The Terra Classic chain has entered a new era with the v3.3.0 update. The new Gas Fee system has started working.
We tested this system by performing a Swap transaction on Terra Station. Let's go into detail now;
We exchanged 420 USTC for 74,047 +372 LUNC. 372 LUNC were automatically transferred to the "terra1...kaeqfa" wallet as a transaction fee.
This wallet was automatically distributed to 3 wallets;
-80% to the burning wallet,
-10% to the community pool,
-10% to the stake pool,
▪️The system will work like this in every transaction you make on the Terra Classic chain. In this way, the chain will work much more efficiently.
The #LUNC and #USTC s going to burns and pools will be more controllable.
Even in its collapsed state, the Terra Classic chain is ahead of many blockchains.