1.6 Billion LUNC Burned in the First 5 Days of November
The Terra Classic community continues to show strong support for its burn initiative, removing more than 1.6 billion LUNC tokens from circulation in just the first five days of November. This consistent burn rate highlights the ongoing community commitment to restoring value within the Terra Classic ecosystem.
Below is the burn breakdown from November 1 to November 5:
| Date | LUNC Burned |
|---|---|
| November 1 | 672,483,780 |
| November 2 | 30,795,957 |
| November 3 | 505,476,172 |
| November 4 | 259,292,102 |
| November 5 | 220,329,764 |
| Total (as of November 5) | 1,688,377,775 |
The daily burn amounts reflect steady participation from exchanges, community projects, and validators who continue to support the deflationary goal of the network.
As the month progresses, the community expects the total burn to increase further, driven by new campaigns and ongoing contributions from validators and dApps within the Terra Classic ecosystem.
The burn mechanism remains one of the key elements of LUNC’s long-term strategy, aiming to strengthen token scarcity while enhancing investor confidence across the broader crypto market.
