Binance Boosts Terra Classic’s Future with Tax2Gas Upgrade: What’s Next for LUNC?

Today marks a major milestone for the Terra Luna Classic (LUNC) ecosystem as Binance, the world’s largest cryptocurrency exchange, has paused operations to support the highly anticipated Tax2Gas upgrade. This game-changing shift will simplify tax calculations by automating them, reduce the burden on developers, and improve network efficiency.

Despite recent challenges, including internal conflicts within the development team, the community has rallied behind Genius Labs’ proposal to integrate taxes into gas fees. With block height 19,850,000 approaching at approximately 11:27 AM UTC, LUNC is preparing for a more streamlined and developer-friendly future.

With the support of Binance, LUNC holders and enthusiasts are looking forward to a smoother journey ahead, even as market volatility continues.

Disclaimer: This post is for informational purposes only and does not constitute financial advice. Always conduct your own research and assess the risks before investing in cryptocurrencies.