The Terra Luna Classic community takes $12 billion from LUNC and $68 million USTC from trading. It is the second largest removal from circulating supply after LUNC's recent 7 billion tax burn which saw a total of 8.34 billion fees accumulated in a single day.
12 billion LUNC of Anchor bLuna rewards and Lido rewards sender contracts will be burned, according to the proposal. The changes are also available on CoinMarketCap and CoinGecko. Since the owner of the contract has revoked itself, the Terra Luna Classic community now owns the contracts.
An account
Voting on the proposed burn is scheduled to begin soon to obtain community approval to burn these funds. The developers of Terra Luna Classic are also removing LUNC and other USTCs from circulation which will be burned over time. The community has removed 93 million LUNC and 87 million USTC in the Terra Shuttle Bridge Contract (BSC) from circulating supply.