HomeLatest NewsOver 1 Billion LUNC Burned in a Week as Staking Passes 2...

Over 1 Billion LUNC Burned in a Week as Staking Passes 2 Billion

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The Terra Classic community has delivered major results in just seven days. More than 1 billion LUNC tokens have been burned, while staking has surged by over 2 billion tokens, pushing network participation to 14.85 percent.

This rapid reduction in supply comes from ongoing community-led burn initiatives designed to lower circulation and increase scarcity. At the same time, the strong rise in staking shows growing confidence in Terra Classic’s long-term recovery and stability.

The network’s stablecoin, USTC, also saw a slight supply drop of 137,214 tokens, adding to overall progress in balancing the ecosystem.

These numbers underline a clear message: the Terra Classic community is actively reshaping the chain’s tokenomics. If this pace continues, LUNC’s supply could see even deeper cuts while staking further secures the network.

Adit 39
Adit 39https://www.adit39studio.com/
The world shall know PAIN

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