HomeLatest NewsOver 700,000 USTC Burned in Just 8 Days

Over 700,000 USTC Burned in Just 8 Days

-

Over 700,000 USTC Burned in Just 8 Days

The Terra Classic ecosystem continues to show steady commitment to supply reduction. During the first eight days of February, the community successfully removed more than 700,000 USTC from circulation. This milestone highlights the ongoing effort to support long term recovery and strengthen confidence in the ecosystem.

Burning tokens permanently removes them from circulation. Over time, this process reduces available supply and supports broader stabilization goals. Consistent burns remain an important part of the Terra Classic recovery strategy.

Daily USTC Burn Breakdown

Below is the daily burn activity recorded between February 1 and February 8.

Month Date USTC Burn
February 1 32,646
February 2 25,778
February 3 22,360
February 4 397,058
February 5 38,305
February 6 37,655
February 7 143,878
February 8 6,247
Total 703,927

The largest burn occurred on February 4, when more than 397,000 USTC were removed in a single day. Another notable spike happened on February 7, adding over 143,000 USTC to the burn total. These two days accounted for the majority of the weekly burn.

Why USTC Burns Matter

USTC remains a key asset within the Terra Classic ecosystem. Supply reduction is widely viewed as an important step toward long term stability. While burns alone cannot determine price direction, consistent removal of tokens demonstrates continued community engagement and commitment to the project.

Every burn contributes to the broader objective of improving tokenomics and rebuilding confidence across the ecosystem.

Looking Ahead

The first week of February sets a strong tone for continued burn activity. If this pace continues, February could become another meaningful month for USTC supply reduction.

Ongoing community participation remains central to these efforts, reinforcing the long term vision for Terra Classic recovery.

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

Galaxy Station Enables Direct Credit Card Purchases of LUNC From the Wallet

Introduction The Terra Classic community has received a major usability upgrade. Galaxy Station has integrated a new feature that allows users to purchase LUNC directly from...

Hyperlane Work in Progress Update Brings Cross Chain Connectivity Closer to Terra Classic

Introduction A new development update has been released for Hyperlane integration on Terra Classic. The update highlights early testnet progress, an open source bridge interface, and...

Luna Classic Daily Burn Declines as On Chain Activity Slows

Luna Classic Daily Burn Declines as On Chain Activity Slows Introduction The Luna Classic burn rate plays a major role in reducing the circulating supply of LUNC....

Over 1.6 Billion LUNC Already Burned in Just 8 Days

Over 1.6 Billion LUNC Already Burned in Just 8 Days The Terra Classic community continues to push forward with supply reduction efforts. In the first eight...

Most Popular