The Terra Classic community has delivered major results in just seven days. More than 1 billion LUNC tokens have been burned, while staking has surged by over 2 billion tokens, pushing network participation to 14.85 percent.
This rapid reduction in supply comes from ongoing community-led burn initiatives designed to lower circulation and increase scarcity. At the same time, the strong rise in staking shows growing confidence in Terra Classic’s long-term recovery and stability.
The network’s stablecoin, USTC, also saw a slight supply drop of 137,214 tokens, adding to overall progress in balancing the ecosystem.
These numbers underline a clear message: the Terra Classic community is actively reshaping the chain’s tokenomics. If this pace continues, LUNC’s supply could see even deeper cuts while staking further secures the network.