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LUNC Price Rises 26.7% in Less Than 3 Days

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Adit 39
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LUNC Price Rises 26.7% in Less Than Three Days, Reaching $0.00006

The LUNC price has recorded a strong move in recent days, rising from $0.00004735 to $0.00006 in less than three days.

Based on these price levels, LUNC gained approximately 26.7% during the move. The rally pushed Terra Classic above the $0.00005 level and briefly reached $0.00006.

At the time of writing, LUNC is trading around $0.000057, remaining above its starting price of $0.00004735.

The move represents a notable short term recovery for LUNC, with the token maintaining a higher price level after reaching $0.00006.

With LUNC now trading close to the $0.00006 level, market participants will be watching whether the recent price strength can continue.

LUNC Price Movement

  • Starting price: $0.00004735
  • Recent high: $0.00006
  • Total gain: 26.7%
  • Current price: Around $0.000057

LUNC Burn Surpasses 1.8 Billion in the First 20 Days of August

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Adit 39
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LUNC Burn Surpasses 1.8 Billion in the First 20 Days of August

Terra Classic recorded more than 1.8 billion LUNC burned during the first 20 days of August, highlighting continued burn activity across the ecosystem.

According to the latest daily burn figures, a total of 1,804,090,147 LUNC was burned between August 1 and August 20, 2026.

The figure represents an average of approximately 90.2 million LUNC burned per day during the 20 day period.

More Than 300 Million LUNC Burned on August 1

The strongest burn day during the period was August 1, when 306,825,857 LUNC was burned.

Other notable daily burns included:

  • August 5 recorded 164,018,022 LUNC burned.
  • August 17 recorded 151,543,779 LUNC burned.
  • August 20 recorded 161,060,583 LUNC burned.
  • August 6 recorded 129,114,725 LUNC burned.

These days accounted for a significant portion of the total burn recorded during the first 20 days of the month.

Daily LUNC Burn Breakdown

The daily figures show that burn activity remained consistent throughout the period, although the amount varied significantly from one day to another.

Date LUNC Burned
August 1 306,825,857
August 2 55,289,513
August 3 110,040,593
August 4 53,617,988
August 5 164,018,022
August 6 129,114,725
August 7 62,437,813
August 8 68,436,322
August 9 29,211,824
August 10 33,096,753
August 11 52,323,367
August 12 57,414,704
August 13 66,931,144
August 14 75,517,211
August 15 33,295,644
August 16 20,749,656
August 17 151,543,779
August 18 91,382,376
August 19 81,782,273
August 20 161,060,583
Total 1,804,090,147

Burn Activity Remains an Important Part of LUNC Supply Reduction

LUNC burns are designed to permanently reduce the circulating supply of Terra Classic. While 1.8 billion LUNC represents only a small portion of the overall supply, continued burn activity can contribute to long term supply reduction when sustained over time.

The August figures also show that burn activity does not occur at a fixed daily rate. Some days recorded more than 150 million LUNC burned, while other days recorded less than 30 million.

This variation makes the monthly total more important than individual daily figures when evaluating overall burn activity.

More Than 1.8 Billion LUNC Burned So Far in August

With 1,804,090,147 LUNC burned in just 20 days, the Terra Classic ecosystem continues to record significant token burn activity in August.

The next key milestone will be whether the burn rate remains strong during the rest of the month and how much additional LUNC can be burned before August ends.

For the Terra Classic community, sustained burn activity remains an important part of efforts to reduce the large LUNC supply over the long term.

LUNC and USTC Community Pool Reserve Ceiling Proposal Rejected

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Adit 39
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LUNC and USTC Community Pool Reserve Ceiling Proposal Rejected

A proposal to establish new reserve ceilings for the Terra Classic Community Pool has been rejected by the community.

The proposal sought to set the Community Pool reserve ceiling at 7 billion LUNC and 60 million USTC. Any amount held above these proposed limits would have been designated for routing to the Oracle Module.

The proposal was designed as a governance policy rather than a direct fund transfer or software upgrade. Its approval would not have moved any LUNC or USTC immediately, nor would it have introduced changes to the Terra Classic blockchain code.

What Did the Proposal Aim to Do?

The main objective was to establish a defined maximum reserve for the Community Pool.

Under the proposal, the Community Pool would retain:

  • 7 billion LUNC
  • 60 million USTC

Any surplus above these levels would then have been eligible to be routed to the Oracle Module through separate governance actions.

The idea was to create a clearer framework for managing Community Pool funds while directing excess reserves toward the Oracle Module.

No Funds Would Have Been Transferred Automatically

An important part of the proposal was that it did not directly transfer any funds.

The vote was a text only governance proposal. Even if it had passed, separate proposals would still have been required to authorize the actual LUNC and USTC transfers.

A later software upgrade vote would also have been required for any changes that needed to be implemented through blockchain code.

Therefore, approval of the reserve ceiling proposal alone would not have resulted in an immediate movement of Community Pool assets.

Community Rejects the Proposal

The proposal ultimately failed to receive enough support and was rejected by the Terra Classic community.

As a result, the proposed reserve ceilings of 7 billion LUNC and 60 million USTC are not established through this proposal.

The proposed framework for routing surplus Community Pool funds to the Oracle Module also does not take effect based on this vote.

What Happens Next?

Because the proposal was rejected, any future attempt to establish reserve ceilings or redirect excess Community Pool funds would require a new governance proposal.

If the community revisits the idea, a new proposal would need to define the reserve limits, the process for handling surplus funds, and any required technical changes.

For now, the rejected proposal does not change the existing Community Pool reserve policy or automatically transfer funds to the Oracle Module.

Conclusion

The LUNC and USTC Community Pool reserve ceiling proposal has been rejected by the Terra Classic community.

The proposal would have established reserve ceilings of 7 billion LUNC and 60 million USTC, with surplus funds intended to be routed to the Oracle Module. However, the proposal was only a governance framework and would not have transferred funds or changed the blockchain by itself.

Any future changes to Community Pool reserves or transfers to the Oracle Module will require separate governance proposals and, where necessary, additional technical upgrades.

Crypto Short Squeeze Sends $1.5 Billion Higher: Is LUNC Finally Turning Bullish?

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Adit 39
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Crypto Short Squeeze Sends $1.5 Billion Higher: Is LUNC Finally Turning Bullish?

The cryptocurrency market is showing renewed strength after a powerful rally triggered a massive wave of short liquidations.

Bitcoin climbed above $72,000 on August 20, reaching its highest level since June. The move was accompanied by more than $3 billion in crypto short liquidations over a 24 hour period, according to data reported by Decrypt.

The sharp move higher has also lifted major altcoins and increased optimism across the broader crypto market.

For Terra Classic, or LUNC, the question now is whether this market wide strength could mark the beginning of a more sustained bullish move.

LUNC Price Moves Above $0.00005

LUNC has also responded to the broader market recovery.

Recent market data shows LUNC trading around $0.000052, with the token gaining more than 6% over the past 24 hours. Its market capitalization is currently around $288 million.

The move is important because LUNC had been trading below the $0.00005 level during the recent period of market weakness.

Breaking back above this psychological level could improve market sentiment, particularly if LUNC can maintain the price instead of quickly falling back below it.

However, a single daily move does not confirm a long term trend reversal.

Why Short Liquidations Can Push Crypto Prices Higher

Short liquidation events can create a powerful feedback loop.

When traders open short positions, they profit if an asset falls. If the price instead rises sharply, leveraged short positions can be automatically closed by exchanges.

Closing those positions often requires buying the underlying asset.

When large numbers of short positions are liquidated at the same time, this forced buying can accelerate the upward movement. The process can trigger additional liquidations, creating what traders call a short squeeze.

Recent market data shows just how powerful this effect has become. More than $1 billion in Bitcoin short positions were liquidated within roughly an hour during the initial move higher, while total crypto short liquidations subsequently climbed above $3 billion.

This creates a favorable short term environment for altcoins such as LUNC.

Is LUNC Finally Bullish?

The answer is becoming more interesting, but it is still too early to call a confirmed bullish reversal.

There are several positive signals.

First, LUNC has recovered above $0.00005.

Second, trading activity has increased alongside the price move. CoinGecko currently reports LUNC trading volume in the tens of millions of dollars, with volume recently increasing significantly from the previous day.

Third, the broader cryptocurrency market has shifted from heavy selling pressure toward a strong recovery. Bitcoin’s move above $72,000 has created a much more supportive environment for smaller cryptocurrencies.

These factors suggest that LUNC could have more room to recover if Bitcoin and the broader market remain strong.

But there is an important distinction between a market rebound and a confirmed LUNC trend reversal.

The $0.00005 Level Could Become Important

For LUNC, maintaining the area above $0.00005 could be more important than the initial breakout itself.

If buyers continue defending this level during market pullbacks, it could become a new short term support zone.

A sustained move above the recent local highs would provide a stronger signal that buyers are taking control.

On the other hand, if LUNC quickly falls below $0.00005 and trading volume declines, the recent move could prove to be another temporary recovery driven primarily by the broader crypto market.

This means traders will likely be watching price structure, volume and Bitcoin’s direction closely.

LUNC Still Needs Its Own Catalysts

A broader crypto rally can lift LUNC, but sustained growth usually requires more than Bitcoin strength.

LUNC remains a highly speculative asset, and its long term outlook depends on continued ecosystem development, network activity, supply reduction and community driven initiatives.

The token also remains significantly smaller than major cryptocurrencies. That means relatively modest changes in market liquidity can produce larger percentage moves in either direction.

This can create opportunities during a strong market, but it also increases volatility and downside risk.

Could LUNC Continue Higher?

The current market environment is certainly more favorable for LUNC than it was during the recent bearish period.

Bitcoin’s move above $72,000, the large scale short squeeze and renewed strength across altcoins have created a stronger foundation for a potential LUNC recovery.

However, the key question is whether LUNC can continue attracting buyers after the initial short squeeze fades.

If LUNC holds above $0.00005, trading volume remains healthy and the broader crypto market continues moving higher, the bullish case could strengthen.

If the token loses that level and Bitcoin reverses lower, the recent gains could quickly disappear.

Final Thoughts

LUNC is showing some encouraging signs, but calling it fully bullish would still be premature.

The current rally is being supported by a powerful crypto wide move and billions of dollars in short liquidations. LUNC has responded by moving back above $0.00005 and posting a strong daily gain.

The next stage will be more important than the initial breakout.

If LUNC can turn $0.00005 into reliable support and continue building higher highs with stronger trading volume, the token could begin showing evidence of a more meaningful bullish reversal.

For now, the signal is promising, but confirmation is still needed.

Why Is LUNC Price Suddenly Rising? Bitcoin Rally and Trump’s Crypto Comments Drive Market Momentum

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Adit 39
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Why Is LUNC Price Suddenly Rising? Bitcoin Rally and Trump’s Crypto Comments Drive Market Momentum

Terra Classic (LUNC) is showing renewed upward momentum as the broader cryptocurrency market moves higher.

The latest move comes as Bitcoin experienced a strong rally following comments from US President Donald Trump that the United States is considering buying sizable amounts of Bitcoin and other cryptocurrencies.

The comments helped strengthen bullish sentiment across the crypto market, with Bitcoin climbing above $70,000 and several major altcoins posting significant gains. LUNC has also benefited from the broader market momentum.

Trump’s Comments Spark New Crypto Optimism

On August 19, President Trump said the United States is considering accumulating sizable amounts of Bitcoin and other cryptocurrencies.

Although the comments do not represent a confirmed new purchase program, the possibility of the US government increasing its cryptocurrency holdings was enough to attract renewed attention from investors.

For the crypto market, the statement carries significant weight because government accumulation could create additional demand for digital assets and reinforce the idea that cryptocurrency may become an increasingly important part of the US financial strategy.

Trump also continued to support broader cryptocurrency adoption and regulatory clarity during a White House meeting with major crypto industry executives.

Bitcoin Leads the Market Higher

Bitcoin remains the most important asset in the cryptocurrency market.

When Bitcoin moves sharply higher, investors often become more willing to take positions in other cryptocurrencies. This creates a flow of capital from Bitcoin into large altcoins and eventually into smaller assets.

On August 20, Bitcoin climbed above $70,000 for the first time since June. Reuters reported that Bitcoin rose 3.48% to approximately $71,505, while Ether also gained 2.46%.

Other market data showed Bitcoin trading near $69,737 with an approximately 8% gain over 24 hours, while several major altcoins also posted strong increases.

This broad market rally provides an important explanation for why LUNC is also moving higher.

LUNC Benefits From the Broader Market Rally

LUNC is a smaller cryptocurrency compared with Bitcoin and Ethereum, which means its price can be more sensitive to changes in overall market sentiment.

As Bitcoin moves higher and traders become more confident, some investors begin looking for cryptocurrencies that have greater potential for short term percentage gains.

That can increase demand for smaller assets such as LUNC.

Recent market data showed LUNC trading around $0.0000505 on August 20, with a 24 hour gain of more than 5% at the time of the report. The token also reclaimed the $0.000050 level and approached the $0.000051 resistance area.

Another market tracker showed LUNC around $0.000051 with a 7.05% 24 hour gain on August 20.

The Move Is Not Only About LUNC

It is important to understand that the latest LUNC price increase appears to be part of a much larger cryptocurrency market movement.

Bitcoin’s rally has been accompanied by strong gains across several major cryptocurrencies. Ethereum, XRP, Solana, HYPE and other assets have also recorded significant increases during the same period.

This suggests that the current LUNC move is primarily connected to improving market sentiment rather than a single LUNC specific event.

LUNC can still have its own catalysts, including network developments, supply reduction through burns and ecosystem activity. However, broader Bitcoin market direction remains an important factor for short term price movement.

Why Bitcoin Has Such a Strong Influence on LUNC

The relationship between Bitcoin and LUNC can be explained through overall market liquidity and investor sentiment.

When Bitcoin falls sharply, investors often reduce exposure to higher risk assets first. Smaller cryptocurrencies can therefore experience stronger selling pressure.

The opposite can happen during a market recovery.

When Bitcoin begins moving higher, traders may become more confident and start increasing exposure to altcoins. This can create additional demand for smaller cryptocurrencies, potentially producing larger percentage moves than Bitcoin itself.

For LUNC, this means a sustained Bitcoin rally could provide a more favorable environment for the token.

However, correlation does not guarantee that LUNC will continue rising if Bitcoin reverses.

Is the LUNC Rally Sustainable?

The recent price increase is positive for LUNC holders, but it is still too early to conclude that a long term uptrend has been confirmed.

LUNC recently traded below the $0.000050 level before recovering. Market data from August 19 showed a close around $0.0000486 after a 2.75% daily increase, while August 20 trading pushed the token back above $0.000050.

The next important question is whether LUNC can maintain momentum above the $0.000050 area and challenge the $0.000051 resistance zone.

Trading volume will also be important. A sustained increase in volume alongside higher prices would generally provide stronger confirmation that buyers are supporting the move.

What LUNC Investors Should Watch Next

There are several factors that could influence LUNC’s next move.

First, Bitcoin remains the most important factor. If Bitcoin continues to hold above $70,000 and maintains positive momentum, the broader cryptocurrency market could remain supportive.

Second, investors will be watching whether LUNC can establish support above $0.000050 and break through the $0.000051 area.

Third, LUNC specific developments remain important. Network upgrades, burn activity, staking and ecosystem development can influence long term sentiment around Terra Classic.

Finally, investors should remember that Trump’s comments about potential cryptocurrency purchases are not the same as a confirmed purchase. The market reaction reflects expectations and sentiment, while actual government buying would require further action and confirmation.

Conclusion

The sudden rise in LUNC price is largely connected to the broader cryptocurrency market rally.

President Trump’s comments that the United States is considering buying sizable amounts of Bitcoin and other cryptocurrencies helped strengthen investor optimism. Bitcoin subsequently moved above $70,000, while major altcoins also recorded strong gains.

LUNC benefited from this positive market environment, recovering above $0.000050 and gaining more than 5% over 24 hours in recent market data.

For LUNC, the key question now is whether this momentum can continue.

If Bitcoin remains strong and capital continues flowing into altcoins, LUNC could receive additional support. However, traders should closely monitor Bitcoin, trading volume and the $0.000050 to $0.000051 area before assuming that the latest move represents the beginning of a larger LUNC uptrend.

LUNC Price Rises Nearly 10% in Less Than 48 Hours

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Adit 39
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The price of Terra Classic ($LUNC) has recorded a notable recovery, gaining nearly 10% in less than 48 hours.

Based on the price movement, LUNC increased from $0.00004731 to $0.000052, representing a 9.91% gain.

The move marks a significant short term recovery for LUNC after the token traded around the $0.000047 level earlier in the period.

LUNC Moves Above $0.00005

One of the notable points in the latest price movement is LUNC returning above the $0.00005 level.

At the time of writing, market data shows LUNC trading around the $0.00005 area, with different exchanges reporting slightly different prices because cryptocurrency markets can vary between trading platforms.

The move above $0.00005 places the token at an important psychological price level and highlights the increase in short term buying activity.

Recent Market Activity

Current market data shows that LUNC has experienced increased trading activity alongside the recent price recovery. CoinGecko currently reports LUNC trading around $0.00005, with 24 hour trading volume above $16 million.

CoinMarketCap’s latest price analysis also reported LUNC gaining more than 4% over a 24 hour period on August 20, with the broader cryptocurrency market contributing to the recent upward movement.

The broader market remains an important factor because LUNC, like many other crypto assets, can experience increased volatility when overall market sentiment improves.

What the 9.91% Gain Means

A move from $0.00004731 to $0.000052 means that every $1,000 invested at the starting price would be worth approximately $1,099.10 at the ending price, before trading fees and other costs.

The calculation is:

($0.000052 − $0.00004731) ÷ $0.00004731 × 100 = 9.91%

While the move is significant over a short period, LUNC remains a highly volatile cryptocurrency. Short term price gains do not guarantee that the upward movement will continue.

LUNC Price Outlook

The latest recovery puts market attention back on the $0.00005 level. Maintaining prices above this area could become an important point for traders watching LUNC’s short term performance.

However, cryptocurrency prices can change rapidly, and price movements should be evaluated alongside trading volume, broader market conditions and support and resistance levels.

For now, the move from $0.00004731 to $0.000052 represents a 9.91% increase in less than 48 hours, making it one of the more notable short term LUNC price recoveries in recent trading.

Market prices can vary between exchanges. The figures in this article are based on the stated price movement and current market data available on August 20, 2026.

Is Terra Classic Proposal 12224 Could Strengthen the Oracle Pool as Reserves Decline

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Adit 39
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Terra Classic Proposal 12224 Could Strengthen the Oracle Pool as Reserves Decline

Terra Classic Proposal 12224 Explained

Terra Classic Proposal 12224, titled LUNC and USTC Community Pool Reserve Ceilings, introduces a policy designed to change how excess Community Pool funds could be managed.

The proposal would establish reserve ceilings of 7 billion LUNC and 60 million USTC. Any Community Pool balance above those ceilings could eventually be routed to the Oracle module.

Importantly, Proposal 12224 is a policy vote. It does not directly transfer funds, install new code, or automatically move assets. Separate governance proposals would still be required to authorize the actual LUNC and USTC transfers, while a later software upgrade would be needed for any future automated implementation.

The proposal comes at an important time because the Oracle Pool has continued to decline.

According to the figures provided, the Oracle Pool currently holds approximately 38.43 billion LUNC and 121.79 million USTC.

This creates an important economic question for Terra Classic: should excess Community Pool reserves remain idle, or should part of those reserves be redirected toward strengthening the Oracle Pool?

Why the Oracle Pool Matters

The Oracle Pool is an important part of the Terra Classic economic system because it provides rewards associated with oracle activity and helps support the infrastructure responsible for price data.

A declining Oracle Pool can become an economic concern if the pool continues to lose resources without sufficient replenishment.

The issue is not simply the current balance.

The more important question is whether the current balance is sustainable relative to future demand.

If the Oracle Pool continues decreasing, its ability to support oracle rewards could become increasingly constrained. Lower rewards can reduce the economic incentive for validators and delegators to participate in oracle related activity, depending on how the system evolves.

This makes the relationship between the Community Pool and Oracle Pool increasingly important.

Proposal 12224 Creates a Reserve Ceiling for the Community Pool

One of the strongest aspects of Proposal 12224 is that it does not attempt to empty the Community Pool.

Instead, it establishes a ceiling.

The proposed limits are:

7 billion LUNC

60 million USTC

This means the Community Pool would retain a defined reserve that could continue to be used for ecosystem development, governance related needs, emergencies, and other approved purposes.

Only the amount above those ceilings would become eligible for consideration for the Oracle Pool.

From an economic perspective, this is more conservative than simply transferring a large percentage of the Community Pool to the Oracle Pool.

The policy creates a balance between two competing objectives.

The first objective is maintaining enough Community Pool liquidity for future development.

The second objective is preventing excess capital from sitting in one pool while another strategically important pool continues to decline.

Why This Could Be Good for LUNC

The strongest argument in favor of Proposal 12224 is capital efficiency.

If the Community Pool accumulates significantly more assets than the ecosystem reasonably needs for its reserve, those excess assets have an opportunity cost.

Capital sitting unused does not necessarily strengthen the network.

Redirecting a portion of excess reserves toward the Oracle Pool could instead support an active component of the Terra Classic economic system.

In simple terms, the proposal attempts to move capital from a potentially underutilized reserve into an area facing declining resources.

That does not automatically create value, but it can improve how existing ecosystem resources are allocated.

For LUNC specifically, maintaining a healthier Oracle Pool could also help preserve the economic incentives surrounding oracle participation.

This is particularly relevant because Terra Classic is attempting to maintain and improve its broader economic infrastructure while dealing with a very large token supply.

The USTC Side Is Also Important

The proposal is not limited to LUNC.

It also establishes a 60 million USTC Community Pool ceiling.

The current Oracle Pool balance of approximately 121.79 million USTC means that the Oracle Pool still has a larger USTC reserve than its LUNC reserve when measured against the proposed Community Pool ceiling.

However, the direction of the balance is important.

If the Oracle Pool continues to decline, the ecosystem could eventually face a situation where its available resources become increasingly limited.

A defined Community Pool ceiling could therefore provide a mechanism for replenishment without requiring the community to repeatedly debate the basic principle of whether excess reserves should be available for the Oracle Pool.

The Key Difference Between a Ceiling and an Automatic Transfer

It is important not to misunderstand Proposal 12224.

Passing the proposal does not mean that 1.47 billion LUNC or any specific amount of USTC will immediately move to the Oracle Pool.

The proposal establishes a policy.

Actual transfers would require separate governance approval.

This is an important safeguard because the Community Pool balance can change between the policy vote and any future transfer proposal.

It also allows the community to evaluate the financial situation before approving each transfer.

For example, if the Community Pool contains assets above the proposed ceiling, governance could later determine exactly how much should be transferred, when the transfer should happen, and whether the reserve ceiling remains appropriate.

The Current Numbers Make the Proposal More Relevant

The current Oracle Pool figures make the proposal particularly interesting.

The Oracle Pool currently holds approximately:

38,426,770,640 LUNC

121,787,097 USTC

The LUNC balance is especially important because the pool has declined substantially from much higher historical levels.

A continued decline creates a sustainability question.

If the ecosystem continues consuming Oracle Pool resources without establishing a reliable replenishment mechanism, the pool could eventually become too small to provide the same level of economic support.

Proposal 12224 attempts to address that structural issue rather than treating each decline as an isolated event.

The Economic Case for Supporting the Proposal

From an economic perspective, Proposal 12224 has a reasonable foundation.

The proposal creates three potentially positive effects.

First, it establishes a clear reserve policy.

The Community Pool would have a defined amount that remains available instead of allowing the balance to grow indefinitely without a clear upper target.

Second, it creates a potential replenishment mechanism for the Oracle Pool.

This becomes increasingly valuable if the Oracle Pool continues declining.

Third, it improves capital allocation.

Rather than allowing excess reserves to remain concentrated in one pool, excess resources could eventually be redirected toward infrastructure that has a direct role in the network economy.

The proposal therefore makes sense as a treasury management policy.

It is not necessarily a direct price catalyst for LUNC.

Its potential value is more fundamental because it addresses how Terra Classic manages existing resources.

There Are Still Risks

Supporting the proposal does not mean there are no risks.

The first concern is whether 7 billion LUNC and 60 million USTC are appropriate Community Pool reserve levels.

A reserve that is too large would limit the amount available for the Oracle Pool.

A reserve that is too small could leave the Community Pool without enough capital for unexpected development costs, emergency requirements, or major ecosystem initiatives.

The second concern is the future spending requirements of the Community Pool.

Terra Classic may require significant resources for development and infrastructure. Moving excess assets to the Oracle Pool reduces the amount of immediately available treasury capital.

The third concern is the sustainability of the Oracle Pool itself.

Adding funds to a declining pool can provide additional runway, but it does not necessarily solve the underlying reason for the decline.

A long term solution should ideally address both sides of the equation.

The ecosystem needs to consider how the Oracle Pool generates or consumes resources and whether its reward structure remains economically sustainable.

The Bigger Economic Question

The most important question is not whether the Community Pool should send money to the Oracle Pool.

The bigger question is whether Terra Classic has an efficient system for managing its economic reserves.

If one treasury grows while another critical infrastructure pool steadily declines, a permanent mechanism for reallocating excess capital can make economic sense.

However, that mechanism should remain flexible.

The 7 billion LUNC and 60 million USTC ceilings should not necessarily be treated as permanent numbers.

Governance could review these limits as the ecosystem changes.

If development requirements increase, the reserve ceiling could be reconsidered.

If the Oracle Pool becomes healthier through other revenue sources, the need for transfers could decrease.

This flexibility is important because blockchain economies are dynamic.

Is Proposal 12224 a Good Thing?

Overall, Proposal 12224 appears economically reasonable, especially while the Oracle Pool continues to decline.

The strongest argument is that it creates a controlled mechanism for moving surplus Community Pool resources toward an increasingly important economic pool.

The proposal does not eliminate the Community Pool.

It does not immediately transfer funds.

It does not force the ecosystem to spend its reserves.

Instead, it establishes a ceiling and gives governance a framework for deciding what should happen with resources above that level.

That makes the proposal relatively conservative.

The main condition is that the reserve ceilings must be reviewed carefully over time.

If the Community Pool has sufficient reserves above 7 billion LUNC and 60 million USTC, directing genuine surplus toward the Oracle Pool could improve capital efficiency and extend the Oracle Pool’s economic runway.

If the Oracle Pool continues to decline, having a predefined mechanism for replenishment could become increasingly important.

What Could Happen Next?

If Proposal 12224 passes, the process is not finished.

Separate proposals would still be required to authorize actual transfers of surplus LUNC and USTC.

A later software upgrade would also be required if the community wants to automate the mechanism at the protocol level.

This separation is important because it allows governance to evaluate the actual treasury situation before every transfer.

For Terra Classic, the ideal outcome would be a system where the Community Pool maintains a healthy strategic reserve while genuinely excess resources can strengthen the Oracle Pool when necessary.

Final Assessment

Proposal 12224 should be viewed primarily as a treasury management and economic sustainability proposal, rather than a direct LUNC price proposal.

With the Oracle Pool currently holding approximately 38.43 billion LUNC and 121.79 million USTC, continued depletion deserves attention.

A Community Pool ceiling of 7 billion LUNC and 60 million USTC could provide a reasonable balance between maintaining treasury security and preventing excess capital from remaining idle.

The proposal is therefore potentially beneficial for Terra Classic, provided that future transfers are carefully sized and the reserve ceilings are periodically reviewed.

The most important point is that transferring surplus funds to the Oracle Pool should complement, rather than replace, efforts to create a sustainable long term economic model for the Oracle system.

If the Oracle Pool keeps declining, Proposal 12224 could become an increasingly important part of Terra Classic’s treasury strategy.

Binance Restores LUNC Deposits and Withdrawals

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Adit 39
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Binance Restores LUNC Deposits and Withdrawals on Terra Classic

Binance has restored deposits and withdrawals for Terra Classic’s LUNC token on the Terra Classic network, allowing users to move LUNC through the blockchain once again.

The restoration provides renewed access for users who want to deposit or withdraw LUNC using the Terra Classic network. Binance currently supports deposits with one block confirmation, while incoming transactions are expected to arrive in approximately one minute under normal network conditions.

The exchange also maintains a minimum deposit requirement of more than 13 LUNC.

Restored Network Access Supports LUNC Activity

The return of LUNC deposits and withdrawals on Terra Classic is important for maintaining access to the network and supporting continued activity around the token.

LUNC transactions on the Terra Classic network are subject to a 1.5 percent on chain transaction tax. A portion of this activity contributes to the ongoing reduction of the LUNC supply through burns.

With the total LUNC supply remaining near 6.45 trillion tokens, supply reduction remains an important focus for the Terra Classic community.

LUNC Burns Continue to Reduce Supply

LUNC burns continue to remove tokens from circulation as users and projects participate in activities that contribute to the burn mechanism.

However, the scale of the remaining supply means that sustained activity will be required for burns to have a meaningful long term impact.

The relationship between network activity and supply reduction remains a central part of the broader LUNC recovery narrative. Increased transaction activity can generate more tax revenue, which can contribute to additional token burns over time.

Staking Ratio Remains Around 14 Percent

Alongside the ongoing burn effort, LUNC staking remains another important part of the Terra Classic ecosystem.

Around 14 percent of the LUNC supply is currently staked. Staking reduces the amount of tokens immediately available for trading while allowing holders to participate in network security and earn staking rewards.

The combination of staking and token burns continues to support efforts to reduce the effective circulating supply over the long term.

Long Term Supply Reduction Remains the Key Focus

The restoration of LUNC deposits and withdrawals by Binance provides users with renewed access to the Terra Classic network. It also comes as the community continues to focus on reducing the large token supply through burns, staking and broader network activity.

While these developments can support the ecosystem, supply reduction is a long term process. With trillions of LUNC still in existence, sustained network usage and consistent burn activity will be necessary for the impact to become increasingly significant.

For the Terra Classic community, the latest Binance update represents another step in maintaining accessibility to the network while the ecosystem continues its broader efforts toward supply reduction and long term recovery.

Terra Classic Community Burns More Than 455 Billion LUNC

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Adit 39
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Terra Classic Community Burns More Than 455 Billion LUNC

The Terra Classic community has now burned more than 455.27 billion LUNC, marking another major milestone in the network’s ongoing effort to reduce the token supply.

The latest burn activity continues to come from multiple sources, including daily on chain transactions, transaction taxes, exchange supported burn programs, and community initiatives.

LUNC Burn Activity Continues

According to the latest figures, approximately 52 million LUNC were burned in the latest daily activity, while the total amount burned over the past seven days reached around 497 million LUNC.

These burns are part of a broader long term effort by the Terra Classic community to reduce the circulating supply of LUNC. Every qualifying transaction contributes to the network’s burn mechanism, creating a steady source of supply reduction.

Binance’s monthly LUNC burn program also remains an important contributor to the overall burn total. In addition, exchange initiatives such as the upcoming WEEX burn campaign are adding further support to the community’s supply reduction efforts.

More Than One Million Active Wallets

Terra Classic continues to maintain a large user base, with more than 1 million active wallets connected to the network.

The network includes approximately 675,000 LUNC holders and around 151,000 stakers, highlighting continued participation from users who hold and stake their tokens.

Staking also plays an important role in the Terra Classic ecosystem by encouraging users to keep their LUNC within the network while supporting network security and validator operations.

Network Upgrades Support Long Term Development

Alongside the ongoing burn activity, Terra Classic continues to develop its underlying technology.

The Terra Classic version 3.5.0 upgrade introduced additional improvements, including no mint functionality. Network upgrades such as these are designed to improve the protocol and support the long term development of the blockchain.

The combination of supply reduction, staking participation, governance activity, and protocol development remains a key part of the Terra Classic community’s broader recovery efforts.

LUNC Market Activity

At the time of writing, LUNC is trading at approximately $0.0000478, with a market capitalization estimated between $263 million and $265 million.

Daily trading volume remains around $9 million to $10 million, showing continued market activity despite the relatively low token price.

While burns alone do not determine the future price of LUNC, supporters view a sustained reduction in supply as an important part of the network’s long term strategy.

The Long Term LUNC Burn Strategy

The Terra Classic burn effort has developed into a combination of community activity, transaction based burns, exchange programs, and protocol level mechanisms.

With more than 455.27 billion LUNC burned, the community has already reached a significant milestone. Continued participation from holders, traders, validators, exchanges, and other ecosystem participants could keep the burn mechanism active over the long term.

For Terra Classic supporters, each additional LUNC burned represents another step toward reducing the overall supply while the network continues to develop its technology and ecosystem.

Luna Classic Staking Ratio Shows Early Signs of Recovery as 908.68 Billion LUNC Is Staked

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Adit 39
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The Luna Classic staking ratio is beginning to show signs of improvement, with more LUNC now being locked through staking.

As of August 18, approximately 908,681,271,185 LUNC is staked on the Terra Classic network. This represents a staking ratio of 14.08% of the total LUNC supply.

The latest figure marks a modest increase from August 7, when the Luna Classic staking ratio stood at approximately 14.03%.

Around 3 Billion LUNC Added to Staking

Since August 7, the amount of staked LUNC has increased by roughly 3 billion LUNC, while the staking ratio has climbed by about 0.05 percentage points.

Although the increase is relatively small, it indicates that some LUNC holders are choosing to lock their tokens through staking rather than keeping them available for immediate trading.

Staking removes tokens from the active market supply for the duration they remain bonded. This can reduce the amount of LUNC readily available for trading while allowing holders to earn staking rewards.

Why the Staking Ratio Matters

The staking ratio is an important metric for the Terra Classic ecosystem because it shows how much of the LUNC supply is committed to network staking.

A higher staking ratio can indicate stronger participation from the community and greater commitment to network security.

For LUNC holders, staking also provides an opportunity to earn rewards while contributing to the operation and security of the Terra Classic blockchain.

However, staking should not be viewed as a direct indicator of future price performance. The LUNC price continues to depend on broader market conditions, demand, ecosystem development, token supply changes, and overall activity across the Terra Classic network.

LUNC Staking Participation Remains Below Recent Levels

Despite the latest increase, the current staking ratio remains relatively modest compared with the overall LUNC supply.

With 14.08% of LUNC currently staked, more than 85% of the supply remains outside staking.

The recent increase could become more significant if the trend continues over the coming weeks. Sustained growth in the staking ratio would indicate that more holders are committing their LUNC to the network.

What Comes Next for LUNC Staking?

The next few weeks will be important for determining whether the recent increase represents the beginning of a broader recovery in LUNC staking participation or simply a short term fluctuation.

For now, the latest data shows a gradual increase in both the number of staked LUNC and the overall staking ratio.

With 908.68 billion LUNC now staked and the staking ratio reaching 14.08%, Luna Classic staking participation is showing a small but positive move from the levels recorded earlier in August.

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