Did you know... A grand total of ~$40 million has been dist | king Roby on Binance Square

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Bullish

Did you know...
A grand total of ~$40 million has been distributed to YOU, TON community in the last 3 months.
◼1.4М Toncoin for LP boosts
◼726K Toncoin in airdrops
◼$8.5М in prizes for winning teams
◼4M Toncoin for USDT pools
Total: 6.1M toncoin * 5.2 (average price since 4/03) + $8.5M = $40.22 MILLION DOLLARS.
WOW.

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🌖 LUNC News: Terra Luna Classic Community Votes On USTC Burn Proposal The latest USTC burn proposal has gained traction from the Terra Luna Classic community. According to the proposal, it aims to burn a total of 46.55 million USTC through a contract migration, with a specific focus on wallets linked to the Mirror Protocol. Notably, this move follows a previous attempt to execute a burn proposal that failed due to insufficient contract balances. Now, the community is revisiting the matter, with renewed urgency. TerraForm Labs CEO Chris Amani mentioned in a community wind-down meeting that TFL intends to burn all Terra Classic assets. Meanwhile, this approach is driven by a need to ensure security and compliance with ongoing legal requirements. According to Amani, the wallets in question will be destroyed rather than leaving keys vulnerable to future access. “Burning would be the best option,” he emphasized. In additio, the proposal indicates that with a substantial amount of USTC and LUNC linked to these contracts, the community must act swiftly to secure the assets through migration and burn the funds. Besides, it highlights the importance of this action as part of the larger effort to prevent further complications following TFL’s exit from the Terra ecosystem.

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🌖 LUNC News: Terra Luna Classic Community Votes On USTC Burn Proposal LUNC News: The Terra Luna Classic community has recently initiated a USTC burn proposal, which has gained notable traction from the market participants. This initiative follows TerraForm Labs’ recent move to wind down its operations and burn remaining assets, which has noted significant attention from the community members. Meanwhile, this latest proposal seeks to safeguard the Terra Classic community by removing inactive contracts and burning USTC holdings.

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🌖 USTC and LUNC Price Jumps Amid this LUNC news, Terra Luna Classic ecosystem tokens witnessed a slight jump of 2% in the last 4 hours. The tokens also saw a buying activity in derivatives market as futures open interests climbed more than 2% in last few hours. LUNC price climbed nearly 2% from the 24-hour low, with the price currently trading at $0.0000858. The 24-hour low and high are $0.00008372 and $0.00008631, respectively. However, the trading volume remained low amid the pressure in the broader crypto market. Meanwhile, USTC price is trading at $0.01798, up 2% in the last 24 hours. The trading volume saw a 37% jump decline in the last 24 hours.

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