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LUNC News: Terra Classic Community Passes Four Monumental Burn and Staking Proposals | Coingape

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May 16, 2023
in 24/7 Cryptocurrency News, Altcoin News, LUNC, LUNC price, Terra, Terra Classic
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Four proposals related to increasing burn tax, LUNC burn, and staking were passed by the Terra Classic community. The proposals outline key changes including raising the LUNC burn tax to 0.5%, rewarding people for staking, whitelisting Dapps contracts, and increasing community pool funding. Fearing Binance withdrawing its LUNC burn mechanism, the community denied many proposals

The post LUNC News: Terra Classic Community Passes Four Monumental Burn and Staking Proposals appeared first on CoinGape.

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