Terra Luna Classic Considers Raising Burn Tax to Boost Token Value
🔥 Exciting developments in the LUNC ecosystem! 🌐 Users are abuzz with the proposed increase in LUNC's on-chain burn tax rate, from 0.5% to 1.5%. This move, once LUNC supply hits 10 billion tokens, could triple contributions to community and oracle pools, accelerating token burning and boosting long-term staking rewards. 🚀
While the proposal by Terra Luna Classic validator JesusisLord aims to enhance sustainability and support for community projects, its impact on LUNC's market dynamics remains a topic of keen interest. Stay tuned for updates as the community debates the potential outcomes! 📈💬