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.

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