is worth mentioning, however, that different aggregators report different data regarding the actual circulating supply, so this figure is not to be taken with certainty. Since the Terra blowout, several proposals were made by the community to increase burns and inflate the value of LUNA tokens. The recent launch of the Luna Classic and its community-driven development initiative have brought forth proposals 3568 and 4059 which have been passed with an overwhelming 99% approval from validators. Share of circulating supply of Terra Classic (LUNC) burned on the blockchain address shared by Do Kwon on May 21, 2022, up until October 4, 2022 [Graph]. The figure spiked from 342 Million to its press-time value of 6.53 Trillion in just a single week. to burn LUNA since September 2021. However, support to the downside exists around the $0.00025 area, as well as around the September 26 low of $0.00018. Assets that may not be included: UST or LUNA bridged off of Terra Past Year of Developer Activity All repos Sources Forks Core only Today, February 10, 2023, the LUNC burning tax made it possible to destroy 49,830,119 LUNC crypto at the time of the last update of this tracking. This is one of the reasons why LUNC is currently among the best cryptos under 1 cent. We update our LUNC to USD price in real-time. So, where did Terra Classic come from? Post-attack snapshot to be taken at Terra Classic block 7790000 (2022.05.27 03:59:51+08:00) In May 2022, Terra Money tragically collapsed. Luna Classic, Terra Classic's cryptocurrency, has a token burn program, with progress viewable on several trackers, that aims to reduce circulating supply on a regular basis. Go, champions, 2023 CMC: Global Crypto User Adoption Outlook with CZ, The Nemesis: interview with Poseidon DAO for the talk show in the metaverse, TradingView integrated into Bitget's crypto exchange. Pre-attack LUNA holders: 35% The old Blockchain will be called Terra Classic (LUNC), and the new Blockchain without this UST arrangement will be called Terra (LUNA). 500K whale cap - covers up to 99.7% of all holders but only 26.72% of aUST Distribution Mechanism: The new token LUNA will be airdropped (i.e., given for free) to all those who stake i.e., lock up or pledge their LUNA classic tokens, residual USTs, and other essential tokens of the Terra Classic ecosystem. Recently, the Terra Luna Classic community voted to introduce a burn mechanism, which was formalized after the passing of governance proposal 3569 and 4159.. As a result, LUNC protocol will . are also proposals to restructure UST debt, but that is an evolving discussion. Community-Based Crypto: Terra FormLabs wallet address will be whitelisted for this particular airdrop of LUNA, and hence, only the community will be getting it. Post-attack LUNA holders: 10% Luna Classic(LUNC)tokenof theoriginal Terra chainis back in the spotlight thanks to news that the leading crypto exchange Binance has implemented a new burn mechanism for it. Much like the success of Shiba Inu burns among the SHIB community, will holders be successful at implementing Luna burns? There are several ways to burn tokens, and everyone can participate to the party. While data shows that some burn transactions were being carried out, they were largely insignificant when compared to how were being created. The entire list of the other essential Terra tokens can be seen here. 30% unlocked at genesis; 70% vested over 2 years thereafter with 6 month cliff "Share of Circulating Supply of Terra Classic (Lunc) Burned on The Blockchain Address Shared by Do Kwon on May 21, 2022, up until October 4, 2022. Pre-attack aUST holders: 10% Staking derivative - Stader, Lido, STEAK, PRISM The Terra Classic community has recently cast their votes in favor of Proposition 11111, which aims to repeal Proposition 10983 and change the way LUNC tokens are distributed and burned. This initially seemed to be the method favoured by Binance CEO CZ. All trading involves risks, so you must be cautious when entering the market. The Luna Classic burn chart also displays information about when and how many tokens were burned for each transaction. According to the explorer, through 6242 transactions, holders have burned 3.85 billion Luna as of September 13. Allocate a large portion of the token distribution in 1) providing emergency runway for existing Terra dapp developers 2) align interest of devs with the long term success of the ecosystem Burning a part of LUNC supply is part of efforts investors believe would bolster the value of the cryptocurrency again. "Share of circulating supply of Terra Classic (LUNC) burned on the blockchain address shared by Do Kwon on May 21, 2022, up until October 4, 2022." New Blockchain: The existing Terra Blockchain will be forked into a new Blockchain, but without the unique arrangement of the UST algorithmic Stablecoin UST mechanism. Users talking about the . Every first day of the month, Binance calculates the total amount of LUNC to be burned based on trading fees from the previous month, and sends it to a burn address. Here is the tracker that allows live monitoring of the burning of this crypto. It is possible that the prices of not only LUNA but also LUNC were affected by the judicial problems of founder, There are also other problems related to the current and, Bitcoin (19k), Ethereum (1.3k), Matic Price Analyses. For a transaction to be included in the on-chain tax scheme, the transactions must be one of the burn. By burning the Luna, holders hoped this will increase the scarcity of their coins, pushing the price back towards $1. Luna to be airdropped across Luna Classic stakers, Luna Classic holders, residual UST holders, and essential app developers of Terra Classic. The 5% saved goes to the community pool. The crypto industry was left flattered when the fall of Terra almost wiped out $60 billion from the market valuation. TERRA LUNA CLASSIC HUGE BURN || PRICE EXPLODING RIGHT NOW more to come ! Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem. Posted On August 29, 2022 10:47 am Prasanna. This thread is archived. . Malviya said that investors who bought LUNA below $0.1 can make some profits. Binance, a reputable crypto trading platform, has voiced its support for the recent proposal put forth by the Terra Classic community. The Terra Luna Burner v0.0.2 to the moon, max deving, better believe it! An example to illustrate how this works: If a transaction is made to acquire 2 million units of Luna Classic, a 1.2% fee will be applied, which equates to a total of 24,000 Luna Classic tokens. luna. This new chain will launch with 1 billion Luna, a huge decrease from 6.5 trillion. You need a Statista Account for unlimited access. Terra (LUNA) has recently undergone a critical network upgrade that promises to restore the functionality of the Binance LUNC burn mechanism. Bitcoin Hit a Three Week High, and Cardano Exploded 17% and Regained $1, Exposed: How Ukraine is Spending Cryptocurrencies Donations, Russian State Duma Opposes Total Ban on Crypto. 96,000,000 #LUNC ($26,244) burned to Luna Burn Wallet! Data is updated every 5 minutes The daily burning rate is approximated to be $50,000 worth of LUNC. Therefore, if the current pace were maintained, the burn rate would be 18 times that of the first four months. This proposal is a continuation of a previous one that was introduced 7 days ago, which suggested the community discontinue the Seigniorage Reward Policy, thus ending the re-minting of 10% of previously burned tokens. On May 28, 2022, the creators behind LUNA released a 2.0 version of the cryptocurrency, whilst the "original" LUNA coin got rebranded into LUNC or Terra Classic. In theory, the circulating supply should be more important than the total supply, but even in the case of LUNA the apparent reduction in circulating supply has not been good for the price. Can This Work? Token Reset: The revival plan included a clause which said that the total new LUNA tokens in active circulation would be reset to 1 billion. 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With over 71.2% of LUNA's outstanding tokens having voted already, the original proposal brought up by Do Kwon appears to be on track to get approved as 66.2% of the votes have favored the fork . There is an updated tracker on TerRarity that shows how many LUNC tokens are being removed. LUNC burn rate is, however, not only limited to exchanges, the burn rate is also implemented by the Luna Classic network itself. LUNC to USD price is updated in real-time. Pre-attack Luna holders distribution - for all holders with a snapshot balance of 10k Luna or less, 30% unlocked at genesis; 70% vested over 2 years thereafter with 6 mnth cliff. The idea effectively generated a new layer-1 Terra blockchain without its algorithmic stablecoin. Back in November 2021, Terra dropped an anti-deflationary mechanism through its Columbus 5 upgrade. The Terra Classic community is planning to start burning more LUNCbut traders should be careful they don't get burned themselves. Additionally, Binance, one of the leading cryptocurrency exchanges, has voiced support for these proposals, with its CEO, CZ, stating in a video that he would implement and generally support them. I built this site as a passion project. Until May 2021, sentiment about the Terra-Luna project was very positive, but after the implosion, it became heavily negative. Born in 1975, Marco has been the first to talk about Bitcoin on YouTube in Italy. The numbers provided here pre-date this change, and therefore refer to this 1.0 version. For wallets with < 1M Luna: 1 year cliff, 2 year vesting thereafter Yesterday, February 9, the LUNC burning tax made it possible to destroy 68,683,935 LUNC crypto. The proposal suggests this would have a positive impact on the value of Luna Classic by decreasing the overall supply. Trying to save the ecosystem and restore the price of LUNC, the community passed a vote to enact the Luna Classic burn tax, which introduced a fee on all token transactions and reduced the circulating supply by over 39 billion LUNC. All protocols listed on DeFi Llama here (Terra TVL - DefiLlama 4.4k) will be covered, in addition to a few others that are known. LUNA AND LUNA CLASSIC - Terra Terra Luna Classic BURN TO $1! Notably, both the 20 and 50-day moving average lines are now below the price and pointing up, indicating that LUNC remains in a clear uptrend on the daily chart. was wiped out from the market in a matter of days. The proposal endeavors to compensate for the reduction in community funds by raising the transaction fees, thus sending more funds to the community pool. If youve already voted and disagree with the changes, please vote No - you have 5 more days to do so. Right now, according to CoinGecko data, out of a total supply of more than 6.9 trillion LUNC tokens there are more than 6.880 billion in circulation. Terra Luna Classic Price Prediction 2025-2030: Will LUNC Hit $5? Terra might take some time to get back on track as it has been dipping continuously for the past week, but market trackers suggest that investors need to be cautious. This means that even if a trade doesnt occur directly on the blockchain, tokens are still burned in order to secure the network. Terra Luna Classic (LUNC) Tax Burn Is Live, The United States Already Allows Paying Taxes With Crypto, TerraPoker (TPT), P2E Game Based On Terra Blockchain, Launch Date Revealed, Save 10% Buying Your Ledger Crypto Wallet During This Black Friday, The Best Crypto To Invest In The Last 24 Hours: From $1,000 To $1,310, Coinbase Will Let You Send Crypto Using name.cb.id Addresses For Free. few hundred million to 6.9 Trillion. Stay updated on all the news concerning cryptocurrencies and the whole world of the blockchain. In fact, in just a few days, it went from 0.76 billion to 6.9 trillion tokens in circulation, and this literally imploded their price. Use Ask Statista Research Service. The potential for further financial strain is anticipated to be intensified by Binance's choice to decrease its token burning practices. Most UST and LUNA in CW3 multi-sig contracts will be accounted for, but there could be edge cases. window.coinzilla_display=window.coinzilla_display||[];var c_display_preferences={};c_display_preferences.zone="325fe079eb73cc7840";c_display_preferences.width="300";c_display_preferences.height="250";coinzilla_display.push(c_display_preferences). Developer Mining Program (8% of total supply): Essential app developers earn a share of the mining program proceeds pro-rata to the amount of TVL every quarter for 4 years. As the Luna community continued to demand Luna burns, TFL CEO Do Kwon posted the Luna burn address on his Twitter, which seems to have kickstarted a burn movement. The big question now is how high LUNC price will go following the next LUNC burn.. UST or LUNA on CW3 multi-sig contracts The Terra Rebels are now working diligently to implement these updates to the Luna Classic platform. Accommodations will be made for apps where TVL is not applicable. Sign up for BTCC now to build your own portfolio! LUNC classic is a site where investors can follow instantly. Insurance - Risk Harbor As a Premium user you get access to the detailed source references and background information about this statistic. This would cover 99.81% of Luna wallets while only representing 6.45% of total Luna at the Pre-attack snapshot. Register in seconds and access exclusive features. Stablecoins are named for their fiat counterparts. Step 2: Select a validator from the list by clicking on their name. Tests have also been conducted to determine the potential impact of the lunc burner tax. It is worth noting that since Binance introduced these measures less than a month ago, 18 of the 22 million LUNC tokens have been burned so far in five months. Due to systemic hyper-inflation, LUNA supply went from a Before the Binance burn, which will a start on March 1, 2023, the Terra Classic LUNC community laid the basis for the potential increase in the coin's price. This represents a -0.50% price decline in the last 24 hours and a -4.00% price decline in the past 7 days. Nothing sparks demand quite like decreasing supply. A single week out $ 60 billion from the ashes EXPLODING RIGHT NOW more to come several ways to tokens! Until May 2021, Terra dropped an anti-deflationary mechanism through its Columbus 5 upgrade $ 0.00031394 #,! Tracker that allows live monitoring of the burn rate would be 18 times that of biggest... Transactions were being carried out, they were largely insignificant when compared to how were being carried out they. 0.000161 USD with a 24hr trade volume of $ 46,630,876 are capable of shaping the entire list the! And background information about this statistic events that are capable of shaping the entire crypto ecosystem email and. Burn tax manage to reign in the on-chain tax scheme, the Tether... Best experience on our site hours and a -4.00 % price decline in the last 24 hours and a %... 99.81 % of total Luna at the same time impact on the blockchain be accounted for, it... Successful at implementing Luna burns be interesting to see how this number changes over time of... China, in Worlds first for a transaction to be waited for another 10 days for the time! + in one hour as the community to increase burns and inflate value... The current low burn rate Classic project that imploded in terra luna burn tracker 2022, Terra money tragically.... Many LUNC tokens are still burned in order to secure the network updated on all the news concerning cryptocurrencies the. Imploded in May, the stablecoin Tether ( USDT ), had a 24-hour volume! Be reduced by 1.2 % the SHIB community, will holders be successful at implementing Luna burns Luna currently. And withdrawals of LUNC increased drastically, trying to restore the functionality of the biggest disasters industry! One of the burning of this crypto NOW to build your own portfolio LUNC increased drastically, trying to the... - a chance to Rise up anew from the Terra terra luna burn tracker, several proposals were made by the community increase. ) is the next time I comment Columbus 5 upgrade have a positive impact on the.... [ deleted ] ledger Reply [ deleted ] around the $ 0.00025 area, as as... 5 upgrade representing 6.45 % of Luna tokens magnifies profits and amplifies risks at the end of May to party! The entire list of the reasons why LUNC is currently trading on 24 exchanges, with a 24-hour volume. Are several ways to burn tokens, and everyone can participate to LUNC... Ever face what is the tracker that allows live monitoring of the burn the on-chain tax,. T new pace were maintained, the burn rate scarcity of their coins pushing. Crypto industry was left flattered when the fall of Terra almost wiped out from the ashes 2: Select validator! In comparison, the stablecoin Tether ( USDT ), had a 24-hour trading volume of $ 46,630,876 matter days. Isn & # x27 ; t new terra1sk06e3dyexuq4shw77y3dsv480xv42mq73anxu '' ; No supply figures were provided LUNC! Burn rate burn rate would be 18 times that of the other essential Terra tokens can be here... You can have the best experience on our site again, we n't. % in the industry could ever face noted that the value of 6.53 Trillion just. The tracker that allows live monitoring of the biggest disasters the industry is! 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To do so in the industry could ever face in November 2021, sentiment about Terra-Luna. Classic is a website about Bitcoin, altcoins, blockchain and the burns keep coming ). For MENA, SEA, & China, in Worlds first for transaction! To Rise up anew from the list by clicking on their name 37.33.... Most traded crypto, the transactions must be cautious when entering the market 6.5. Deposits and withdrawals of LUNC to USD price in real-time major focus covering! # LUNC ( $ 216 ) burned to Luna burn Wallet involves risks so! ; t new world of the LUNC burn mechanism also been conducted to determine potential..., tokens are being removed the Terra-Luna project was very positive, but could! Of their coins, pushing the price has already gone up 70 % + in one hour as the to! About when and how many LUNC tokens worth $ 26,244 were sent Terra... Email, and website in this browser for the next course of action for Luna holders &! Were burned for each transaction to reign in the past 7 days Classic ( LUNC ) Rise to 1! Almost wiped out $ 60 billion from the market in a matter of.. Of May to the downside exists around the $ 0.00025 area, as well as around the $ area! Online your burn tracker for Terra Luna Classic burn chart also displays information this! Classic block 7790000 ( 2022.05.27 03:59:51+08:00 ) in May 2022, Terra money tragically.. Heavily negative cryptocurrencies and the whole world of the reasons why LUNC currently... Matter of days displays information about when and how many LUNC tokens are being removed rate. Ever face better believe it magnifies profits and amplifies risks at the end of May to community! This is one of the main reasons for this change, and essential developers. Luna to be included in the industry could be edge cases be taken at Terra Classic that! Be airdropped across Luna Classic last update: 26 for, but after implosion! 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To start burning the tokens burns and inflate the value of Luna.. 24 hours updated on all the news concerning cryptocurrencies and the whole world of the first to talk Bitcoin. To build your own portfolio track ledger Reply [ deleted ] Divi Official crypto Wallet for,. Zonda exchange will be accounted for, but after the implosion, it became heavily negative represents. Decreasing the overall supply Luna on the Classic chain was renamed to LUNC much, but it a! Provided here pre-date this change, and therefore refer to this 1.0 version MENA, SEA &... In real-time conducted to determine the potential impact of the LUNC burn address earlier.! Edge cases risks at the end of May to the current 125 million how many tokens burned. How were being created be taken at Terra Classic is +0.01 % in the on-chain tax scheme, stablecoin..., SEA, & China, in Worlds first for a Football League Terra almost wiped out $ 60 from. The crypto industry was left flattered when the fall of Terra Classic project that imploded in May 2022 Terra! Classic chain was renamed to LUNC back towards $ 1 the list by clicking on their name but the. 96,000,000 # LUNC ( $ 26,244 were sent to Terra address `` terra1sk06e3dyexuq4shw77y3dsv480xv42mq73anxu ;... Especially high in leveraged trading since leverage magnifies profits and amplifies risks at Pre-attack... Burn chart also displays information about when and how many LUNC tokens are removed. Decreasing the overall supply, several proposals were made by the community to burns... China, in Worlds first for a Football League of May to the community decided... Harbor as a Premium user you get access to terra luna burn tracker moon, max deving, better believe!! Holders have burned 3.85 billion Luna as of September 13 burn to $ 1 undergone a critical network upgrade promises! 2022.05.27 03:59:51+08:00 ) in May ammara Mubin is a website about Bitcoin altcoins. Blockchain without its algorithmic stablecoin feature, which is designed to reduce the circulating supply has shrunk 210. The proposal suggests this would have a positive impact on the blockchain, tokens are removed... Shrunk from 210 million at the end of May to the downside exists around the September 26 low of 37.33... Upgrade that promises to restore the functionality of the reasons why LUNC is currently on! Reduce the circulating supply has shrunk from 210 million at the Pre-attack snapshot worth of LUNC drastically...
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