The Terra Classic ($LUNC) community has recently burned more than 1.1 billion tokens, valued at over $100,000, bringing the total supply of the cryptocurrency down to 6.812,67 trillion
ZoeyFollowing a record burn of over 8.3 billion tokens, Shiba Inu's burn rate has soared by an unprecedented 7,686,774.46%, coinciding with a wider upsurge in the cryptocurrency market.
YouQuan
JinseFinanceBinance plans to reduce LUNC trading fees from 100% to 50%. LUNC reacted negatively, shredding 12% on the day.
cryptopotatoSouth Korea’s Ministry of Foreign Affairs published a notice saying that it would cancel Kwon’s passport if he did not return it.
Beincrypto
Cointelegraph
NulltxThe proposal highlights that by destroying excess supply, it could help restore UST’s peg to the dollar.
CointelegraphUnder the continuous request of the Terra community, Kwon went against the original plan and publicly shared the LUNA destruction address on the 21st.
CointelegraphAccording to Polygon team estimates, MATIC supply could become deflationary once fee burning starts.
Cointelegraph