Add 3 Additional Binance Wallets to the Burn Tax Whitelist

Voting Options: ✅ YES / ❌ NO / ➖ ABSTAIN / 🚫 NO WITH VETO

Summary

This proposal seeks community approval to add three new Binance-controlled wallets to the burn tax whitelist. This change would exempt these wallets from the current 0.5% on-chain tax during internal transfers, allowing Binance to operate more efficiently while continuing its monthly LUNC burn contributions.

Background

Binance has been a consistent and valuable supporter of the Terra Classic ecosystem. Through their monthly burn mechanism, Binance contributes 50% of all trading fees from LUNC spot pairs directly to the official burn address, helping reduce the circulating/total supply and support the burn narrative.

In recognition of this effort, the Terra Classic community has previously voted to whitelist a number of Binance-controlled wallets from the on-chain tax when used for internal operational transfers (i.e., movements between Binance-owned wallets that are not user deposits/withdrawals).

📢 Binance is now requesting to add three more internal wallets to this whitelist:

• terra1zphegzz94l3mr9w56yq6845wfcfllmrdn8xzyc 
• terra15qvs2dzzydqt4ygfn0k0ertjnv8ctytggnx4ez 
• terra1sepf0spaj969m59cgj3w3ch5udgf25qsx9cl2h

🔗 Binance’s previous announcement detailing their burn mechanism and tax exemption policy can be found here:  👉 Binance Announcement – LUNC Tax and Wallet Exemptions

Justification

• ✅ Binance is one of the largest contributor to LUNC burns, supporting the community and tokenomics.
• ⚙️ Allowing internal transfers without taxation is consistent with previous governance actions and ensures efficiency.
• 🧾 Internal wallet transfers are not economic transactions, and taxing them would be counterproductive.
• 📝 Binance has maintained transparency with the community on this topic.

Proposal Details

Update the burn tax exemption whitelist to include the following Binance-controlled wallets:

• terra1zphegzz94l3mr9w56yq6845wfcfllmrdn8xzyc 
• terra15qvs2dzzydqt4ygfn0k0ertjnv8ctytggnx4ez 
• terra1sepf0spaj969m59cgj3w3ch5udgf25qsx9cl2h

No other tax parameters or exemptions are being modified as part of this proposal.

Conclusion

Binance has played a key role in the ongoing revitalization of the Terra Classic chain by burning large amounts of LUNC every month. This proposal reflects a reasonable and fair continuation of that partnership by allowing Binance to manage its internal operations more effectively without compromising burn contributions.

✅ Please consider voting YES to support Binance’s operational request and encourage their continued engagement with Terra Classic.