š BINANCE BACKS MAJOR TERRA LUNA CLASSIC ($LUNC ) UPGRADE š
Binance is excited to announce support for the v3.3.0 upgrade of the Terra Luna Classic ($LUNC) networkāa key milestone in the journey to revitalize the ecosystem. Scheduled for December 17, this upgrade is set to enhance utility, security, and tax management for the LUNC blockchain.
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š§ WHATāS NEW IN THE v3.3.0 UPGRADE?
1ļøā£ Automatic Tax Deductions:
Simplifies tax handling by automating deductions for transactions, making LUNC more user-friendly.
2ļøā£ Enhanced Security:
Stronger protocols to protect users and developers on the platform.
3ļøā£ Developer-Friendly Upgrades:
Boosting the blockchainās appeal to developers and paving the way for new dApps and projects.
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š„ WHY THIS MATTERS
Binance has been a key player in the Terra Luna Classic revival, contributing to:
LUNC Burn Mechanism: Monthly burns to reduce circulating supply (393B+ LUNC burned, with Binance contributing 68B).
Supporting Developers: Aiming to attract innovative projects and increase blockchain utility.
Community Efforts: Backing initiatives like the potential repeg of $USDC
stablecoin.
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š UPGRADE TIMELINE
Date: December 17, 2024
Block Height: 21163600 (~14:02 UTC)
Impact on Users:
Deposits & Withdrawals: Temporarily suspended to ensure a smooth transition.
Trading: UnaffectedāBinance will manage all technical requirements.
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š REVIVING TERRA LUNA CLASSIC
With the v3.3.0 upgrade, LUNC is poised to become a powerhouse blockchain once again:
Simplified tax management for seamless transactions.
Enhanced infrastructure to support developers and dApps.
Continued efforts to burn tokens and restore value to the ecosystem.
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š¬ Whatās your take on this upgrade? Will Terra Luna Classic regain its former glory? Share your thoughts below and join the discussion!
#LUNCUpgrade | #BinanceSupportsLUNC | #CryptoRevival | #TerraLunaClassic #Write2Earn