LUNC Burn Update: Binance, Validators Burn Over 1.5 Billion Terra Classic ($LUNC)

Binance, the world’s largest crypto exchange, has burned over 1.26 billion Terra Classic (LUNC) tokens in the fifth batch of Binance burn mechanism on trading fees. It is the first burn after passing Proposal 5234 that effectively reduced the tax burn from 1.2% to 0.2%. In total, Binance has now burned over 13.5 billion LUNC

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Author: toutiao