#LUNC

How LUNC is Burned

The Terra Classic community and developers have created several mechanisms for LUNC burning:

1. Transaction Fee Burns: A percentage of transaction fees on the Terra Classic network are set aside to be burned, directly removing those LUNC from circulation.

2. Community-Driven Burns: Some exchanges and community groups have held special events or campaigns to encourage users to burn LUNC voluntarily.

3. Proposal-Based Burns: Governance proposals sometimes include specific burn rates or mechanisms to manage supply further, depending on community vote outcomes.