Over 6.2 Billion LUNC Burned in 21 Days as January Burn Activity Continues
The Terra Classic network has recorded a significant reduction in circulating supply during January, with more than 6.2 billion LUNC burned over the last 21 days. This data highlights ongoing deflationary efforts and continued participation from the ecosystem, even as daily burn levels fluctuate.
Based on available burn records, the total amount of LUNC removed from circulation between January 1 and January 21 has reached approximately 6.20 billion tokens. It is important to note that the data for January 21 is not yet final, meaning the total burn figure may still increase by the end of the day.
Binance Monthly Burn Dominates Early January
A large portion of the January burn total came on January 1, when over 5.36 billion LUNC was burned. This spike was mainly driven by Binance’s monthly LUNC burn mechanism, which continues to play a major role in reducing supply.
Outside of this event, daily burns have remained relatively modest, reflecting lower on chain transaction volume and network activity. Most daily burns throughout the month have remained below 100 million LUNC.
Daily LUNC Burn Breakdown
The table below provides a clear overview of the daily LUNC burn amounts recorded so far in January.
| 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 |
| January | 15 | 16,451,097 |
| January | 16 | 29,576,801 |
| January | 17 | 12,733,630 |
| January | 18 | 17,668,179 |
| January | 19 | 45,755,919 |
| January | 20 | 29,137,485 |
| January | 21 | 3,362,922 |
| Total | 6,201,777,480 |
Note: January 21 data is not final and may increase as the day concludes.
What This Means for Terra Classic
While the overall burn total is boosted by a single large event, the consistent daily burns demonstrate that on chain mechanisms remain active. Transaction fees, application usage, and exchange supported burns continue to contribute to gradual supply reduction.
Sustained on chain activity and expanded use cases remain critical factors for increasing future burn rates. As development and ecosystem participation grow, daily burn figures may strengthen beyond current levels.
Conclusion
The burning of over 6.2 billion LUNC in just 21 days reflects continued commitment to reducing Terra Classic’s circulating supply. Although daily burns remain relatively low outside of major exchange contributions, the long term impact depends on improving network usage and transaction volume.
As January progresses, the community will closely monitor burn trends to assess whether on chain activity can support stronger and more consistent supply reduction moving forward.
