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Classic DEX Development Proposal on Voting Stage

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Classic DEX Development Proposal Enters Voting Stage on Terra Classic

A proposal to develop Classic DEX on the Terra Classic blockchain has officially entered the governance voting stage. If approved by the community, Boosty Labs will be responsible for building and delivering the decentralized exchange according to the outlined specifications.

Classic DEX is designed as a community owned decentralized exchange built directly on Terra Classic, with the primary goal of generating real trading activity while permanently reducing the supply of LUNC and USTC through an on chain burn mechanism.

What Is Classic DEX

Classic DEX is a non KYC decentralized exchange that supports both spot trading and perpetual futures. The platform is built natively on Terra Classic and settles all trades using native LUNC or USTC rather than wrapped or external assets.

Once launched, full operational control of Classic DEX will be transferred to the Terra Classic community through Agora governance. There are no private owners, no token pre mines, and no exclusive profit sharing arrangements.

Core Objective

The core objective of Classic DEX is to create a sustainable and self reinforcing economic model for the Terra Classic ecosystem.

  • Increased trading activity generates higher fee revenue
  • Trading fees are used to burn LUNC and USTC
  • Reduced supply supports long term ecosystem value
  • Improved incentives encourage continued trading activity

This approach focuses on utility and volume driven growth rather than inflation or new token emissions.

Key Features Explained

Multi Chain Liquidity With Native Settlement

Classic DEX aggregates liquidity from major blockchain ecosystems including Ethereum, BSC, Polygon, and Solana through integrations with 1inch and Jupiter. Although liquidity is sourced externally, all trades are settled back into native LUNC or USTC on the Terra Classic blockchain.

Spot and Perpetual Trading

The platform supports both traditional spot trading and leveraged perpetual futures. Integrated systems handle funding rates, margin requirements, and automatic liquidations, providing functionality similar to professional trading platforms.

Dual Burn Engine Fee Model

Trading fees are distributed evenly across four predefined allocations.

  • Twenty five percent is used to buy and burn LUNC
  • Twenty five percent is used to buy and burn USTC
  • Twenty five percent rewards liquidity providers
  • Twenty five percent funds trader incentives and referrals

All burns are permanent and fully verifiable on chain.

LUNC and USTC Only Collateral

Only LUNC and USTC can be used as collateral on Classic DEX. This design ensures that trading activity directly supports the Terra Classic ecosystem and avoids value dilution from external assets.

Incentives and Reward Mechanisms

Trader Cashback System

Traders receive cashback rewards based on how they utilize LUNC or USTC on the platform. Higher incentives are provided for USTC usage, with additional rewards available for users who lock USTC for defined periods.

No new tokens are minted. All rewards are sourced exclusively from trading fees.

USTC Parking Modes

  • Flexible mode with a short withdrawal delay and lower rewards
  • Twenty one day locked mode offering the highest reward rate

Referral Program

Users who refer new traders earn ten percent of their referral’s trading fees. Additional bonuses apply when referred users lock USTC for the longer parking period.

Liquidity and Price Quality

Classic DEX uses an advanced liquidity routing system that evaluates multiple sources before executing a trade.

  • Native order books
  • Liquidity pools
  • Professional market makers
  • 1inch for EVM based chains
  • Jupiter for Solana

The system automatically selects the best available price, applies slippage protection, and ensures all settlements remain in LUNC or USTC.

Technology Overview

Classic DEX is built using Cosmos SDK and Tendermint, with backend development in Go and supporting smart contracts in CosmWasm. The frontend is developed with React and integrates TradingView charts.

Wallet support includes Keplr and Leap. Infrastructure deployment utilizes Docker, Kubernetes, and Terraform, supported by a full monitoring and analytics stack.

Governance and Transparency

The proposal specifies no team pre mines and no hidden profit mechanisms. All source code is open source, and full ownership of the platform is intended to be transferred to the community.

Governance decisions are managed through Agora, with regular public development updates throughout the build process.

Development Timeline

The proposed development timeline is six months.

  • Core DEX and spot trading functionality
  • Fee distribution and burn engine implementation
  • Perpetual futures and liquidation systems
  • Frontend trading interface
  • Multi chain liquidity integrations
  • Final testing and mainnet launch

Development Team

If the proposal is approved, Boosty Labs will be responsible for building Classic DEX. The team consists of senior Cosmos SDK engineers, frontend and UX designers, DevOps and QA specialists, and experienced project management personnel.

Budget Summary

The total proposed budget is two hundred thirty five thousand dollars, paid entirely in LUNC. The LUNC amount is calculated using fair market pricing, with transparent adjustments if significant price movements occur.

Post launch maintenance is expected to be funded through DEX trading fees rather than additional community funding.

Summary

Classic DEX is designed to be community controlled, fee driven rather than inflation based, and focused on permanently reducing the supply of LUNC and USTC. If approved by governance, the project aims to transform trading activity into long term value for the Terra Classic ecosystem.

LUNC Price Tests Key Support as Market Awaits Direction

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LUNC Price Tests Key Support on the 4 Hour Chart as Market Awaits Direction

Luna Classic is currently trading at an important technical level on the 4 hour timeframe. Price action shows that LUNC has entered a consolidation phase after failing to continue its previous bullish momentum. At this stage, the market is not in a strong trend and is instead moving within a defined range.

Market Structure Overview

On the 4-hour timeframe, LUNC is currently moving in a range-bound market.

This means price is not trending strongly upward or downward but is instead moving between clearly defined support and resistance zones. For beginners, this type of market indicates that buyers and sellers are in balance, and price is waiting for confirmation before choosing a direction.

After reaching a recent local high, selling pressure increased and pushed price lower. However, the decline has been controlled rather than aggressive, suggesting the absence of panic selling. This behavior often appears when the market is waiting for a new catalyst.

Key Support Zone

The most important level to watch is the support area between 0.0000410 and 0.0000420. This zone has acted as a strong technical floor, with price reacting to it multiple times in the past.

Recent candles near this area show smaller bodies, which typically signals that selling pressure is weakening. If buyers continue to defend this zone, a short term bounce becomes possible.

Key Resistance Zones

Above the current price, two resistance areas stand out clearly.

The first resistance zone is located around 0.0000445 to 0.0000450. This level has previously limited upward movement.

The major resistance zone sits between 0.0000470 and 0.0000480. This area represents strong historical selling pressure and would require strong momentum and volume to break.

Possible Price Scenarios

If the support zone holds, LUNC may attempt a recovery move toward the first resistance level. Confirmation would come from strong bullish candles closing above support.

If the support fails and price closes decisively below the support zone, further downside becomes more likely. In this scenario, patience is required while the market forms a new base.

Trading Perspective

From a professional trading perspective, this is not a market for chasing price. Range-bound conditions favor traders who wait for clear reactions at support or resistance.

Risk management remains critical, as false breakouts are common in sideways markets.

Conclusion

LUNC is currently at a decision point on the 4 hour chart. The next major move will depend on whether buyers can successfully defend the current support zone or if sellers regain control.

Staying disciplined and waiting for confirmation remains the most effective approach in the current market structure.

Luna Classic Enters Consolidation as Bitcoin Dominance Pressures Altcoins

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On the four hour timeframe, Luna Classic is currently moving within a sideways range following a strong price movement earlier this month. This type of price action is known as consolidation. It means buyers and sellers are temporarily balanced, and the market is waiting for a clear direction.

Over the last twenty four hours, LUNC has dropped by more than two percent, even as Bitcoin briefly surged to around ninety six thousand dollars. For beginners, this situation can be confusing, but it is a very common market behavior.

When Bitcoin rises sharply, it often absorbs most of the available liquidity in the crypto market. As capital flows into Bitcoin, many altcoins weaken or move sideways. Luna Classic is currently experiencing this effect, as Bitcoin dominance increases and altcoin momentum slows.

Key Levels on the Chart

Resistance zones are areas where price has previously failed to move higher and selling pressure becomes strong.

The upper resistance is located around 0.0000470 to 0.0000480. A secondary resistance level sits near 0.0000450.

Each time LUNC approaches these zones, sellers enter the market and push price lower. This behavior shows that buyers are not yet strong enough to sustain a breakout at higher levels.

The main support zone is located near 0.0000415 to 0.0000420. This area represents a level where buyers have consistently defended price.

So far, this support is holding. As long as LUNC remains above this range, a deeper decline is not confirmed.

Current Market Structure

At present, LUNC is forming lower highs while maintaining the same support level. This pattern signals weak momentum rather than a strong uptrend.

Buyers are cautious and hesitant to push price higher. Sellers remain active near resistance levels. The broader market is waiting for clearer direction from Bitcoin.

This price behavior confirms that Luna Classic is in a consolidation phase rather than a breakout phase.

What Beginners Should Understand

LUNC is not experiencing a crash, but it also lacks the strength needed for a sustained rally. A rising Bitcoin price does not always mean altcoins will move higher at the same time.

Altcoins often react later, after Bitcoin stabilizes or cools down. Sideways markets are normal and require patience and discipline.

Simple Scenarios Ahead

In a bullish scenario, a strong break and close above 0.0000450 could open the door for a retest of the higher resistance zone between 0.0000470 and 0.0000480.

In a bearish scenario, a breakdown below the 0.0000415 support level would indicate that sellers are gaining control and could push price lower.

Conclusion

Luna Classic is currently range bound and underperforming Bitcoin, a pattern commonly seen during periods of rising Bitcoin dominance. This is a waiting phase rather than a chasing phase.

For beginners, the key lesson is clear. Do not force trades in sideways markets. Allow price to confirm direction before taking action. Patience is not just a mindset, it is a trading skill.

Luna Classic Staking Ratio Drops 0.8% Since January 1 Until Today

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Luna Classic Staking Ratio Declines in Early January

The Luna Classic network has recorded a noticeable decline in its staking metrics during the first half of January. Data shows that the total amount of staked LUNC has decreased by approximately 0.8 percent since the start of the month.

On January 1, the total staked supply stood at 982.95 billion LUNC. As of today, the staked amount has fallen to 975.17 billion LUNC. This represents a reduction of around 7.78 billion LUNC removed from staking over this period.

Understanding the Staking Drop

A decline in staked supply typically indicates that some holders have chosen to unstake their tokens. This can happen for several reasons, including profit taking, short term trading opportunities, or shifting capital to other on chain activities.

Despite the decrease, the staking ratio remains above 15 percent, which still reflects strong participation from the Luna Classic community. The network continues to maintain a large portion of its circulating supply locked in staking.

Impact on the Luna Classic Network

Staking plays a crucial role in securing the Luna Classic blockchain and supporting validator operations. A short term decline of 0.8 percent does not pose a direct risk to network stability, but it is an important metric to monitor.

If staking levels continue to decline over a longer period, it could signal reduced confidence or changing market behavior. On the other hand, a stabilization or recovery in staked supply would suggest renewed long term commitment from holders.

What Comes Next

The current staking data highlights the importance of on chain activity and network incentives. Future changes in trading volume, governance proposals, and ecosystem development may influence whether staked LUNC increases or continues to decline.

For now, the Luna Classic network remains actively supported by its community, even as short term staking fluctuations reflect broader market dynamics.

Luna Classic Burn Rate Slows

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Luna Classic Burn Rate Slows as Daily LUNC Burns Drop Below 50 Million per Day in Last 6 Days

The Luna Classic network has recorded a noticeable slowdown in its burn rate during January, raising concerns among community members who closely track LUNC supply reduction.

Over the past six days, daily LUNC burns have consistently failed to surpass 50 million tokens. This marks a significant decline compared to earlier periods when higher trading activity and large burn events contributed to stronger daily reductions.

The situation worsened on January 13, when the network recorded its weakest daily burn of the month. In a full 24 hour period, only 18.7 million LUNC tokens were burned. This figure stands out as the lowest daily burn recorded so far in January.

While the total monthly burn remains substantial due to a massive burn on January 1 by Binance, recent data shows that ongoing daily burn performance is heavily dependent on sustained on chain activity rather than isolated large transactions.

Lower daily burn numbers generally indicate reduced transaction volume across the network. This does not signal the end of the burn mechanism, but it does highlight the importance of increasing real usage, trading activity, and ecosystem participation to restore stronger burn momentum.

Daily LUNC Burn Breakdown

Month Date LUNC Burned
January 1 5,367,757,097
January 2 36,700,121
January 3 194,515,792
January 4 59,068,461
January 5 22,184,507
January 6 55,976,794
January 7 58,298,205
January 8 85,060,487
January 9 22,167,180
January 10 22,949,053
January 11 34,617,148
January 12 33,911,987
January 13 18,745,561
January 14 35,139,054
Total 6,047,091,447

What This Means for Luna Classic

The data clearly shows that while large one time burns can significantly boost total figures, long term supply reduction depends on consistent daily activity. Without higher on chain volume, daily burns are likely to remain low.

For the Luna Classic ecosystem, improving utility, increasing transactions, and encouraging broader participation remain key factors in accelerating future LUNC burns and supporting long term network sustainability.

Luna Classic Price Rises as Bitcoin Rally Lifts the Market

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Luna Classic 4 Hour Chart Analysis Explained Simply

Big Picture Overview

Luna Classic has gained more than 3 percent in the last 24 hours. This price increase did not happen in isolation. Bitcoin surged to around 95,000, which boosted overall market confidence and pushed capital into altcoins, including LUNC.

When Bitcoin moves strongly, altcoins often react in the same direction. The current LUNC price action is technically healthy and follows a clear bounce from support.

Understanding the Key Levels on the Chart

Strong Support and Resistance Zones

The chart highlights several important price zones where LUNC previously reacted.

The lower blue zone represents strong support. Price moved down into this area, buyers entered the market, and LUNC bounced higher. This shows strong buying interest.

The middle blue zone acts as near term resistance. Price was rejected here before, which means sellers may appear again if price revisits this level.

The top blue zone is major resistance. If price reaches this area, selling pressure is likely unless there is a strong increase in trading volume.

Short Term Bullish Momentum

The yellow highlighted area shows a short term bullish move.

After touching support, buyers stepped in and pushed price higher. Candles began forming higher levels, signaling a shift in short term momentum from bearish to bullish.

This move should be viewed as a relief rally rather than a confirmed long term trend reversal.

Market Structure Explained for Beginners

At the moment, LUNC remains inside a broader price range.

  • Price is forming higher lows, which is a positive sign
  • LUNC is still trading below major resistance levels

In simple terms, buyers are active, but sellers have not fully lost control yet.

Why Bitcoin Is Driving This Move

Bitcoin’s move to 95,000 played a key role in this rally.

  • It increased confidence across the crypto market
  • It triggered algorithmic and momentum based buying
  • It created short term upside pressure on altcoins

If Bitcoin holds above its breakout zone, LUNC has room to continue higher. If Bitcoin pulls back sharply, LUNC will likely follow with a correction.

Possible Scenarios Going Forward

Bullish Scenario

  • LUNC holds above the lower support zone
  • Price breaks and closes above the near resistance area
  • Momentum builds toward the upper resistance zone

Bearish Scenario

  • Price fails to break resistance
  • Selling pressure increases
  • LUNC retests the support zone again

Both outcomes are normal market behavior and should not be viewed as panic signals.

Key Guidance for New Traders

  • Avoid chasing price after strong green candles
  • Focus on support and resistance instead of emotions
  • Always pay attention to Bitcoin’s direction
  • Range bound markets reward patience and discipline

Final Market Insight

The current move in Luna Classic is healthy and technically sound. Price is responding well to broader market strength, but real confirmation only comes after a clean break above resistance with strong volume.

Smart trading is about structure and timing, not speed.

Only 18M LUNC Burned in One Day? A Reality Check on Influencer Claims

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On January 13, the Luna Classic network recorded one of its weakest burn performances of the month.


In a full 24 hour period, only 18 million LUNC tokens were burned. This figure marks the lowest daily burn recorded so far in January and raises serious concerns for the community.

What makes this situation more concerning is timing. This low burn did not occur on a weekend when market activity is usually slower. It happened on a weekday, when the crypto market is typically active and transaction volume is expected to be higher.

The reason behind this sharp decline is not complex. The LUNC burn mechanism is directly tied to on chain transaction volume. Every on chain transaction includes a burn tax. When activity on the blockchain slows down, the burn rate naturally declines.

On January 13, on chain volume was extremely low. As a result, the burn generated from network activity fell to just 18 million LUNC. This is not a failure of the burn mechanism itself. It is a clear signal that the network is not being used enough.

For the LUNC community to fully understand the burn process, one principle must be clear. Burns do not come from hope or external promises. They come from real usage of the blockchain.

Applications, smart contracts, decentralized finance platforms, and payment flows on layer one and layer two all contribute to on chain volume. When builders create tools that people actually use, transactions increase. When transactions increase, burns follow.

Without on chain usage, burn numbers will remain weak regardless of market sentiment.

This low burn day should serve as a wake up call. For a long time, parts of the community have been influenced by voices that do not fully understand how blockchain economics work. Some influencers continue to dismiss layer two builders while promoting unrealistic expectations such as massive external burns removing most of the supply overnight.

Wallet screenshots and speculative narratives do not improve the network. They do not increase transactions. They do not burn tokens.

The community benefits most from following contributors who understand blockchain mechanics and actively work to increase real LUNC usage.

If the goal is long term success for Luna Classic, the focus must shift toward education and participation. Understanding how the LUNC blockchain functions is essential. Supporting builders who increase on chain activity is far more valuable than chasing unrealistic burn fantasies.

The January 13 burn data is not just a number. It is a reminder that real progress comes from real usage. If the community wants stronger burns, the path forward is clear. Build more. Use the chain more. Learn how the system truly works.

Over 6 Billion LUNC Burned in 2 Weeks as Terra Classic Supply Continues to Shrink

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The Terra Classic network has recorded a significant milestone, with more than 6 billion LUNC tokens burned over the last two weeks. This reduction in circulating supply highlights the continued impact of the burn mechanism, even during periods of mixed network activity.

Based on on chain data from early January, LUNC burns were driven by a combination of large one time events and consistent daily transactions. The most notable spike occurred on January 1, when over 5.3 billion LUNC were burned in a single day. This single event contributed the majority of the total burn volume during the period.

Following that initial surge, daily burn figures stabilized at lower but steady levels. While most days recorded burns in the tens of millions, the cumulative effect still pushed the total beyond 6 billion LUNC within just thirteen days.

Daily LUNC Burn Recap

Month Date LUNC Burned
January 1 5,367,757,097
January 2 36,700,121
January 3 194,515,792
January 4 59,068,461
January 5 22,184,507
January 6 55,976,794
January 7 58,298,205
January 8 85,060,487
January 9 22,167,180
January 10 22,949,053
January 11 34,617,148
January 12 33,911,987
January 13 18,745,561
Total 6,011,952,393

What This Means for Terra Classic

The data shows that large scale burns can still occur, significantly accelerating supply reduction in short timeframes. At the same time, the lower daily figures seen after January 1 suggest that regular burn rates remain closely tied to transaction volume and overall network usage.

While daily burns alone may not appear dramatic, consistent on chain activity combined with occasional high impact burn events continues to play a key role in Terra Classic long term deflation strategy.

As the ecosystem evolves, sustained usage, higher on chain volume, and additional burn initiatives will remain critical factors in maintaining momentum and supporting long term supply reduction.

Arguments on the New Website Proposal From terra-classic.money Creator Dawid Skinder

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The Terra Classic community is currently voting on a proposal to designate terra-classic.io as the official website while discontinuing the use of terra-classic.money. As the proposal progresses through governance, discussions within the community have intensified, evolving from routine feedback into a broader debate about decentralization, transparency, and long term strategy.

As a neutral Luna Classic news source, it is important to present perspectives from all sides to help community members make informed decisions. This article outlines key arguments raised by Dawid, the creator of terra-classic.money, which has been used as a primary landing page for Terra Classic.

Below is Dawid’s perspective, structured into clear numbered points to support easier review by community voters.

1. Centralization and single point of failure risks

1.1 Domain custody and ultimate control

Dawid argues that terra-classic.io is structurally centralized because domain ownership represents ultimate control over where users are routed. Control at the domain level creates a single point of failure for an ecosystem critical entry point.

1.2 Concentration of ecosystem influence

According to publicly observable information, the domain owner is also involved across multiple high impact areas within the Terra Classic ecosystem, including:

  • Significant influence over official Terra Classic GitHub repositories
  • Operation and deployment of the Astroport Classic interface
  • Contributions to Market Module 2.0 development
  • Involvement in other ecosystem tools that affect user access and information routing

Even if all participants act in good faith, Dawid believes stacking multiple critical control layers under one operator increases systemic risk and conflicts with decentralization goals.

1.3 Transparency request for voters

To properly evaluate risk, Dawid calls for disclosure of any additional infrastructure, tools, or assets controlled by the domain owner that materially intersect with user routing, ecosystem visibility, or economic outcomes.

2. Conflict of interest concerns

2.1 Maintainers and economic incentives

The contributor and maintainer group for terra-classic.io reportedly includes validators and service providers. If these contributors also hold merge or review authority, Dawid argues this creates incentive alignment risks.

2.2 Influence of a canonical website

An official website directly affects traffic, reputation, delegations, and downstream revenue. Governance decisions involving this surface require stronger safeguards against conflicts of interest.

3. Governance process issues

3.1 Material changes during discussion

Dawid highlights that the proposal’s core rationale and framing were substantially revised after discussion had already begun, before moving quickly into deposit and voting.

3.2 Shortened discussion period

The proposal advanced to voting within only a few days, despite common governance expectations that proposals receive adequate discussion time for review and rebuttal.

3.3 Proposer voting perception

While proposer voting is not prohibited, Dawid argues that voting in favor of one’s own proposal during a shortened discussion period reinforces the perception of a rushed process rather than consensus building.

4. Banner narrative and neutrality concerns

4.1 Context of the informational banner

The proposal rationale places emphasis on an informational banner on terra-classic.money that links to an Agora discussion and invites community support.

4.2 Industry standard practice

Dawid notes that such banners are common across open source and public goods ecosystems. As an example, Bitcoin.org openly displays a community funding banner without being considered non neutral.

4.3 Governance standard consistency

From this perspective, disqualifying a website based on the presence of an informational banner reflects subjective preference rather than a neutral governance standard. Dawid argues that standards should focus on operational governance, not optics.

5. Decentralization claims of terra-classic.io

5.1 Contribution access versus governance control

Allowing pull requests does not automatically equate to decentralization. Dawid emphasizes that true decentralization depends on:

  • Who holds merge rights
  • How approvals are granted
  • How maintainers are appointed or removed
  • Who controls domain and hosting credentials
  • How disputes and incidents are handled

5.2 Current structural limitations

At present, domain custody remains centralized and the effective maintainer group appears limited. Without a formal governance framework, Dawid believes labeling the site as community owned may be overstated.

6. Missing information for informed voting

For a change affecting a canonical ecosystem destination, Dawid argues that the proposal should clearly publish:

  • Domain and hosting custody details
  • Maintainer and reviewer lists with merge authority
  • Approval thresholds and governance policies
  • Incident response and dispute resolution processes
  • Conflict of interest disclosures
  • Communication and migration plans for third party platforms

Without this information, voters are asked to approve assertions rather than a defined operational model.

7. User impact and ecosystem consistency risks

7.1 Asynchronous updates across platforms

Exchanges, wallets, aggregators, market data platforms, media outlets, and search engines update official links at different speeds. A change can result in months of inconsistent user experience.

7.2 Reputational considerations

Conflicting official links can confuse users and partners, which Dawid argues is particularly damaging for a network still rebuilding trust.

8. Strategic and branding considerations

8.1 Role of the official website

The official website serves as the primary onboarding and credibility surface for investors, builders, and institutions.

8.2 User experience and narrative clarity

According to Dawid, terra-classic.io functions as a resource hub but does not sufficiently address guided onboarding, narrative clarity, or institution grade presentation.

8.3 Alternative approach

terra-classic.money version two is being designed with multilingual support, integrated documentation, guided user journeys, and stronger brand positioning to support long term reputation recovery.

Conclusion

This article does not advocate for or against the proposal. Its purpose is to clearly present both perspective so the Terra Classic community can evaluate all viewpoints fairly and make informed governance decisions.

Over 400,000 USTC already burn in the last 12 days

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USTC Burn Reaches Over 400,000 in Just 12 Days

The Terra Classic ecosystem continues its efforts to reduce the circulating supply of USTC. Over the last 12 days, more than 400,000 USTC tokens have been permanently removed from circulation, marking steady progress in the ongoing burn initiative.

Burn activity has varied from day to day, reflecting changes in network usage and transaction volume. Despite these fluctuations, the overall trend remains positive, showing consistent participation in the supply reduction process.

Daily USTC Burn Breakdown

Below is a summary of daily USTC burns recorded during the first 12 days of January.

Month Date USTC Burned
January 1 33,407
January 2 93,158
January 3 15,065
January 4 7,253
January 5 15,637
January 6 7,618
January 7 9,758
January 8 33,196
January 9 58,758
January 10 115,023
January 11 8,474
January 12 7,387
Total 404,734

What This Means for USTC

The burn of over 400,000 USTC tokens in less than two weeks demonstrates ongoing commitment from the community and ecosystem participants. While daily burn volumes can change based on activity levels, sustained burns contribute to gradual supply reduction over time.

Continued on chain activity, ecosystem growth, and increased network usage will remain key factors in maintaining and potentially increasing future USTC burn levels.