Cremation Coin: One of the Top LUNC Burn Contributors Since 2022
The LUNC burn initiative is not limited to Layer 1 activities. Across the Terra Classic ecosystem, several independent projects share the same mission of supporting the deflation and revival of LUNC.
One notable contributor is Cremation Coin, a project that has burned approximately 428.13 million LUNC since its launch in December 2022. This project emerged roughly six months after the Luna and UST crash, with the goal of helping restore value to the Terra Classic network through consistent token burns.
Cremation Coin gained traction in early 2023 when it managed to burn over 100 million LUNC in just one week in March. Throughout its existence, the project has maintained an active role in the community-driven burn movement, reaching a total of 428.13 million LUNC burned to date.
Today, Cremation Coin continues to be recognized as one of the top LUNC-burning projects of all time, symbolizing the ongoing dedication from community-led initiatives to support LUNC’s long-term recovery and deflation goals.
