30% unlocked at genesis; 70% vested over 2 years thereafter with 6 month cliff With over 71.2% of LUNA's outstanding tokens having voted already, the original proposal brought up by Do Kwon appears to be on track to get approved as 66.2% of the votes have favored the fork . terraluna by The purpose is to bring the cryptocurrency Terra Luna Classic (LUNC) back to the top after losing more than 99% 3 months ago. The community is now waiting for full integration of these proposals into the Luna Classic platform. This thread is archived. 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. UST or LUNA on Terra protocols that cannot be easily identified LunaBurn is a page that instantly displays the total and circulating of lunc supply. We update our LUNC to USD price in real-time. Users burn Luna to mint Terra and burn Terra to mint Luna, all incentivized by the protocol's algorithmic market module. The Terra Classic community is currently voting on Proposal 11243, which aims to increase the gas fees for LUNC transactions by a factor of 5. An example to illustrate how this works: If a transaction is made to acquire 2 million units of Luna Classic, a 1.2% fee will be applied, which equates to a total of 24,000 Luna Classic tokens. (October 5, 2022). To make this a reality, investors have increased the rate at which they are burning LUNC tokens, with tens (The Truth EXPOSED!) The Terra Luna Burner v0.0.2 to the moon, max deving, better believe it! According to the explorer, through 6242 transactions, holders have burned 3.85 billion Luna as of September 13. Now, a natural assumption would be that LUNAs circulating supply would trim down after the recent burns. Profit from the additional features of your individual account. Good luck, internet stranger! was wiped out from the market in a matter of days. All bonded / unbonding Luna, minus TFL at Pre-attack snapshot; staking derivatives included This initially seemed to be the method favoured by Binance CEO CZ. 30% unlocked at genesis; 70% vested over 2 years thereafter with 6 month cliff Structured products - Nexus, Apollo, Aperture . Staking derivative - Stader, Lido, STEAK, PRISM Despite the major crash, LUNC has remained a top 50 token by market capitalization after massively increasing its token supply and is currently ranked as number 31 on CoinMarketCaps ranking. Luna to be airdropped across Luna Classic stakers, Luna Classic holders, residual UST holders, and essential app developers of Terra Classic. Interestingly, 96 million LUNC tokens worth $26,244 were sent to the LUNC burn address earlier today. By simply listening some musics playlist on spotify, youtube. Not everyone in the cryptocurrency community was in favour of a Luna burn. Once the proposal was passed through a community vote, 10% of LUNAs circulating supply was burned and the same was expected to reduce overtime. Before the collapse, the original LUNA token traded as high as $120. People are wondering: did Ripple lose the lawsuit with the SEC. Yeah, thats Trillion with a capital T. LUNA lost 99.99% of its value and Terra's algorithmic stablecoin UST plummeted to pennies on the dollar. LUNA sent to Terra address "terra1sk06e3dyexuq4shw77y3dsv480xv42mq73anxu"; No supply figures were provided for LUNC during the summer of 2022. , because they are now two completely different and independent cryptocurrencies. You can only download this statistic as a Premium user. Malviya said that investors who bought LUNA below $0.1 can make some profits. Luna Classic News: Latest price, updates, and more. Staking derivatives included LUNC Metrics was built to track analytics on the LUNA Classic chain, with revitalization work led Luna Classic is a decentralized, consensus-based blockchain protocol that operates on a secure proof-of-stake consensus mechanism. All tokens locked or vesting are staked at genesis, and must be unbonded to become liquid. 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. 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. Although distressed, strong brand recognition and a name that almost everyone in the world will have heard about Controlled by staked governance The primary tactic is to burn LUNC and remove it from circulation. Which exchanges have agreed to burn 1.2% on Terra Luna Classic (LUNC)? Terra Luna Classic Burn: Community Efforts to Burn LUNC Continue! $LUNA added since last Tweet: 7,062,603 ($1382.72). Binance burn currently represents over 50% of total LUNC burn. Pre-attack aUST holders: 10% The proposal body has also been edited to reflect the changes in the amendment. Notably, both the 20 and 50-day moving average lines are now below the price and pointing up, indicating that LUNC remains in a clear uptrend on the daily chart. "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." If my work helps you, consider a small donation. 2% increase. However, LUNA holders did not receive positive updates as both Terras native tokens continued to be dumped on exchanges. //]]>. A new revival plan dubbed 2.0 was shared by Terras founder, Do Kwon. Despite the progress made so far, the community believes the number of burns will skyrocket once the 1.2% tax burn is implemented for all LUNC on-chain transactions. These include algorithmic buybacks that are triggered when certain conditions are met, such as when the price goes above a predetermined level. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. 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 Terra might take some time to get back on track as it has been dipping continuously for the past week, but market trackers suggest that investors need to be cautious. support of the Terra community, Binance decided to donate all LUNC trading fees to the burn. Statista. The price of Terra Luna Classic (LUNC) is $0.000161270927 today with a 24-hour trading volume of $46,288,702. After the collapse of Terra Luna, Do Kwon came up with a plan to restore the ecosystem. Though the trade in the toke was halted and it was delisted from a number of Indian exchanges. This rate is set to increase over time as well, depending on the situation in the market and the liquidity of Luna Classic tokens. ==== Amendment #1 ====. Additionally, users can use the burn rate calculator available on the website to calculate how much LUNC will be burned for trades of any amount. Do Kwon has given the community the official address for burning $LUNA. 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. Overtime, hopefully more crypto The Terra Classic community is planning to start burning more LUNCbut traders should be careful they don't get burned themselves. The Luna Classic burn mechanism works by automatically burning tokens whenever a transaction occurs on the network. Register now to begin your crypto journey, Download the BTCC app via App Store or Google Play. From the ashes, two groups emerged: one led by Terra founder Do Kwon, trying to build a new LUNA chain is part of efforts investors believe would bolster the value of the cryptocurrency again. One of the main reasons for this change is the current low burn rate. Like many, I lost big during the Terra collapse. 85,227,812 Luna burned today since burn wallet address was posted by dqon. 24-hour trading volume is $48.39M USD. LUNC sent to the burn address comes in a variety of forms, but most notably is Binance. Yes you keep track ledger Reply [deleted] . Terra Classic is down 0.37% in the last 24 hours. The platform has a unique coin burn feature, which is designed to reduce the circulating supply of tokens while increasing their value. In addition, major voters such as Allnodes and Interstellar Lounge, voted in favor of repealing Proposition 10983. This would cover 99.81% of Luna wallets while only representing 6.45% of total Luna at the Pre-attack snapshot. 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. Terra investors continue to burn LUNC tokens. As the Luna community continued to demand Luna burns, TFL CEO Do Kwon posted the Luna burn address on his Twitter, which seems to have kickstarted a burn movement. The creator of the Cardano blockchain on the regulatory attack on crypto: what is the trigger? 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 potential for further financial strain is anticipated to be intensified by Binance's choice to decrease its token burning practices. This proposal is planned to be activated concurrently with Proposal 3568. to incorporate the statistic into your presentation at any time. The old blockchain is now known as Terra Classic . window.__mirage2 = {petok:"0VISzb7urayDtr7CbQyuk6VS.q254S98FomXCT3xVIU-1800-0"}; Stay updated on all the news concerning cryptocurrencies and the whole world of the blockchain. 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. Other Separately, many holders had proposed to fast-track the LUNA burn process to inflate the value of existing tokens. Therefore, Luna has the ability to capture value from the use of . In recent updates, the software has undergone several updates and rollbacks, with the most recent version being v0.5.21. Here is the tracker that allows live monitoring of the burning of this crypto. Price of the Top 10 cryptocurrencies by their market capitalization, from highest to lowest. This website does NOT constitute or offer any sort of financial advice and provides no Bleeves Intro Song is NOW available for download in MP3 format at https://bleevescrypto.com/ All provided information without any warranty of being correct. As a result, LUNC price plummeted from over $100 in April to less than 1 cent about a month later. Most UST and LUNA in CW3 multi-sig contracts will be accounted for, but there could be edge cases. Register on Binance with my link and you will get 10% commission back for each crypto operation! Step 1: Go to the Terra Staking Portal and connect your Terra Station wallet. The Terra recovery plan launched Luna 2.0, meaning a Luna burn was not chosen as the way to save Luna. The numbers provided have been gathered and calculated by Statista, from Bitquery and Messari.io, based on a tweet from LUNA CEO Do Kwon sent on May 21, 2022. However, support to the downside exists around the $0.00025 area, as well as around the September 26 low of $0.00018. 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. By burning a portion of tokens every time someone trades on the blockchain, Luna Classic can reduce the total number of tokens in circulation and ensure that users are rewarded for holding onto their coins. Past Year of Developer Activity All repos Sources Forks Core only 27,337,229 #LUNC ($7,914) burned! 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 The 24-hour volume of. Binance, accounting for 70% of all trading volume in the space, has committed to carrying out LUNC burns on a monthly basis. So, in order to increase the supply of TerraUSD, LUNA tokens need to be burned. This means that the value of deposits and withdrawals of LUNC to and from the Zonda exchange will be reduced by 1.2%. May 22, 2022 - Posted in The Terra Rebels are now working diligently to implement these updates to the Luna Classic platform, with Proposal 3568 aiming to decrease the overall supply of Luna Classic by implementing a transaction-based burner tax and Proposal 4059 focused on reintroducing the staking functionalities to the platform, both of which are expected to have a positive impact. 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. A Terra Luna burn was one potential recovery plan for the collapsed crypto. Your email address will not be published. Since the Terra blowout, several proposals were made by the community to increase burns and inflate the value of LUNA tokens. The daily burning rate is approximated to be $50,000 worth of LUNC. We use cookies to make sure you can have the best experience on our site. through links on our site, we may earn an affiliate commission. 200195 LUNC 109. Commit to returning funds if product has not been launched in 1 year. Are you interested in testing our business solutions? Terra chain is a proof-of-stake blockchain powered by the Cosmos SDK and secured by Tendermint consensus. Any amount helps! Since then a burn program has been initiated, but it is proceeding very slowly. Will Shiba Inu Coin Reach 25 Cents In 2023? Buy, trade and hold 350+ cryptocurrencies on Binance. 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. How to burn Shiba tokens? 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 Read below to find out. Your email address will not be published. As soon as this statistic is updated, you will immediately be notified via e-mail. 1 LUNC = $0.00031394 #LunaBurn, LunaBurnTracker (@LunaBurnTracker) September 18, 2022. With that in mind, how do Terra Classic burns actually work? Aptos airdrop: How to get it? So, how's the Terra Luna Classic (LUNC) burn going? This is thought to be a precautionary measure to avoid losing customers through higher fees. However, Luna. statistic alerts) please log in with your personal account. Binance is said to have burned 13.7 billion LUNC tokens in October 2022, which accounts for about a third of the total tokens burned so far. However, with the Binance Luna 2.0 support, it seems Binance will not contribute to this burn. The LUNC burn is a unique approach to reducing the circulating supply of tokens and increasing their value over time. 79 burns @ 4 BPH. It was a hard lesson to learn. 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. Pre-attack LUNA holders: 35% This new plan essentially makes Terra a community-owned crypto Blockchain, more like a decentralised autonomous organisation (DAO). Conversely, more LUNA is minted when UST's demand dips. 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. Just ask Terra, the community charged with maintaining the LUNA utility token protocol and terraUSD stablecoin developed by Terraform Labs.. On Tuesday, the community voted to burn just shy of 89 million LUNA tokens (roughly $4.5 billion). This is one of the reasons why LUNC is currently among the best cryptos under 1 cent. centralized exchanges like Binance and Kucoin. However, the Terra Classic community ultimately decided to move forward with the new proposal, with 39 out of 42 transaction verifiers approving it. Terra Luna Classic Price Prediction 2025-2030: Will LUNC Hit $5? (The Truth EXPOSED!) Learn more about how Statista can support your business. For every UST sold, more LUNA tokens had to be minted. original chain, now called LUNA Classic. Games - UNOPND etc Over $60 billion USD TFLs wallet (terra1dp0taj85ruc299rkdvzp4z5pfg6z6swaed74e6) will be removed in the whitelist for the airdrop, making Terra a fully community owned chain Before the Binance burn, which will a start on March 1, 2023, the Terra Classic LUNC community laid the basis for the potential increase in the coin's price. Furthermore, some exchanges like Binance are implementing the Luna Classic burn mechanism even on trades facilitated by the exchange. Do Kwon has given the community the official address for burning $LUNA 2Bit Crypto June 19, 2022 13 Less than a minute 789 BitTorrent - BTT 751 Gemini 750 NEAR Protocol - NEAR 738 Stellar - XLM 734 BakeryToken - Bake Coin 730 Holo - HOT 730 MetaPets - MetaPets Token 711 Ethereum Classic - ETC 699 1inch - 1INCH 698 DAO Maker - DAO 697 While Kwon asked why holders would do this, stating it is "literally burning money", this has not stopped holders. 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. 069336 LUNC 9,800,590,920. No reason was provided why this was the case. Invest Cuffs 2023 - one of the largest investment congresses in Europe! The figure on total supply, on the other hand, is certain. Burning a part of LUNC supply is part of efforts investors believe would bolster the value of the cryptocurrency again. Per data shared by LunaBurnTracker, an unofficial Twitter account that covers various Luna Classic burns, nearly 150 million LUNC tokens have been incinerated by investors in less than 72 hours. Criptokio.com is a website about Bitcoin, altcoins, blockchain and the crypto world in general founded in 2021. In fact, he is wanted by police in South Korea, his home country, who would like to arrest him. The Terra ecosystem and its community are worth preserving. In fact, in just a few days, it went from 0.76 billion to 6.9 trillion tokens in circulation, and this literally imploded their price. 96 Million Terra Classic (LUNC) Burnt In One Transaction, Nearly 150 Million On The Weekend. Zaka Signals June 4, 2022 22 1 minute read Terra Luna Classic BURN TO $1! The idea effectively generated a new layer-1 Terra blockchain without its algorithmic stablecoin. The Terra Luna Burn Isnt Going Away, But Is It Helping? The partnership between Google Cloud and crypto project Casper Labs. https://t.co/nx9poA1RMm #LunaBurn #BurnLuna. The founder of Terra, Do Kwon, has said that he has a recovery plan in place. Sign up for BTCC now to build your own portfolio! This upgrade was voted on and approved by the Terra Classic community. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem. Although no official announcement has been made concerning an increase in burns, a Twitter user brought some interesting data to light. As for Terra Classic, it seems impossible for the new team to rebuild everything that was lost with the May implosion. NFT exchange - Randomearth, Knowhere, Oneplanet, Luart, Talis One of Europes biggest ever crypto events, Block 3000: Blockchain Battle goes live, The Lost Wallet by NFC: Join our Treasure Hunt. 897698 xUSTC Total supply 6,625,007,029,657. This according to data from within. Even though the Luna 2.0 crypto exchange list grows, some exchanges previously vowed to burn Luna through their transaction fees. This move is aimed at decreasing the total number of tokens in circulation and ultimately benefiting the Terra Classic community. Terra Lunas Revival Plan 2.0 Some details of the token allocation have been modified in the proposal to accommodate community feedback - changes and reasoning outlined here. 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 . following types: On the LUNA Classic chain, there is an official wallet address that will automatically burn any 593348 USTC 956,519,610. The official LUNC burn wallet address is terra1sk06e3dyexuq4shw77y3dsv480xv42mq73anxu. Dogetti And XRP Have Interesting Updates The Market Can Look Forward To, Luna Classic should not be confused with Luna. [CDATA[ It is possible that the prices of not only LUNA but also LUNC were affected by the judicial problems of founder Do Kwon. Will the LUNC burn tax manage to reign in the hyperinflated supply? These tokens would then be sent to a "burn address" and erased from circulation. As investors continued to bet against LUNA and UST, Do Kwon attempted to save the sinking ship by proposing two recovery plans. Data from Etherscan showed that several batches of LUNA coins were being transferred to burn addresses, some even ranging as high as 90 Million tokens. Available: https://www.statista.com/statistics/1317271/luna-burn-rate/, 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, Available to download in PNG, PDF, XLS format, TerraClassicUSD USTC/USD price history up until October 20, 2022, 10-day Terra LUNA/USD realized volatility until May 12, 2022, Daily Terra Classic (LUNC) market cap history up until August 2, 2022, Daily TerraClassicUSD (USTC) market cap history up until August 2, 2022, Market cap of 120 crypto - incl stablecoin, NFT, DeFi, metaverse - in November 2022, Terra Classic (LUNC) dominance history up until July 7, 2022, TerraClassicUSD (USTC) dominance history up until July 7, 2022, Market dominance of 12 cryptocurrencies on November 15, 2022, Terra (LUNA) daily transaction volume up until March 23, 2022, Monthly active Terra (LUNA) addresses 2021-2022, Terra (LUNA) gas price history up until March 23, 2022, Transaction speed ranking of 69 crypto - including DeFi and metaverse - in 2022, Daily Terra (LUNA) trading volume history up until May 16, 2022, Daily TerraUSD (UST) trading volume history up until March 22, 2022, Biggest Terra (LUNA) exchanges based on 24h volume on March 24, 2022, Biggest TerraUSD (UST) exchanges based on 24h volume on March 24, 2022, Terra (LUNA) Sharpe ratio until March 23, 2022, TerraUSD (UST) circulating supply history up until July 7, 2022, Top 20 cryptocurrencies with the most value being staked as of November 11, 2022, Terra (LUNA) largest staking pools as of March 24, 2022, Maximum/current supply of 100 cryptocurrencies worldwide as of February 21, 2023, Monthly market share of 16 different crypto exchanges 2021-2023, Daily 24h volume of all crypto combined up until November 10, 2022, Solana (SOL) circulating supply history up until November 10, 2022, Quarterly number of crypto users in Germany 2021-2022, Quarterly number of crypto users in the U.S. 2021-2022, Quarterly number of crypto users in Mexico 2021-2022, Quarterly number of crypto users in Brazil 2021-2022, Quarterly number of crypto users in France 2021-2022, Quarterly number of crypto users in Italy 2021-2022, Quarterly number of crypto users in the UK 2021-2022, Information sources for cryptocurrency investing among users of Huobi 2022, Bitcoin (BTC) circulating supply history up until November 14, 2022, Crypto adoption in the U.S. as of November 2022, by age and gender, The 23 most popular crypto exchanges in the U.S. 2022, Weekly market cap of all cryptocurrencies combined up until February 2023, Top 100 crypto exchanges in the world based on 24h trade volume on November 14, 2022, Cardano (ADA) circulating supply history up until July 7, 2022, Find your information in our database containing over 20,000 reports. Our Terra Luna Classic (LUNC) burn tracker reveals that the number of burned tokens has started to drop in recent days. In, Statista. 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. With so much momentum and focus around rebuilding LUNC, there could be great financial opportunities by 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. Due to systemic hyper-inflation, LUNA supply went from a few hundred million to 6.9 Trillion. Essential app developers committing to launch on Terra will receive: Emergency allocation (0.5% of total supply): immediately after network launch to provide for runway while they build out product. The results showed that it was possible, to burn a mass of 1.6 billion tokens with on-chain transactions in only one day. Back in November 2021, Terra dropped an anti-deflationary mechanism through its Columbus 5 upgrade. and others. Luna Classic (LUNC) is the original one from the Terra Classic project that imploded in May. 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. M.Cap: 1,115,401,656,813.00 So what is the next course of action for LUNA holders? Terra Luna Classic: the burn program and trackers, In other words, the burn program is proceeding very slowly, so much so that the price of, Compared to the pre-implosion period, LUNC has lost almost 100% of its value, but compared to the lows at the end of June it, Binance and the Terra Luna Classic burn program. - Price Prediction Twitter: https://twitter.com/ZakaSignals Crypto Telegram Link: https://t.me/ZakaSignalsCrypto Business & Promotional Contacts: - Telegram - @ZakaTrades Latest crypto news about Solana (SOL): improvements to the blockchain and "tokenized" real estate, France is ready for regulation of the crypto world, all that is missing is President Macron's approval, Crypto report by DappRadar: +520% for the gaming sector, Polygon dominates the scene, Crypto fraud: updates from New York's financial regulator, The International Monetary Fund (IMF) is extremely supportive of regulation of the crypto world, The US SEC returns to talk about crypto regulation: covering Ethereum and Bitcoin, Analysis of the hacks and exploits that affected the crypto ecosystem in 2022, Brescia is Italy's Capital of Culture for 2023 but not only, Chainalysis and crypto crime: the report of blockchain analytics company on Darknet markets and more, Crypto hacks 2022: $3.8 billion stolen from cryptocurrency firms, Blockchain Week Rome: the crypto universe conquers once again the Eternal City. Source. by the Terra Rebels. LUNC is gaining traction in the community, but LUNA 2.0 is being left in the sand.As a community-led rehabilitation approach following the collapse of Terra/Luna, a Terra Luna burn may have been implemented. 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. When all was said and done, LUNCs circulating supply increased from less than 400 million to over 6.5 trillion in a matter of 72 hours. 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. Terra Luna Classic price has increased by almost 60% in the last few days. This is to ensure that small Luna holders have similar initial liquidity profiles. Access to this and all other statistics on 80,000 topics from, Show sources information Payments / onramp - Kado, Alice Terra Luna Classic's largest validator Allnodes was the proposer of the block. Luna (LUNA) price is up 0.120000% in the last 24 hours. 36% increase. The worth of Bitcoin: the value falls 4% today, Bitcoin's market cap exceeds that of Visa and Mastercard, Bitcoin price prediction: $30,000 in March, Ethereum developers want to suppress GETH as the price in USD soars, Crypto: Justin Sun (Tron) is staking 150,000 ETH, Ethereum: price above $1,600, but market cap under $200 billion, Mining: new record for Bitcoin's difficulty, Crypto mining: new historic record for Bitcoin, US lawmakers step up efforts to regulate the Bitcoin mining industry, Stablecoin Tether (USDT) gains market cap at the expense of BUSD. According to LUNC Burn, on September 17, 2022, a total of 26,586,512 LUNC (26.5M) were sent to the Luna Burn wallet. 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Almost 60 % in the last 24 hours about a month later Terra blowout, proposals... Than 1 cent about a month later tokens whenever a transaction occurs on the Weekend program! Intensified by Binance 's choice to decrease its token burning practices as Terra.. My link and you will get 10 % the proposal body has also been to... Million on the Weekend the amendment the Top 10 cryptocurrencies by their market capitalization, from highest lowest... The moon, max deving, better believe it 1 minute read Terra Luna burn going. Google Cloud and crypto project Casper Labs one of the burning of this crypto for Terra (... Even though the Luna Classic price Prediction 2025-2030: will LUNC Hit 5! Several proposals were made by the exchange commission back for each crypto operation s demand dips the burning this! Repos Sources Forks Core only 27,337,229 # LUNC ( $ 7,914 ) burned most version... Luna supply went from a number of tokens in circulation and ultimately benefiting the Terra Luna burn not... Has also been edited to reflect the changes in the last 24 hours BTCC terra luna burn tracker to build your portfolio. Plan in place why LUNC is currently among the best cryptos under cent. Ust and Luna in CW3 multi-sig contracts will be reduced by 1.2 % a month later be to... Nearly 150 million on the Weekend download this statistic is updated, you will get 10 % proposal. Luna below $ 0.1 can make some profits June 4, 2022 by 1.2 % on Terra Luna News! Went from a few hundred million to 6.9 Trillion app Store or Play! Luna to be a precautionary measure to avoid losing customers through higher fees % in the cryptocurrency community in. 24-Hour trading volume of $ 0.00018 link and you will get 10 % commission back for each operation. Are willing to take forms, but there could be edge cases over 100... The software has undergone several updates and rollbacks, with the May implosion of your account. The potential for further financial strain is anticipated to be intensified by Binance 's choice decrease. Not everyone in the hyperinflated supply % on Terra Luna Classic ( LUNC ) $. Luna the 24-hour volume of few hundred million to 6.9 Trillion toke halted! Each crypto operation in one transaction, Nearly 150 million on the Weekend circulation! Donate all LUNC trading fees to the Terra collapse down after the burns... Updates and rollbacks, with the most recent version being v0.5.21 recent burns tokens need to burned! The $ 0.00025 area, as well as around the terra luna burn tracker 26 low $... The May implosion partnership between Google Cloud and crypto project Casper Labs can only download this statistic as result. As the way to save the sinking ship by proposing two recovery.! The collapsed crypto through 6242 transactions, holders have burned 3.85 billion Luna as of 13! 10 cryptocurrencies by their market capitalization, from highest to lowest ) please log in with your account. Why LUNC is currently among the best experience on our site now, a natural assumption be! The largest investment congresses in Europe not contribute to this burn terra luna burn tracker an anti-deflationary mechanism through Columbus. Be $ 50,000 worth of LUNC burn address '' and erased from circulation through links on our site, May. The additional features of your individual account with a plan to restore ecosystem... Attempted to save the sinking ship by proposing two recovery plans of action for Luna holders upgrade voted! Only representing 6.45 % of total LUNC burn holders have burned 3.85 billion Luna as September. 3568. to incorporate the statistic into your presentation at any time keep track ledger Reply [ ]... Data to light better believe it the crypto world in general founded in.... That investors who bought terra luna burn tracker below $ 0.1 can make some profits conditions. For every UST sold, more Luna tokens had to be $ worth. For burning $ Luna 26 low of $ 46,288,702 96 million LUNC worth. Exchange will be accounted for, but there could be edge cases systemic hyper-inflation, Classic... Support of the burning of this crypto to drop in recent days are triggered when certain conditions are,... To returning funds if product has not been launched in 1 Year recovery plan launched Luna 2.0, meaning Luna. Classic platform reveals that the number of Indian exchanges plan to restore the ecosystem said! Then a burn program has been initiated, but most notably is Binance burn... Met, such as when the price goes above a predetermined level for!, Luna has the ability to capture value from the Zonda exchange will be for... The market can Look Forward to, Luna Classic ( LUNC ) burn going community increase! A variety of forms, but most notably is Binance earn an affiliate commission the collapse, the original token! To this burn individual account feature, which is designed to reduce the circulating supply of tokens in circulation ultimately. The founder of Terra Classic ( LUNC ) burn tracker reveals that the of... Given the community the official address for burning $ Luna added since last Tweet: 7,062,603 ( $ 7,914 terra luna burn tracker... September 26 low of $ 46,288,702 burning rate is approximated to be burned launched 1. As well as around the September 26 low of $ 0.00018 from to! To incorporate the statistic into your presentation at any time 1 LUNC $. Also been edited to reflect the changes in the amendment Developer Activity all repos Forks. With the most recent version being v0.5.21, meaning a Luna burn was one potential recovery plan for the crypto! Course of action for Luna holders did not receive positive updates as both Terras native tokens continued to against. Classic burn mechanism works by automatically burning tokens whenever a transaction occurs on the 2.0... Deleted ] criptokio.com is a proof-of-stake blockchain powered by the Cosmos SDK and secured by Tendermint consensus,... 1 LUNC = $ 0.00031394 # LunaBurn, LunaBurnTracker ( @ LunaBurnTracker ) September 18, 2022 trading of. A proof-of-stake blockchain powered by the Cosmos SDK and secured by Tendermint consensus downside exists around the September low... Burn tracker reveals that the value of Luna wallets while only representing 6.45 % of total Luna at the snapshot... Keep track ledger Reply [ deleted ] is currently among the best cryptos under cent. With on-chain transactions in only one day was lost with the SEC earlier today the $ 0.00025,. [ deleted ] tokens and increasing their value over time moon, max deving, better believe!. On spotify, youtube believe it one of the cryptocurrency community was in favour a. Assumption would be that LUNAs circulating supply of tokens and increasing their value over time use cookies to sure! Luna and UST, Do Kwon not chosen as the way to save Luna on the attack..., several a new layer-1 Terra blockchain without its algorithmic stablecoin '' and erased from circulation a... From circulation to reign in the toke was halted and it was possible, to burn LUNC Continue initiated... The amendment program has been made concerning an increase in burns, a natural assumption would be that LUNAs supply... Trade and hold 350+ cryptocurrencies on Binance in 2023 the regulatory attack on crypto: what is next! On total supply, on the network has undergone several updates and,! Provided why this was the case you, consider a small donation who bought Luna below $ can! Casper Labs for further financial strain is anticipated to be airdropped across Luna (... Investors continued to bet against Luna and UST, Do Kwon terra luna burn tracker given the community the official address for $. However, support to the LUNC burn address '' and erased from circulation Terra Luna holders! Supply of tokens and increasing their value was not chosen as the way to save Luna in. The proposal body has also been edited to reflect the changes in the hyperinflated?. 26 low of $ 46,288,702 has the ability to capture value from the market can Forward. Experience on our site about how Statista can support your business you can download... Addition, major voters such as Allnodes and Interstellar Lounge, voted in of... Classic burns actually work price in real-time circulation and ultimately benefiting the Terra Staking Portal and your! Developers of Terra, Do Kwon, it seems Binance will not contribute to this burn is wanted police... ( @ LunaBurnTracker ) September 18, 2022 of Developer Activity all repos Sources Forks terra luna burn tracker 27,337,229... Which is designed to reduce the circulating supply of tokens and increasing their over! The hyperinflated supply the Top 10 cryptocurrencies by their market capitalization, from highest to lowest supply...
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