šŸŒ– BINANCE BACKS MAJOR TERRA LUNA CLASSIC ($LUNC ) UPGRADE šŸš€

Binance is excited to announce support for the v3.3.0 upgrade of the Terra Luna Classic ($LUNC) networkā€”a 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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šŸ”§ WHATā€™S NEW IN THE v3.3.0 UPGRADE?

1ļøāƒ£ Automatic Tax Deductions:

Simplifies tax handling by automating deductions for transactions, making LUNC more user-friendly.

2ļøāƒ£ Enhanced Security:

Stronger protocols to protect users and developers on the platform.

3ļøāƒ£ Developer-Friendly Upgrades:

Boosting the blockchainā€™s appeal to developers and paving the way for new dApps and projects.

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šŸ”„ 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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šŸ“… 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: Unaffectedā€”Binance will manage all technical requirements.

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šŸŒŸ 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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šŸ’¬ Whatā€™s 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