As of December 22, 2024, the total supply of Terra Luna Classic (LUNC) is approximately 6.51 trillion tokens, with a circulating supply of about 5.51 trillion tokens.
The current burn rate is around 80 billion LUNC per year.
At this rate, reducing the total supply to 10 billion tokens would take over 80 years.
However, if the on-chain tax rate is increased to 1.5%, resulting in a 1.2% burn tax, the burn rate could accelerate.
The actual time to reach the 10 billion supply target would depend on various factors, including transaction volumes and network activity.