HomeLatest NewsOver 1 Billion LUNC Burned in a Week as Staking Passes 2...

Over 1 Billion LUNC Burned in a Week as Staking Passes 2 Billion

-

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.

Adit 39
Adit 39https://www.adit39studio.com/
The world shall know PAIN

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Do you know how much LUNC burned in January without Binance?

January LUNC Burn Analysis Without Binance Shows Slowing On Chain Activity The Terra Classic community closely monitors LUNC...

Over 440,000 USTC Burned in Just 16 Days Signals Strong Terra Classic Community Activity

Over 440,000 USTC Burned in Just 16 Days Signals Strong Terra Classic Community Activity The Terra Classic ecosystem...

LUNC Burn Activity Slows as Only 191 Million LUNC Burned in the Last 7 Days

The Terra Classic LUNC burn rate continues to show a noticeable slowdown, with recent data confirming a sharp decline in daily and weekly...

SDK 53 Progress Update in January and What It Means for the Luna Classic Network

In January, Orbit Labs shared important development updates regarding the Terra Classic blockchain with the successful testing of the Cosmos SDK v53 upgrade. This update...

Most Popular