Web19 Oct 2024 · With the passage of Proposal 5234, the Terra LUNA Classic community chose to reduce the LUNC tax burn rate for on-chain transactions from 1.2% to 0.2%. The tax … Web22 Oct 2024 · The shortage in LUNA supply is likely to trigger a rally in the altcoin's price. Next week, we will uphold @terra_money signal prop 44 and initiate a proposal to burn 90M Luna in the community ...
About Terra — Terra Docs documentation
Web8 Sep 2024 · Crypto Terra Luna Classic Surges as Traders Speculate on New Supply Burn Rule Consensus Magazine Learn Bitcoin Calculator Consensus Webinars Indices About … Web7 Sep 2024 · In order to deal with this monumental task, Terra Rebels decided to implement a modest 1.2% tax/burn plan designed to fund the purchase and burn of excess tokens down to 10 Billion units. st paul car show june
The luna (Terra) burn tracker - The Cryptonomist
Web18 Apr 2024 · When the UST supply falls below $1, LUNA increases the supply to keep the UST pegged to the dollar. Users who want to mint Terra stablecoins must burn a quantity of LUNA equal to one dollar. The community treasury receives a small fraction of the LUNA tokens used to mint stablecoins, known as seigniorage, making stablecoin minting … Web23 May 2024 · Terra (LUNA) holders have sent over LUNA 273m to the burn address provided by the Terraform Labs founder and CEO Do Kwon in a bid to reduce the token supply - an idea that Do Kwon is not in support of. Upon request from some community members, the CEO shared a burn address over the weekend. Subsequently, a token holder … Web14 May 2024 · The Terra Luna logo. Over the last few days, the cryptocurrency world has faced an intense shakeup due to the precipitous drops of a stablecoin called TerraUSD and its sister currency Terra Luna. The crash has rattled the broader crypto market, and other tokens including bitcoin and tether have also struggled. Terra Luna is now almost … st paul castle hill