Burnt
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🔥🔥Luna Classic Community
Since May 18, 2022, the Terra Luna Classic community has burned over 85 billion LUNC tokens, marking a significant milestone.
This ongoing effort to reduce the circulating supply of
LUNC has reached a significant milestone, with Binance accounting for more than 51% of the total tokens burned. The burning initiatives are critical for improving the Terra Luna Classic ecosystem's utility and sustainability.
5.83 trillion LUNC tokens are already in circulation, out of a total supply of 6.82 trillion LUNC. Binance has contributed nearly 43.6 billion LUNC to the burning process, demonstrating its commitment to the Terra Luna Classic community.
Binance, other exchanges, and community members work together to consistently burn tokens, with an average of 200 million LUNC burned weekly.
Binance alone burned around 4 billion LUNC tokens during the sixteenth round of the LUNC burn on
December 1st.
Binance and other exchanges' introduction of USTC perpetual contracts and new pairings for USTC and
LUNC increased spot and margin trading volumes, contributing significantly to the burn.
In response to a sequence mismatch issue that affected several validators during the introduction of the dyncomm module, core developer L1TF completed the Terra Luna Classic v2.3.2 upgrade.
This significant upgrade ensures that validators, community-accepted developers, and trustworthy members can continue to interact with the Terra Classic chain seamlessly.
The Terrad Client v2.3.2 upgrade addresses issues encountered by validators and node operators, making modifications smoother when the chain experiences automatic halts.
$LUNC $USTC $LUNA
#TerraLunaClassic #Burnt #LUNCPricePrediction
Since May 18, 2022, the Terra Luna Classic community has burned over 85 billion LUNC tokens, marking a significant milestone.
This ongoing effort to reduce the circulating supply of
LUNC has reached a significant milestone, with Binance accounting for more than 51% of the total tokens burned. The burning initiatives are critical for improving the Terra Luna Classic ecosystem's utility and sustainability.
5.83 trillion LUNC tokens are already in circulation, out of a total supply of 6.82 trillion LUNC. Binance has contributed nearly 43.6 billion LUNC to the burning process, demonstrating its commitment to the Terra Luna Classic community.
Binance, other exchanges, and community members work together to consistently burn tokens, with an average of 200 million LUNC burned weekly.
Binance alone burned around 4 billion LUNC tokens during the sixteenth round of the LUNC burn on
December 1st.
Binance and other exchanges' introduction of USTC perpetual contracts and new pairings for USTC and
LUNC increased spot and margin trading volumes, contributing significantly to the burn.
In response to a sequence mismatch issue that affected several validators during the introduction of the dyncomm module, core developer L1TF completed the Terra Luna Classic v2.3.2 upgrade.
This significant upgrade ensures that validators, community-accepted developers, and trustworthy members can continue to interact with the Terra Classic chain seamlessly.
The Terrad Client v2.3.2 upgrade addresses issues encountered by validators and node operators, making modifications smoother when the chain experiences automatic halts.
$LUNC $USTC $LUNA
#TerraLunaClassic #Burnt #LUNCPricePrediction
ABSTRACT CONVERSATIONS
Welcome to Abstract Conversations, a groundbreaking series that opens the door to insightful discussions with the crypto industry's foremost founders, innovators, and thought leaders. Join Burnt on this journey where complexity meets clarity.
Meet Your Host
Abstract Conversations is hosted by none other than Burnt Banksy, the visionary founder and CEO of Burnt. Known globally for audacious displays of digital scarcity, Burnt Banksy and the Burnt team, pivotal contributors to the #XION network, bring a wealth of industry expertise. Listeners can anticipate digestible insights into the inner workings of the crypto world from a true pioneer.
Why Abstract Conversations?
Podcast mirrors Burnt's mission to make crypto more accessible to mainstream audiences. Just as XION's Generalized Abstraction layer aims to simplify complexities for mass adoption, Abstract Conversations will feature engaging dialogues with leading contributors, making intricate topics fun and accessible. These conversations will delve into project fundamentals, aiming to educate and simplify complex concepts for both crypto enthusiasts and newcomers.
Stay Tuned for Engaging Insights
With Abstract Conversations, Burnt continues its mission of making Web3 accessible through various mediums. Community input is very important to Burnt, and the podcast will evolve based on ideas and suggestions from listeners. Stay with #Burnt for the first episode, in which demystify cryptocurrency, making it accessible to everyone
About Burnt
Burnt is transforming the future of Web3 with XION, the first layer 1 chain designed for consumer adoption by simplifying crypto complexities. Having raised over $11M from top-tier investors, including Animoca, Circle, Multicoin, Spartan, HashKey, and more, Burnt is at the forefront of the Web3 revolution.
$USDC #crypto2023 #crypto2024
Welcome to Abstract Conversations, a groundbreaking series that opens the door to insightful discussions with the crypto industry's foremost founders, innovators, and thought leaders. Join Burnt on this journey where complexity meets clarity.
Meet Your Host
Abstract Conversations is hosted by none other than Burnt Banksy, the visionary founder and CEO of Burnt. Known globally for audacious displays of digital scarcity, Burnt Banksy and the Burnt team, pivotal contributors to the #XION network, bring a wealth of industry expertise. Listeners can anticipate digestible insights into the inner workings of the crypto world from a true pioneer.
Why Abstract Conversations?
Podcast mirrors Burnt's mission to make crypto more accessible to mainstream audiences. Just as XION's Generalized Abstraction layer aims to simplify complexities for mass adoption, Abstract Conversations will feature engaging dialogues with leading contributors, making intricate topics fun and accessible. These conversations will delve into project fundamentals, aiming to educate and simplify complex concepts for both crypto enthusiasts and newcomers.
Stay Tuned for Engaging Insights
With Abstract Conversations, Burnt continues its mission of making Web3 accessible through various mediums. Community input is very important to Burnt, and the podcast will evolve based on ideas and suggestions from listeners. Stay with #Burnt for the first episode, in which demystify cryptocurrency, making it accessible to everyone
About Burnt
Burnt is transforming the future of Web3 with XION, the first layer 1 chain designed for consumer adoption by simplifying crypto complexities. Having raised over $11M from top-tier investors, including Animoca, Circle, Multicoin, Spartan, HashKey, and more, Burnt is at the forefront of the Web3 revolution.
$USDC #crypto2023 #crypto2024
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#XION #Burnt #Write2Earn #TradeNTell
You don’t want to miss out on the #XionExpedition come join using my referral link!
https://xion.bonusblock.io?r=w7d3Q25u
𝐃𝐨𝐧'𝐭 𝐟𝐨𝐫𝐠𝐞𝐭 𝐭𝐨 𝐟𝐨𝐥𝐥𝐨𝐰 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐧𝐞𝐰𝐬 𝐚𝐧𝐝 𝐮𝐩𝐝𝐚𝐭𝐞𝐬 𝐢𝐧 𝐟𝐮𝐭𝐮𝐫𝐞𝐬✨
#XION #Burnt #Write2Earn #TradeNTell
