HomeLatest NewsOnly 138.04 Million LUNC Burned in the Last 7 Days

Only 138.04 Million LUNC Burned in the Last 7 Days

-

In the last seven days, the Terra Classic community recorded a total of 138.04 million LUNC burned. This figure, while still a positive step toward reducing the circulating supply, remains relatively small compared to earlier burn activity.

The LUNC burn mechanism plays a crucial role in the community’s efforts to restore value to Terra Classic. By consistently lowering supply, the initiative aims to increase scarcity, which may support long-term price growth.

Community continue to encourage stronger participation in burning initiatives. They stress that greater collective involvement is necessary to achieve a meaningful reduction in supply and accelerate the recovery path for LUNC.

The results from this period highlight both the progress made and the challenges ahead. Ongoing community-driven burns, coupled with technical development and ecosystem growth, will remain essential in shaping the future of Terra Classic.

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

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

BloFin Sets Delisting Date for LUNCUSDT Perpetual Contract

BloFin is a global cryptocurrency exchange and derivatives trading platform known for offering a wide range of futures, spot, and perpetual contract products. The exchange...

Luna Classic Oracle Pool Balance Drops Sharply Over the Past Year

The Luna Classic Oracle Pool has seen a significant decline in reserves over the past year. In September 2024, the pool held approximately 102 billion...

Luna Classic Staking Rewards Plunge to 3.89 Percent

Luna Classic staking has seen a significant drop in annual percentage rate (APR), sparking concern across the community. On September 6, the Luna Classic staking APR...

Proposal: Fix legacy contracts by core upgrade

Summary This proposal seeks approval for a patch to the chain core that will re-introduce support for legacy CosmWasm contract execution. The change consists of a...

https://luncdaily.com/wp-
content/uploads/2025/08/IMG_3245.webp

Most Popular