Terra Classic (which emerged after the Terra crisis) LUNC), passed some changes to the burn mechanism from the community.
The LUNC community hopes to stimulate network activity and attract new investors. number 5234 accepted the offer. After a week of voting and discussion, the proposal was recently passed through the community. akujiroKnown as the community member, he announced via social media that his offer was accepted.
Binance LUNC Updates Burn Mechanism
akujiro suggested that the network was not developed due to the high burn rates. He stated that with the reduction of burning taxes, they can get more network activity. His proposal attracted great interest and accepted by the community.
LUNC developer Alex Forshaw, that the vote went positive and that the community 83 percent He stated that he attended. About the participants 75 percenti voted yes to this proposal.
This offer numbered 5234, in the combustion mechanism 1.2 percentratio of 0.2 percent It will pull. In addition, taxes on transactions 10 per cent‘ will be spent on developing the network of popular cryptocurrencies.
Cryptocurrency exchange Binance announced that it will update the mechanism with its announcement. The exchange, which gives the biggest support to the LUNC network, will now use 0.2 percent of the taxes it receives. Binance is launching the new update today.
