Over 1.3 Billion LUNC Burned in the Last 16 Days as Supply Reduction Continues
The Terra Classic ecosystem continues to demonstrate strong commitment to supply reduction, with more than 1.3 billion LUNC burned over a 16 day period in March. This consistent burn activity reflects ongoing efforts to restore value and strengthen the long term outlook of the network.
Between March 1 and March 16, a total of 1,332,745,073 LUNC was permanently removed from circulation. The burn mechanism remains a key component of the Terra Classic recovery strategy, supported by both the community and major industry players.
Daily LUNC Burn Breakdown
| Month | Date | LUNC Burn |
|---|---|---|
| March | 1 | 893,838,598.00 |
| March | 2 | 20,150,519.00 |
| March | 3 | 28,273,814.00 |
| March | 4 | 86,426,717.00 |
| March | 5 | 25,557,466.00 |
| March | 6 | 20,131,764.00 |
| March | 7 | 23,569,133.00 |
| March | 8 | 12,580,442.00 |
| March | 9 | 25,561,534.00 |
| March | 10 | 17,562,991.00 |
| March | 11 | 45,688,509.00 |
| March | 12 | 26,446,204.00 |
| March | 13 | 32,944,907.00 |
| March | 14 | 19,548,720.00 |
| March | 15 | 19,410,340.00 |
| March | 16 | 35,053,415.00 |
| Total | 1,332,745,073.00 |
Binance Leads with the Largest Single Burn
The most significant contribution occurred on March 1, when a massive burn was recorded. This was largely driven by Binance as part of its monthly LUNC burn initiative.
Out of the total burned that day, 858,230,264 LUNC came directly from Binance’s program, making it the largest single burn event during this period. This highlights the continued role of major exchanges in supporting the Terra Classic ecosystem.
Sustained Momentum for Terra Classic
Beyond the initial spike, daily burns have remained consistent, showing steady participation from the broader community. While individual daily figures are smaller compared to the Binance contribution, the cumulative effect plays an important role in reducing overall supply.
As Terra Classic continues to evolve, sustained burn activity combined with ecosystem development may contribute to long term recovery and renewed market confidence.
