LUNC Token Burn Milestone: Strengthening the Terra Classic Ecosystem 🌍 As 2024
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comes to a close, T
LUNC Token Burn Milestone: Strengthening the Terra Classic Ecosystem 🌍
As 2024 comes to a close, Terra Classic ($LUNC) continues to make headway in its mission to reduce its total token supply. With the unwavering support of its community, Binance, and Terraform Labs, remarkable progress has been achieved in cutting down the circulating supply. Here's a snapshot of the latest developments:
🔥 Unprecedented Token Burns in 2024
1. Binance Initiative: The recent monthly burn saw Binance incinerate over 1 billion LUNC tokens, maintaining its commitment to burning 50% of the trading fees generated from LUNC spot and margin trading. To date, Binance has burned nearly 137 billion tokens, showcasing its pivotal role in LUNC’s journey toward scarcity. 🚀
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