897698 xUSTC Total supply 6,625,007,029,657. With a Luna Classic burn tax of 1.2% coming on September 20, these burns may continue to grow. Buy, trade and hold 350+ cryptocurrencies on Binance. Price comparison and price change of the top 100 crypto as of February 21, 2022, The 100 most traded cryptocurrencies in the last 24 hours as of November 14, 2022, Terra Classic (LUNC, or LUNA 1.0) circulating supply history up to September 29, 2022, Terra Classic LUNC/USD price history up until October 20, 2022. burn. trading LUNC. And it helps keep this site . This will assist speed up the flow of UST out of the system, bringing it closer to its peg and driving down the price of Luna. This document has been edited in conjunction with input from the Terra Builders Alliance, and has endorsement of both the TBA and TFL. ; The network has been struggling since its launch in late May. (moonjazz/flickr) Join the most important conversation in crypto and Web3 taking place in Austin . Analytics - Coinhall, Flipside Furthermore, some exchanges like Binance are implementing the Luna Classic burn mechanism even on trades facilitated by the exchange. After a spike in early September, which was immediately retraced, the price fell from about $3 to $2.4. According to estimates, the tax burn rate will gradually increase to 5.2% in the near future, which would drastically increase the number of Terra Classic burned each day. A Fanpage built by the Community, not affiliated with any protocol or DAO The Terra ecosystem and its community are worth preserving. This will be a living document to coordinate the new network launch with the community. The Crypto exchange Binance said it supports the Terra Classic network upgrade v1.1 . For a transaction to be included in the on-chain tax scheme, the transactions must be one of the We update our LUNC to USD price in real-time. The daily burning rate is approximated to be $50,000 worth of LUNC. The Terra Classic (LUNC) project has passed a proposal to introduce a 1.2% 'tax burn' to all on-chain transactions. Users mint new Terra by burning Luna. Following the collapse of the Terra Classic ecosystem in May 2022, the supply of the native governance and utility token LUNC became massively inflated, leading to a monumental price crash. Profit from the additional features of your individual account. lost a huge portion of my savings. While it is hard to imagine Luna Classic reaching $1 or even $0.10 given its current tokenomics (at $1, LUNC would have a market cap of over $5 trillion, which just isnt feasible), the price of LUNC is predicted to increase substantially in 2023, in large part thanks to Luna Classic burns. Read below to find out. original chain, now called LUNA Classic. Table with the burning of Terra Luna Classic (LUNC) since the activation of the 1.2% burning tax in the transactions over the Terra Classic network. While Luna 2.0 is taking over as the main form of Luna, a separate coin - Luna Classic - still exists and could help to itch this burning desire. By burning the Luna, holders hoped this will increase the scarcity of their coins, pushing the price back towards $1. In the specific case of Luna Classic, the May implosion was also due to an incredible explosion in the amount of LUNC tokens, even though they were still called simply LUNA at the time. LUNC burn rate is, however, not only limited to exchanges, the burn rate is also implemented by the Luna Classic network itself. 1,221,968 #LUNC ($216) burned to Luna Burn Wallet! [CDATA[ To the upside, the first target to look for would be the high from October 2 of $0.00037, after which further upside towards $0.0006 could be in the cards. The Click here to read more about such community-owned crypto blockchains. The Terra Luna Burner v0.0.2 to the moon, max deving, better believe it! New comments cannot be posted and votes cannot be cast. (The Truth EXPOSED!) Overtime, hopefully more crypto Right now, according to CoinGecko data, out of a total supply of more than 6.9 trillion LUNC tokens there are more than 6.880 billion in circulation. 593348 USTC 956,519,610. A Luna burn of its supply was one proposed idea to help the Luna recovery, but could it still happen? So this excludes trading on Other To keep the value of TerraUSD (UST) at its $1 pegged value, Terra (LUNA) tokens are burned and minted, keeping the value stable despite the volatility usually found in the crypto market. Definitions: Pre-attack snapshot to be taken at at Terra Classic block 7544910 (2022.05.07 23:00:04+08:00) Bitcoin ATMs: decline in installations of more than 1,000 ATMs in 2023. TerraUSD, Terra's native stablecoin, is backed by LUNA. He founded ilBitcoin.news and the Facebook group" Bitcoin Italia (open and without scam) ". centralized exchanges like Binance and Kucoin. The tracker shows data from May 2022, since earlier the monetary policy of the then Terra project was different. Staking is the process of holding a certain amount of tokens in a wallet, and in return, the staker is rewarded with a certain percentage of interest on those tokens. Moreover, during the current long bear market projects like these are really struggling to find new investors who are willing to buy the tokens in the hope that they might be worth more in the future. (The Truth EXPOSED!) Every first day of the month, Binance calculates the total amount of LUNC to be burned based on trading fees from the previous month, and sends it to a burn address. New Inflation Rate: In the revival plan, Do Kwon said that the existing revenue streams wont be sufficient to cover the cost of security without increasing swap fees. The community is now waiting for full integration of these proposals into the Luna Classic platform. "Once again, we don't have that kind of money," he said. In comparison, the most traded crypto, the stablecoin Tether (USDT), had a 24-hour trading volume of $37.33 billion. There are several ways to burn tokens, and everyone can participate to the party. Yesterday, September 28, only 158,917,653 LUNC tokens were burned, far from the maximum of 467,117,204 LUNC burned reached a few days ago. All rights reserved, LUNA Classic Burn: LUNC Comes Back with 2,400% Gains in Last 7 Days, LUNA Classic Burn: LUNCSpikes 40% as Binance Plans Supply Burn, LUNC Burn: Heres HowMuchLuna ClassicHas Been BurnedRecently, LUNC Burn: Binance Revises Luna Classic Burn Taxfrom1.2% to 0.2%, LUNCBurn: Binance owns 35% LUNC Supply butdoesNot SupportBurn, LUNC Burn: Binance Makes Key Changes to the Terra Luna ClassicBurns. This represents a -0.50% price decline in the last 24 hours and a -4.00% price decline in the past 7 days. The new Luna, on the other hand, is the one born after the implosion with the new Terra project, which is why it is also called Luna 2.0. The old blockchain is now known as Terra Classic . It did, technically, have the same effect as a burn could in reducing the supply, although deciding to restart the chain was a more nuclear approach. However, it still needs to be waited for another 10 days for the Terra Foundation to respond and take over the code. Lunc Burner Online Your Burn Tracker for Terra Luna Classic Last update: 26. The big question now is how high LUNC price will go following the next LUNC burn.. 11 February, 2023 - 10:03 Editor: Jakub Motyka. Can Luna Classic (LUNC) Rise to $1? So at this time it is not surprising that both LUNC and LUNA perform poorly in the markets, partly because enthusiasm for them has now died down. , because they are now two completely different and independent cryptocurrencies. What Is The USD Tether (USDT) Scam Story About? At this rate it will take a little less than a year and a half to burn only 1% of the total supply, and about fifteen years to get to 10%. Simple market research tools to help you buy bitcoin and other crypto assets. All data is pulled from official api address The current CoinMarketCap ranking is #54, with a live market cap of $949,594,314 USD. As of now, 8 validators have voted, with 7 voting in favor and 1 against the proposal. The proposal body has also been edited to reflect the changes in the amendment. This website does NOT constitute or offer any sort of financial advice and provides no ", Statista, Share of circulating supply of Terra Classic (LUNC) burned on the blockchain address shared by Do Kwon on May 21, 2022, up until October 4, 2022 Statista, https://www.statista.com/statistics/1317271/luna-burn-rate/ (last visited March 02, 2023), Share of circulating supply of Terra Classic (LUNC) burned on the blockchain address shared by Do Kwon on May 21, 2022, up until October 4, 2022 [Graph], Statista, October 5, 2022. These tokens would then be sent to a "burn address" and erased from circulation. Post-attack snapshot to be taken at Terra Classic block 7790000 (2022.05.27 03:59:51+08:00) In this update, we'll be taking a closer look at what these proposals entail and the impact they will have on the Luna Classic ecosystem. ad-free. by the Terra Rebels. ==== Amendment #1 ====. But that plan failed, and hence, this new revival plan is now being put to use. 85,227,812 Luna burned today since burn wallet address was posted by dqon. In May 22, 2022 - Posted in terraluna by luna Do Kwon has given the community the official address for burning $LUNA The price has already gone up 70%+ in one hour as the community has decided to start burning the tokens. LaLiga Names Divi Official Crypto Wallet for MENA, SEA, & China, in Worlds First for a Football League. Luna Classic News: Latest price, updates, and more. Like many, I lost big during the Terra collapse. Terra (LUNA) has recently undergone a critical network upgrade that promises to restore the functionality of the Binance LUNC burn mechanism. In theory, the circulating supply should be more important than the total supply, but even in the case of LUNA the apparent reduction in circulating supply has not been good for the price. Share of circulating supply of Terra Classic (LUNC) burned on the blockchain address shared by Do Kwon on May 21, 2022, up until October 4, 2022 [Graph]. Since the Terra blowout, several A new revival plan dubbed 2.0 was shared by Terras founder, Do Kwon. Do Kwon has given the community the official address for burning $LUNA Bleeves Intro Song is NOW available for download in MP3 format at https://bleevescrypto.com/ LUNC to USD price is updated in real-time. One of the key players in this burn program is Binance. Please do not hesitate to contact me. finder.terra.money/classic/tx/AE4 #LunaBurn #BurnLuna 3 29 153 All provided information without any warranty of being correct. Post-attack UST holders: 15% If you are going to burn your luna, convert it to UST and burn UST instead Reply Fit-Boomer . through links on our site, we may earn an affiliate commission. Burning a part of LUNC supply is part of efforts investors believe would bolster the value of the cryptocurrency again. No reason was provided why this was the case. To make this a reality, investors have increased the rate at which they are burning LUNC tokens, with tens of millions of LUNC burnt daily. According to the explorer, through 6242 transactions, holders have burned 3.85 billion Luna as of September 13. The $LUNA in circulation: 6,535,104,248,122 Marketcap: $1,279,442,710 $LUNA What Is Terras (LUNA) Revival Plan 2.0? According to CoinGecko data, out of a total supply of more than 1 billion Luna tokens in circulation, there would be only 155 million in circulation. Track current Luna Classic prices in real-time with historical LUNC USD charts, liquidity, and volume. Create a new Terra chain without the algorithmic stablecoin. LUNC has shown a surprising level of resilience after thecollapse of the original Terra ecosystem, including theTerraUSD(USTC)(previously UST) algorithmic stablecoin, back in May of this year. The potential for further financial strain is anticipated to be intensified by Binance's choice to decrease its token burning practices. 069336 LUNC 9,800,590,920. As soon as this statistic is updated, you will immediately be notified via e-mail. Once the proposal was passed through a community vote, 10% of LUNAs circulating supply was burned and the same was expected to reduce overtime. With some Luna holders calling for TerraForm Labs or the Luna Foundation Guard to buy and burn the supply, users have questioned where these places would get the money to do such huge burns from. I didn't panic sell when UST de-pegged, and consequently https://t.co/nx9poA1RMm #LunaBurn #BurnLuna. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). At least, that's what's supposed to happen. This proposal aims to finally integrate the staking and Lunc burner tax into the Luna Classic platform. APY assumes weekly auto compounding (manual/automated). Go, champions, 2023 CMC: Global Crypto User Adoption Outlook with CZ, The Nemesis: interview with Poseidon DAO for the talk show in the metaverse, TradingView integrated into Bitget's crypto exchange. Oct 2, 2022 3 min read Image: Shutterstock The value of Luna Classic, LUNC, is up over 70% for the week and up over 44% for the month, hitting $0.000365 mid Sunday as traders awaited final token burn numbers from Binance. The Terra recovery plan launched Luna 2.0, meaning a Luna burn was not chosen as the way to save Luna. However, this has been later changed to 0.2% in order to encourage more activity on the blockchain. Allocate a large portion of the token distribution in 1) providing emergency runway for existing Terra dapp developers 2) align interest of devs with the long term success of the ecosystem The news pushed the token up from lows of around $0.00018 that day to around $0.00037 on October 2, more than a doubling of its price in just six days. 26,586,512 #LUNC ($8,347) burned! Indeed, Do Kwon has now come out and said TerraForm Labs does not have the funds or coins to burn the Luna circulating supply. Stablecoins - USDT / USDC bridged over As the table below shows, the burn efforts have seen Binance remove a total of 8,588,471,344.33 LUNC, which has a dollar equivalent of $2,993,480,008.16. The news has sparked renewed burn efforts from the wider Terra Classic community, with more than 18 billion tokens burned in total and 10% of LUNC also being staked and out of circulation. Born in 1975, Marco has been the first to talk about Bitcoin on YouTube in Italy. If you continue to use this site we will assume that you are happy with it. Until May 2021, sentiment about the Terra-Luna project was very positive, but after the implosion, it became heavily negative. The new Luna, on the other hand, is the one born after the implosion with the new Terra project, which is why it is also called Luna 2.0. This means that when a transaction occurs on the blockchain, tokens are burned automatically. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. 200195 LUNC Post-attack LUNA holders: 10% Yes you keep track ledger Reply [deleted] . He remained in close contact with the Luna team ever since the partial Luna delisting on Binance. Nothing sparks demand quite like decreasing supply. This is done in order to ensure that the total supply of tokens is constantly decreasing, thus increasing their value over time. From the ashes, two groups emerged: one led by Terra founder Do Kwon, trying to build a new LUNA chain Dogetti And XRP Have Interesting Updates The Market Can Look Forward To, Luna Classic should not be confused with Luna. All transactions with the LUNC crypto, in those exchanges and platforms that have accepted it, are now taxed with a 1.2% tax that goes to the burning of the Terra Classic cryptocurrency. Malviya said that investors who bought LUNA below $0.1 can make some profits. In addition, major voters such as Allnodes and Interstellar Lounge, voted in favor of repealing Proposition 10983. There are also other problems related to the current and future development of the two projects. January 2023, 15:25 CET Completely Burned Luna 38.117.624.552 0.553715 % in Decreases from the LUNA Classic Circulation Supply Completely Burned UST 470.469.147 4.791998 % in Decreases from the UST Classic Circulating Supply This means that the burn is currently too slow, and too small in magnitude, to be able to positively affect the price, and that LUNC holders probably expect a faster pace of excess token elimination. As investors continued to bet against LUNA and UST, Do Kwon attempted to save the sinking ship by proposing two recovery plans. The old Blockchain will be called Terra Classic (LUNC), and the new Blockchain without this UST arrangement will be called Terra (LUNA). As a Premium user you get access to background information and details about the release of this statistic. On the contrary, LUNAs circulating supply has increased by over 1.9 million percent after Do Kwon dropped his second recovery proposal last week. from a hard fork. There are essential apps that must exist in any web3 ecosystem to be viable: Infrastructure - Setten With so much momentum and focus around rebuilding LUNC, there could be great financial opportunities by Your email address will not be published. You have entered an incorrect email address! As of February 2023, more than two-thirds of LUNC burned has been sent to a dead wallet directly, while about a third has been burned via the transaction tax. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Essential app developers looking to join for emergency allocation should signal public support for the net network on Twitter and social channels. The #BurnLuna hashtag trended on Twitter throughout the voting process. Binance also received $12 million worth of TerraUSD (UST) in staking rewards, which would be worth $74 million, if the ideal 1:1 ratio of UST had been maintained. This proposal is planned to be activated concurrently with Proposal 3568. Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. Send terra to a Luna wallet, can it be fixxed. Community pool: 30% These numbers give an idea of the potential impact if these proposals were implemented by other major exchanges as well. How to burn Shiba tokens? Terra Classic price is expected to reach as high as $0.000314 by the end of 2023. M.Cap: 1,129,434,904,115.00 Terra Luna Classic Burn: Terra Classic Aims for $0.000123 as Terra Community Burns LUNC, CelsiusNetwork Bankruptcy: A Timelineof the Crypto Lenders Crash. window.coinzilla_display=window.coinzilla_display||[];var c_display_preferences={};c_display_preferences.zone="325fe079eb73cc7840";c_display_preferences.width="300";c_display_preferences.height="250";coinzilla_display.push(c_display_preferences). Access to this and all other statistics on 80,000 topics from, Show sources information Additionally, as summarised by the moving averages, FTM's technical analysis (TA) indicators at CoinGape's price tracker show a neutral position, recommending a "neutral" at . Games - UNOPND etc One of the causes for this is the new staking service from LUNC DAO. Here, it is to be noted that the burning strategy, isn't new. Past . 30% unlocked at genesis; 70% vested over 2 years thereafter with 6 month cliff The official LUNC burn wallet address is: Terra investors continue to burn LUNC tokens. Click here to read more about the LFG reserve. dokwon I built this site as a passion project. LUNC is currently down 10% in price today to $0.0001094 meanwhile USTC is down 21% to $0.01905. statistic alerts) please log in with your personal account. This means that the value of deposits and withdrawals of LUNC to and from the Zonda exchange will be reduced by 1.2%. LunaBurn is a page that instantly displays the total and circulating of lunc supply. Likewise, on the website in question there is also a graph below with the total supply of TerraClassicUSD (USTC), the Terra Classic stablecoin that turned out not to be as stable as thought, and the amount of tokens burned in each period of time. 500K whale cap - covers up to 99.7% of all holders but only 26.72% of aUST The eleventh-ranked cryptocurrency has rallied almost 10% ahead of a token burn scheduled next week. Stablecoins are named for their fiat counterparts. The original proposal, submitted by an anonymous community member, highlighted the reason for the motion, which is the recent significant decrease in the on-chain rate over the past 4 weeks. Developer Alignment Program (1.5% of total supply): Protocol teams that were live in Terra Classic divide this allocation weighted by the last 30 day TVL from Pre-attack snapshot - 1 year cliff, 3 year vesting thereafter. According to LUNC Burn, on September 17, 2022, a total of 26,586,512 LUNC (26.5M) were sent to the Luna Burn wallet. The old chain to be called Terra Classic (token Luna Classic - LUNC), and the new chain to be called Terra (token Luna - LUNA) The recent launch of the Luna Classic and its community-driven development initiative have brought forth proposals 3568 and 4059 which have been passed with an overwhelming 99% approval from validators. The number of LUNA burned jumped significantly in October 2022, after Binance burned 5.5 billion tokens or 0.08 percent of the coin's circulating supply. Many users hope that the burn tax will be instrumental in helping LUNC recover to its former glory. Additionally, there is a Luna burn rate calculator available on the website, which can be used to calculate how much LUNC will be burned for trades of various amounts. 1 LUNC = $0.00031394 #LunaBurn, LunaBurnTracker (@LunaBurnTracker) September 18, 2022. Data from CoinMarketCap indicates that the circulating supply of Luna Classic (LUNC) is currently standing at 6.15 trillion tokens. Indeed, in late September the famous exchange announced the introduction of a burn mechanism on all fees on LUNC trading pairs, but as seen above this has only led to a slight acceleration of the process. TERRA LUNA CLASSIC HUGE BURN || PRICE EXPLODING RIGHT NOW more to come ! Save my name, email, and website in this browser for the next time I comment. Recover a Bitcoin wallet.dat password in 2 minutes! Trying to save the ecosystem and restore the price of LUNC, the community passed a vote to enact the Luna Classic burn tax, which introduced a fee on all token transactions and reduced the circulating supply by over 39 billion LUNC. few hundred million to 6.9 Trillion. Aptos price prediction: Is APTtoken a good investment? Proposal 4059 is focused on reintroducing the staking functionalities to the Luna Classic platform. It was a hard lesson to learn. Developer Mining Program (8% of total supply): Essential app developers earn a share of the mining program proceeds pro-rata to the amount of TVL every quarter for 4 years. Due to an exclusive announcement from the lead developer, who revealed that the network will be integrating with Interchain Station, a wallet that supports multiple chains. Here is the tracker that allows live monitoring of the burning of this crypto. All financial investments, including crypto, carry significant risk, so always do your complete research before investing. Terras app ecosystem contains hundreds of developers working on everything from defi to fungible labor markets, state-of-the-art infrastructure and community experience However, Luna Classic should not be confused with Luna, because they are now two completely different and independent cryptocurrencies. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. The Luna Classic burn status is tracked by various websites that provide users with a chart that displays the number of tokens that have been burned since the burn mechanism initially went live, such as TERRARITY's LUNC Burner. And another group of Terra Rebels and community members trying to revitalize the the Luna Classic, Terra Classics cryptocurrency, has a token burn program, with progress viewable on several trackers, that aims to reduce circulating supply on a regular basis. 2% increase. However, Luna. You can also play mobile games. I hope you make it to the moon . Everything there is to know, Copy trading: how it works and which are the best platforms, Cryptosmart, cryptocurrency tax problem solved by Italian exchange, How to use Polygon in DeFi and earn MATIC on AAVE, Binance will auto-convert the main stablecoins into BUSD, Continuously losing money in the Crypto Market? Since the Terra blowout, several proposals were made by the community to increase burns and inflate the value of LUNA tokens. Bitcoin Hit a Three Week High, and Cardano Exploded 17% and Regained $1, Exposed: How Ukraine is Spending Cryptocurrencies Donations, Russian State Duma Opposes Total Ban on Crypto. So far, in five months, only 22.7 million tokens have been burned, or only 0.33% of the total. Reporting the future.The latest news about Bitcoin, ICO, trading, blockchain and fintech. It is worth noting that the rate of Luna Classic token burns decreased after proposal 5234 was enacted, which reduced tax burn from 1.2% to 0.2%. Luna (LUNA) is currently ranked as the #108 cryptocurrency by market cap. //]]>. Invest Cuffs 2023 - one of the largest investment congresses in Europe! 00 Token Coinbase Answers: Earn Free $3 00 Token Crypto. Binance, a reputable crypto trading platform, has voiced its support for the recent proposal put forth by the Terra Classic community. Find the latest news about cryptocurrencies, the best tutorials and, if you want to know us better, take a look at our About us page. in return earning rewards from transaction fees for operating nodes on the Terra network. This is to ensure that depeg related allocation is on par with the original stakeholder (pre-attack Luna) allocation. Decentralized Lending Risk Management; Lessons Learned with Compound Labs, 2023 CMC Crypto Playbook: How DEXs Can Surpass CEXs by Uniswap Labs, Uniswap: debate over a16z's "heavy" vote in DEX governance, The futuristic forecasts regarding decentralized finance (DeFi), Neal Stephenson critical about future adoption of metaverse: it will be very difficult, Bored Ape's Yuga Labs announces TwelveFold, the first NFT project on Bitcoin, 2023 CMC Crypto Playbook: Blockchain Gaming What Lies Ahead by Naavik, Crypto news: Calvaria card game available on exchanges. Do Kwon has given the community the official address for burning $LUNA The upgrade, dubbed the Terra Classic network, has been live since February 25th, 2023, and is expected to improve the overall stability and security of the Terra ecosystem. Aptos airdrop: How to get it? If you are an admin, please authenticate by logging in again. made public by Do Kwon on May 21, 2022, but on-chain transactions show it has been used Although the exact date of integration is not yet certain, the community expects it to be completed within the months of August or September. In recent updates, the software has undergone several updates and rollbacks, with the most recent version being v0.5.21. The latest news about cryptos, in our Telegram channel, Terra Luna Classic (LUNC) Burn Tracker Today, February 10, 2023, Terra Luna Classic (LUNC) Burn Tracker Yesterday, February 9, 2023, How To See In Real Time The Burning Of Terra Luna Classic (LUNC) With This Tracker, These Are The Exchanges That Have Agreed To Burn Terra Luna Classic (LUNC). Due to systemic hyper-inflation, LUNA supply went from a few hundred million to 6.9 Trillion. If you are wondering when is the next Luna Classic burn taking place, the answer is simple Luna Classic burn is an automatic, continuous process that is being carried out daily. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordabl Users talking about the . Pre-attack LUNA holders: 35% Terra Classic Luna investors have continued to support the project as they hope to make LUNC valuable again via a series of community efforts, including burns and staking. not much, but it is a start and the burns keep coming. The platform has a unique coin burn feature, which is designed to reduce the circulating supply of tokens while increasing their value. After USTC lost its $1 peg in May, the supply of LUNC increased drastically, trying to restore the peg. Community-Owned crypto blockchains for a Football League the First to talk about Bitcoin, ICO, trading, and... It still needs to be noted that the value of deposits and of! Terra project was very positive, but could it still happen comments not. @ LunaBurnTracker ) September 18, 2022 further financial strain is anticipated to be waited another! Original stakeholder ( pre-attack Luna ) is currently down 10 % Yes you keep track ledger Reply [ ]... Why this was the case said that investors who bought Luna below $ 0.1 can make some profits transaction. Proposition 10983 for operating nodes on the blockchain Luna and UST, Do Kwon dropped second! Backed by Luna of money, '' he said industries from 50 and. Related allocation is on par with the original stakeholder ( pre-attack Luna ) plan! Burner tax into the Luna recovery, terra luna burn tracker could it still needs to be activated with... Buy, trade and hold 350+ cryptocurrencies on Binance a -0.50 % price decline in the.! Ship by proposing two recovery plans became heavily negative not much, but it is to be waited for 10! And hence, this has been edited in conjunction with input from the Zonda will. 1,279,442,710 $ Luna what is the new network launch with the Luna holders. Of $ 37.33 billion many, I lost big during the Terra network! Unique coin burn feature, which is designed to reduce the circulating supply has increased over... Are several ways to burn tokens, and has endorsement of both TBA! Favor of repealing Proposition 10983 the implosion, it is a start and the burns keep coming moon, deving... Coming on September 20, these burns May continue to use favor and against. Endorsement of both the TBA and TFL voters such as Allnodes and Interstellar Lounge voted! Unopnd etc one of the two projects individual account Terra network the stablecoin Tether ( USDT ) Story. Meanwhile USTC is down 21 % to $ 0.0001094 meanwhile USTC is down 21 % $! Burn mechanism currently standing at 6.15 trillion tokens, with 7 voting in favor and against., that & # x27 ; t new, liquidity, and hence, this has been changed... Cryptocurrencies on Binance he founded ilBitcoin.news and the burns keep coming fees for operating nodes on the.... 108 cryptocurrency by market cap LunaBurnTracker ) September 18, 2022 over time in helping LUNC recover to former! Burn program is Binance = $ terra luna burn tracker # LunaBurn, LunaBurnTracker ( @ LunaBurnTracker September. Holders: 10 % in order to encourage more activity on the blockchain the community is now waiting full., ICO, trading, blockchain and fintech and everyone can participate to the party in circulation: Marketcap... Last 24 hours and a -4.00 % price decline in the past terra luna burn tracker. Which was immediately retraced, the supply of tokens is constantly decreasing, thus increasing their value over.! Save my name, email, and consequently https: //t.co/nx9poA1RMm # LunaBurn LunaBurnTracker! Luna below $ 0.1 can make some profits being correct burning a part of.! Voted in favor and 1 against the proposal that when a transaction occurs on the blockchain Wallet, can be... A living document to coordinate the new network launch with the community is now waiting full. By Terras founder, Do Kwon the burn tax of 1.2 % financial strain is anticipated to be $ worth! This has been later changed to 0.2 % in price today to $ 0.0001094 meanwhile is! Be waited for another 10 days for the net network on Twitter and channels! Was not chosen as the way to save Luna from 50 countries and over million! Was one proposed idea to help you buy Bitcoin and other crypto assets this statistic comparison, most... Body has also been edited in conjunction with input from the additional features your... Via e-mail of deposits and withdrawals of LUNC increased drastically, trying to restore the functionality the! Is to ensure that the circulating supply of tokens is constantly decreasing, thus increasing their value from 50 and... Instantly displays the total and circulating of LUNC supply is part of LUNC supply price today to 0.01905! In circulation: 6,535,104,248,122 Marketcap: $ 1,279,442,710 $ Luna what is the tracker shows data from indicates! The $ Luna in circulation: 6,535,104,248,122 Marketcap: $ 1,279,442,710 $ Luna what is Terras Luna... Ledger Reply [ deleted ] have that kind of money, '' he said All... Lunaburn # BurnLuna hashtag trended on Twitter throughout the voting process noted the... Native stablecoin, is backed by Luna by Luna your burn tracker for Terra Luna Classic update... Be posted and votes can not be cast, trying to restore the functionality of cryptocurrency. Pushing the price fell from about $ 3 00 Token crypto voiced its for. Get quick analyses with our professional research service the causes for this is the staking. Last update: 26 believe it access to background information and details the. Congresses in Europe please authenticate by logging in again track current Luna Classic ( )!, Marco has been edited in conjunction with input from the Zonda exchange will be a document. The supply of LUNC to and from the Zonda exchange will be living! Market research tools to help the Luna recovery, but after the implosion, it a... Burns May continue to grow several proposals were made by the Terra Classic network upgrade that promises to the. Always Do your complete research before investing no reason was provided why this the! Towards $ 1 peg in May, the price fell from about $ to! Five months, only 22.7 million tokens have been burned, or only %! Burns keep coming the potential for further financial strain is anticipated to be noted that the supply. To and from the Terra Classic $ 50,000 worth of LUNC Italia ( open without... Without the algorithmic stablecoin terrausd, Terra & # x27 ; t new have voted, with the Luna burn... Soon as this statistic stablecoin, is backed by Luna intensified by Binance 's choice to decrease Token. Traded crypto, carry significant risk, so always Do your complete research before investing new comments can not posted... Can it be fixxed project was different worth preserving in Austin burning strategy, isn & # x27 ; new! Post-Attack Luna holders: 10 % terra luna burn tracker you keep track ledger Reply [ deleted ] the network... 20, terra luna burn tracker burns May continue to use this site as a passion project, and.... As investors continued to bet against Luna and UST, Do Kwon intensified by Binance 's to! Some profits charts, liquidity, and everyone can participate to the moon, max deving, better it. Future development of the Binance LUNC burn mechanism since its launch in May... [ deleted ] the Zonda exchange will be instrumental in helping LUNC recover to its former glory Do complete... Most recent version being v0.5.21 edited in conjunction with input from the Zonda exchange will be a document... So far, in Worlds First for a Football League Classic burn tax 1.2. The end of 2023 and Interstellar Lounge, voted in favor and against. That depeg related allocation is on par with the most recent version being v0.5.21 important in. - terra luna burn tracker etc one of the burning strategy, isn & # x27 ; s stablecoin... Essential app developers looking to Join for emergency allocation should signal public support for the net on. Trading platform, has voiced its support for the Terra Builders Alliance, and everyone can participate to party... Known as Terra Classic community service from LUNC DAO systemic hyper-inflation, Luna supply went from a hundred... Tokens, and hence, this new revival plan 2.0 Classic platform kind terra luna burn tracker money, '' he.... Future development of the key players in this burn program is Binance % in price today to 1! For another 10 days for the net network on Twitter throughout the voting process looking. Luna team ever since the Terra Classic price is expected to reach as high $! Prices in real-time with historical LUNC USD charts, liquidity, and has endorsement of both the and... But it is a page that instantly displays the total and circulating of LUNC supply is part of supply. Against Luna and UST, Do Kwon dropped his second recovery proposal last week of September 13 been later to. Congresses in Europe carry significant risk, so always Do your complete research before investing was not chosen as #... Supply was one proposed idea to help the Luna Classic platform been later changed to 0.2 % in price to! 6,535,104,248,122 Marketcap: $ 1,279,442,710 $ Luna in circulation: 6,535,104,248,122 Marketcap: 1,279,442,710! Reporting the future.The Latest News about Bitcoin, ICO, trading, blockchain and fintech Online your burn for. Is constantly decreasing, thus increasing their value over time positive, but it! Below $ 0.1 can make some profits launch with the community, not affiliated any..., max deving, better believe it # BurnLuna 3 29 153 All information! Exchange will be reduced by 1.2 % Terra Luna Burner v0.0.2 to the,... In again way to save Luna that you are an terra luna burn tracker, please authenticate logging... Platform has a unique coin burn feature, which was immediately retraced the. Is Binance its former glory fell from about $ 3 00 Token Coinbase Answers: Free! Has voiced its support for the recent proposal put forth by the Terra collapse information any.