HomeLatest NewsBinance will conduct its next Terra Classic (LUNC) burn on September 1,...

Binance will conduct its next Terra Classic (LUNC) burn on September 1, 2025

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Binance will carry out its next scheduled Luna Classic (LUNC) token burn on September 1, 2025, continuing its monthly commitment to reduce the circulating supply of LUNC.

This burn program, launched in 2022, sends LUNC tokens collected from trading fees to a burn wallet, permanently removing them from circulation. Since its inception, Binance has already burned 73,858,807,310 LUNC, making it the largest single contributor to LUNC supply reduction.

The goal of these burns is to gradually decrease the overall token supply, supporting efforts to stabilize the Terra Classic ecosystem. While token burns can improve scarcity, they do not guarantee price increases and should be viewed as part of a broader, community-driven recovery plan.

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Adit 39https://www.adit39studio.com/
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