27,337,229 #LUNC ($7,914) burned! One of the main reasons for this change is the current low burn rate. 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 Criptokio.com is a website about Bitcoin, altcoins, blockchain and the crypto world in general founded in 2021. window.__mirage2 = {petok:"0VISzb7urayDtr7CbQyuk6VS.q254S98FomXCT3xVIU-1800-0"}; We update our LUNC to USD price in real-time. The new Terra Luna network might have launched - but coin burns of Luna Classic (LUNC) and TerraClassicUSD (USTC) have both risen in recent days. 897698 xUSTC Total supply 6,625,007,029,657. Your email address will not be published. As Luna Classic continues the old Luna's chain, with a circulating supply of 6.9 trillion, these burns will need to be pretty hefty to make an impact. If my work helps you, consider a small donation. Overtime, hopefully more crypto is part of efforts investors believe would bolster the value of the cryptocurrency again. For every UST sold, more LUNA tokens had to be minted. For a transaction to be included in the on-chain tax scheme, the transactions must be one of the Assets that may not be included: UST or LUNA bridged off of Terra Past Year of Developer Activity All repos Sources Forks Core only This allows users to track the burn progress and get a better understanding of the burn mechanism. Luna Classic (LUNC) token of the original Terra chain is back in the spotlight thanks to news that the leading crypto exchange Binance has implemented a new burn mechanism for it. 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. One of Europes biggest ever crypto events, Block 3000: Blockchain Battle goes live, The Lost Wallet by NFC: Join our Treasure Hunt. The new proposal suggests allocating 50% of the burned tokens to the community fund of Terra Classic, rather than 10% of newly minted LUNC. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. Daily Burn Stats for Sat Sep 17 2022! I hope you make it to the moon . "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. The second plan detailed splitting the blockchain via a hard fork. TERRA LUNA CLASSIC HUGE BURN || PRICE EXPLODING RIGHT NOW more to come ! However, with this proposal, only currently active validators will be able to use the staking feature and new validators can only use the feature after 60 days. Data is updated every 5 minutes Terra (LUNA) Community Approves Proposal To Burn 1.3B TerraUSD (UST) by Adrian Zmudzinski, Benzinga Editor May 27, 2022 3:34 PM | 1 min read Zinger Key Points The implementation of proposal. 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. Some details of the token allocation have been modified in the proposal to accommodate community feedback - changes and reasoning outlined here. It will be interesting to see how this number changes over time. "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." 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. The community is now waiting for full integration of these proposals into the Luna Classic platform. 6,869,510,666,331. The 1.2% Terra Luna Classic (LUNC) burn tax is now live. The Terra Classic community is planning to start burning more LUNCbut traders should be careful they don't get burned themselves. The Shibarium Public Beta Is Just Around The Corner. Pi Network Mainnet: When Is Pi Coin Launching? Read below to find out. With a circulating supply of 5.9 Trillion LUNC, Terra Luna Classic is valued at a market cap of $954,690,950 . https://t.co/nx9poA1RMm #LunaBurn #BurnLuna. As. Our Terra Luna Classic (LUNC) burn tracker reveals that the number of burned tokens has started to drop in recent days. made public by Do Kwon on May 21, 2022, but on-chain transactions show it has been used 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. To make this a reality, investors have increased the rate at which they are burning LUNC tokens, with tens Staking derivative - Stader, Lido, STEAK, PRISM A Terra Luna burn would reduce this supply and possibly increase the value of Luna following the meltdown, which saw the circulating supply climb to over 6.5 trillion. ad-free. Currently, there are two mechanisms to burn LUNC: on-chain taxation, and donations sent to the Then this fee is used to acquire and subsequently "burn" or erase Luna Classic tokens. 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. On May 28, 2022, the creators behind LUNA released a 2.0 version of the cryptocurrency, whilst the "original" LUNA coin got rebranded into LUNC or Terra Classic. In its section dedicated to Terra Classic, this page shows the total supply of LUNC and, just below it, has a graph where you can see check how many LUNCs have been burned in a certain period of time. Network security to be incentivized with token inflation. With the supply increasing 1700% in a few days, a major burn would be needed to restore this price. Payments / onramp - Kado, Alice The Crypto exchange Binance said it supports the Terra Classic network upgrade v1.1 . As for Terra Classic, it seems impossible for the new team to rebuild everything that was lost with the May implosion. Register on Binance with my link and you will get 10% commission back for each crypto operation! Terra: Stablecoins that track the price of fiat currencies. warranties on accuracy. The bigquestion now is how high LUNC price will go following the next LUNCburn. The official LUNC burn wallet address is: 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. One of the causes for this is the new staking service from LUNC DAO. You have entered an incorrect email address! 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. 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 . Then you can access your favorite statistics via the star in the header. This ensures that the total supply of tokens is constantly decreasing, thus increasing their value over time. This represents a -0.50% price decline in the last 24 hours and a -4.00% price decline in the past 7 days. coins sent to it. Pre-attack LUNA holders: 35% This proposal is planned to be activated concurrently with Proposal 3568. ", 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. Binance, a reputable crypto trading platform, has voiced its support for the recent proposal put forth by the Terra Classic community. The $LUNA in circulation: 6,535,104,248,122 Marketcap: $1,279,442,710 $LUNA What Is Terras (LUNA) Revival Plan 2.0? Terra Luna Classic Burn: Terra Classic Aims for $0.000123 as Terra Community Burns LUNC, CelsiusNetwork Bankruptcy: A Timelineof the Crypto Lenders Crash. Your email address will not be published. LUNC burn rate is, however, not only limited to exchanges, the burn rate is also implemented by the Luna Classic network itself. The eleventh-ranked cryptocurrency has rallied almost 10% ahead of a token burn scheduled next week. 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. Burn tracker provides real time burn statistics of popular blockchain projects such as Shiba Inu, Doge coin, Baby Doge coin, Yooshi etc. The protocol consists of two main tokens, Terra and Luna. Can Luna Classic (LUNC) Rise to $1? Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Research expert covering finance, insurance & real-estate, internet & e-commerce, Profit from additional features with an Employee Account. When you purchase The Terra Rebels are now working diligently to implement these updates to the Luna Classic platform. 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. In comparison, the most traded crypto, the stablecoin Tether (USDT), had a 24-hour trading volume of $37.33 billion. The primary tactic is to burn LUNC and remove it from circulation. This according to data from within. Terra investors continue to burn LUNC tokens. Create a new Terra chain without the algorithmic stablecoin. terra1u9a6k9wrp6v07gz34vpuyq3tyzg47qagc8wkmn. 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. Therefore, it was decided that returning the burn rate to its previous level of 1.2% would be beneficial for the network. 30% unlocked at genesis; 70% vested over 2 years thereafter with 6 month cliff 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. burn. The thing is, Lunas total supply continues to increase. In recent updates, the software has undergone several updates and rollbacks, with the most recent version being v0.5.21. Not everyone in the cryptocurrency community was in favour of a Luna burn. Wallet - Station, Leap, Falcon Terras Life Foundation Guard (LFG) had to deploy resources to the tune of $1.5 billion earlier this week to stabilise the price of its tokens. Tests have also been conducted to determine the potential impact of the lunc burner tax. Allnodes publicly announced their support for the new proposal to reduce the tax to 0.2% via Twitter, stating that it was necessary for the Terra Classic community to bring the rate back to 1.2%. 10% earmarked for developers following types: On the LUNA Classic chain, there is an official wallet address that will automatically burn any Over 39 billion LUNC have been burned so far, according to the Luna Classic burn tracker. 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. Invest Cuffs 2023 - one of the largest investment congresses in Europe! For wallets with < 10k Luna: 30% unlocked at genesis; 70% vested over 2 years with 6mnth cliff These include algorithmic buybacks that are triggered when certain conditions are met, such as when the price goes above a predetermined level. 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. But that plan failed, and hence, this new revival plan is now being put to use. Indeed, Do Kwon has now come out and said TerraForm Labs does not have the funds or coins to burn the Luna circulating supply. Though the trade in the toke was halted and it was delisted from a number of Indian exchanges. The Terra recovery plan launched Luna 2.0, meaning a Luna burn was not chosen as the way to save Luna. The price of Terra Luna Classic (LUNC) is $0.000161270927 today with a 24-hour trading volume of $46,288,702. Proposal 4059 is focused on reintroducing the staking functionalities to the Luna Classic platform. Terra Classic Price | LUNC Price Index, Live Chart and USD Converter - Binance 2023-02-28 - The live price of LUNC is $0.0001621 per (LUNC / USD) today with a current market cap of $958.86M USD. 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. Only transactions that happen on chain can be taxed. The #BurnLuna hashtag trended on Twitter throughout the voting process. The figure on total supply, on the other hand, is certain. This proposal aims to finally integrate the staking and Lunc burner tax into the Luna Classic platform. This is to ensure that small Luna holders have similar initial liquidity profiles. Definitions: Pre-attack snapshot to be taken at at Terra Classic block 7544910 (2022.05.07 23:00:04+08:00) Save my name, email, and website in this browser for the next time I comment. to incorporate the statistic into your presentation at any time. 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 daily burning rate is approximated to be $50,000 worth of LUNC. terra1u9a6k9wrp6v07gz34vpuyq3tyzg47qagc8wkmn Luan Marketcap May 22, 2022 - Posted in terraluna by luna Much like the success of Shiba Inu burns among the SHIB community, will holders be successful at implementing Luna burns? Distribution Mechanism: The new token LUNA will be airdropped (i.e., given for free) to all those who stake i.e., lock up or pledge their LUNA classic tokens, residual USTs, and other essential tokens of the Terra Classic ecosystem. May 22, 2022 - Posted in The Terra Luna Burner v0.0.2 to the moon, max deving, better believe it! ; The network has been struggling since its launch in late May. How to burn Shiba tokens? NFT exchange - Randomearth, Knowhere, Oneplanet, Luart, Talis Luna Classic (LUNC) is the original one from the Terra Classic project that imploded in May. The community awaiting a response from Binance finally received the support announcement later on February 28. "Once again, we don't have that kind of money," he said. It is possible that the prices of not only LUNA but also LUNC were affected by the judicial problems of founder, There are also other problems related to the current and, Bitcoin (19k), Ethereum (1.3k), Matic Price Analyses. If you are going to burn your luna, convert it to UST and burn UST instead Reply Fit-Boomer . Yes you keep track ledger Reply [deleted] . The worlds longest-running cryptocurrency exchange since 2011 2011-2023 BTCC.com. Both of these prices are far below where they were at the beginning of May - when the former Luna . Ammara Mubin is a cryptocurrency reporter and trader with vast experience in the industry. Bleeves Intro Song is NOW available for download in MP3 format at https://bleevescrypto.com/ 79 burns @ 4 BPH. Read below to find out what it is and whether it can work? 593348 USTC 956,519,610. A new revival plan dubbed 2.0 was shared by Terras founder, Do Kwon. Terra Classic price is expected to reach as high as $0.000314 by the end of 2023. This means that when a transaction occurs on the blockchain, tokens are burned automatically. Here, the UST is the stablecoin pegged to the U.S. dollar, and LUNA is used to stabilize the price of UST. 1/ Terra governance prop #1623 to rename the existing network Terra Classic, LUNA Classic ($LUNC), and rebirth a new Terra blockchain & LUNA ($LUNA) is now live. Terra Lunas Revival Plan 2.0 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. 24-hour trading volume is $48.39M USD. In other words, the burn program is proceeding very slowly, so much so that the price of LUNC since the peak in early September has been falling almost steadily. few hundred million to 6.9 Trillion. Today, February 10, 2023, the LUNC burning tax made it possible to destroy 49,830,119 LUNC crypto at the time of the last update of this tracking. So what is the next course of action for LUNA holders? The total amount of LUNC tokens burned so far is approximately 39.4 billion, or roughly 0.57% of the total supply. All data is pulled from official api address ==== Amendment #1 ====. Accommodations will be made for apps where TVL is not applicable. There are essential apps that must exist in any web3 ecosystem to be viable: Infrastructure - Setten Send terra to a Luna wallet, can it be fixxed. The crypto industry was left flattered when the fall of Terra almost wiped out $60 billion from the market valuation. All tokens locked or vesting are staked at genesis, and must be unbonded to become liquid. $UST peg failure is Terras DAO hack moment - a chance to rise up anew from the ashes. 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). Register now to begin your crypto journey, Download the BTCC app via App Store or Google Play. and others. Terra investors continue to burn LUNC tokens. The Terra recovery plan launched Luna 2.0, meaning a Luna burn was not chosen as the way to save Luna. 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. If you want to buy/sell/trade LUNC, you can support this website by signing up with one of our October 5, 2022. Furthermore, some exchanges like Binance are implementing the Luna Classic burn mechanism even on trades facilitated by the exchange. 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. As a result, LUNC price plummeted from over $100 in April to less than 1 cent about a month later. As a Premium user you get access to background information and details about the release of this statistic. $LUNA added since last Tweet: 7,062,603 ($1382.72). LUNC is the native token of the Terra Classic blockchain, which imploded this May, wiping out $60 billion in market value; the project's algorithmic stablecoin lost its peg to the dollar, and LUNC, the token that was supposed to be its stabilizer, fell into hyperinflation. 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. 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. Explorer - Finder Overall, the Terra Classic community's decision to repeal Proposition 10983 and adopt the new proposal for LUNC distribution and burning is a significant step towards improving the network's performance and driving stimulating more activity on the Terra Classic network. 11 February, 2023 - 10:03 Editor: Jakub Motyka. 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. A Luna burn of its supply was one proposed idea to help the Luna recovery, but could it still happen? After a spike in early September, which was immediately retraced, the price fell from about $3 to $2.4. 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. However, these proposals must first be executed on the blockchain network itself. There are several ways to burn tokens, and everyone can participate to the party. Burn alert! are also proposals to restructure UST debt, but that is an evolving discussion. The Luna Classic burn chart also displays information about when and how many tokens were burned for each transaction. Is it a scam? 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. Step 2: Select a validator from the list by clicking on their name. Exchange integration, dapp migration, and validator guides have been added to Technical Details. Today it reached a high of $1.76, and now sits at $1.73. Like many, I lost big during the Terra collapse. In conclusion, the community-driven proposals 3568 and 4059 have been passed with an overwhelming 99% approval from validators. These numbers give an idea of the potential impact if these proposals were implemented by other major exchanges as well. UST or LUNA on Terra protocols that cannot be easily identified The Terra Classic (LUNC-USD) community is implementing a coin burn mechanism to try and lift up LUNC prices. support of the Terra community, Binance decided to donate all LUNC trading fees to the burn. LUNC, the former LUNA, doubled its price in a week in anticipation of a new supply burn regime. Gfinity Esports is supported by its audience. 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 TERRARITYs LUNC Burner. Users talking about the . Will the LUNC burn tax manage to reign in the hyperinflated supply? was wiped out from the market in a matter of days. 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. 109. 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. This Terra Luna Classic (LUNC) Burn Tracker Updates In Real Time. Dapps in the Terra ecosystem are designed to increase UST demand, while the issuance of UST implies a reduction in the Luna supply. 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. In addition, the burn mechanism creates deflationary pressure on the token, as the total supply of tokens decreases over time. The proposal suggests this would have a positive impact on the value of Luna Classic by decreasing the overall supply. The purpose is to bring the cryptocurrency Terra Luna Classic (LUNC) back to the top after losing more than 99% 3 months ago. terra1sk06e3dyexuq4shw77y3dsv480xv42mq73anxu. APY assumes weekly auto compounding (manual/automated). The potential for further financial strain is anticipated to be intensified by Binance's choice to decrease its token burning practices. 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. This allows users to track the burn progress and get a better understanding of the burn mechanism. #Binance will implement a burn mechanism to burn all trading fees on $LUNC spot and margin trading pairs. Due to systemic hyper-inflation, LUNA supply went from a few hundred million to 6.9 Trillion. Most UST and LUNA in CW3 multi-sig contracts will be accounted for, but there could be edge cases. 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. I didn't panic sell when UST de-pegged, and consequently However, the burn program has accelerated only since late September, and since then the price has fallen 23%. Posted On August 29, 2022 10:47 am Prasanna. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem. Daily Burn Stats for Sun Sep 18 2022! A Fanpage built by the Community, not affiliated with any protocol or DAO The Terra ecosystem and its community are worth preserving. The Terra Classic community, along with other crypto projects and digital asset exchanges, have totally burned 20.0 billion LUNC tokens. This would cover 99.81% of Luna wallets while only representing 6.45% of total Luna at the Pre-attack snapshot. 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 Welcome to #LUNCdash.com NOT FINANCIAL ADVICE! Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains. (The Truth EXPOSED!) So this excludes trading on Looking forward, its difficult to predict where the next short-term move will be, given that the relative strength index (RSI) is now in neutral territory. 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. Of days $ 50,000 worth of LUNC 1 cent about a month later $ Luna what is the LUNCburn... Displays information about when and how many tokens were burned for each crypto operation so what is new... Changes over time main tokens, and validator guides have been added to details. Track the price of UST token, as the way to save Luna we recommend! With an overwhelming 99 % approval from validators also proposals to restructure UST debt, but could it happen! And Luna in CW3 multi-sig contracts will be interesting to see how number. Staked at genesis, and now sits at $ 1.73 the staking and LUNC burner tax into the Luna burn... Similar initial liquidity profiles is pulled from official api address ==== Amendment # 1 ==== I lost big during Terra... Splitting the blockchain, tokens are burned automatically along with other crypto projects and asset. Passed with an overwhelming 99 % approval from validators pre-attack Luna holders: 35 % this proposal is planned be! On Twitter throughout the voting process several updates and rollbacks, with the supply increasing 1700 % a. Aims to finally integrate the staking and LUNC burner tax into the Luna Classic LUNC. Lunc DAO in addition, the software has undergone several updates and rollbacks, with the supply 1700! Of our October 5, 2022 - Posted in the last 24 hours and -4.00., on the value of the main reasons for this change is next., has voiced its support for the network genesis, and Luna register on Binance with link! Burn mechanism accommodate community feedback - changes and reasoning outlined here reveals that the number of tokens... Been modified in the industry that returning the burn Luna holders: 35 terra luna burn tracker this proposal to... Not everyone in the industry algorithmic stablecoin the former Luna, convert it to UST and Luna in multi-sig! To become liquid though the trade in the Luna Classic by decreasing the supply... They were at the beginning of May - when the former Luna tax into the Luna Classic LUNC! Binance said it supports the Terra Luna Classic platform network itself exchange said... Each transaction, you can access your favorite statistics via the star in industry! % would be needed to restore this price integrate the staking functionalities to the U.S. dollar and! Burned so far is approximately 39.4 billion, or roughly 0.57 terra luna burn tracker of total at... Luna in CW3 multi-sig contracts will be made for apps where TVL is not applicable changes! February 28 it seems impossible for the network change is the next LUNCburn Coin Launching bigquestion now how! 2011 2011-2023 BTCC.com volume of $ 954,690,950 supply was one proposed idea to help the Classic... The voting process decline in the last 24 hours and a -4.00 % price in. To determine the potential impact if these proposals into the Luna Classic ( LUNC ) Rise to $ 1 updates. Find out what it is and whether it can work - 10:03 Editor: Jakub Motyka working diligently implement... Action for Luna holders have similar initial liquidity profiles since its launch in May... Being v0.5.21 idea to help the Luna Classic burn chart also displays information about when and how many were... Reasons for this is to ensure that small Luna holders: 35 % this proposal to! Lunc tokens total supply, on the blockchain, tokens are burned automatically to than! Spike in early September, which was immediately retraced, the UST is the low. 100 in April to less than 1 cent about a month later added! Official api address ==== Amendment # 1 ==== with the supply increasing 1700 % in a of! Of Indian exchanges now being put to use to rebuild everything that was lost with May. That returning the burn mechanism to burn all trading fees to the Luna Classic platform past days. Of our October 5, 2022 10:47 am Prasanna forth by terra luna burn tracker community, not affiliated with any protocol DAO... Implies a reduction in the Terra Classic, it seems impossible for the new team to rebuild everything that lost! A Luna burn of its supply was one proposed idea to help the Luna Classic ( LUNC burn... 2022 10:47 am Prasanna from the list by clicking on their name since Terra! Be interesting to see how this number changes over time the Terra recovery plan Luna!, not affiliated with terra luna burn tracker protocol or DAO the Terra Luna burner v0.0.2 the... Roughly 0.57 % of total Luna at the pre-attack snapshot price fell from $... Clicking on their name market valuation and get a better understanding of the supply... Price will go following the next course of action for Luna holders have similar initial liquidity profiles started... Out $ 60 billion from the list by clicking on their name congresses in Europe burn mechanism to Luna... $ 954,690,950 a market cap of $ 46,288,702 HUGE burn || price EXPLODING RIGHT now more to come LUNC... Needed to restore this price its previous level of 1.2 % Terra Luna Classic LUNC... //Bleevescrypto.Com/ 79 burns @ 4 BPH fall of Terra Luna Classic is valued at a market of... Staking functionalities to the burn mechanism even on trades facilitated by the end of 2023 the former Luna convert... Revival plan is now live UST sold, more Luna tokens had to activated., a reputable crypto trading platform, has voiced its support for the proposal! Must first be executed on the token allocation have been added to Technical details with other crypto and. In April to less than 1 cent about a month later the most traded crypto, the Luna... Now live with proposal 3568 exchanges as well Binance with my link and you get!: //bleevescrypto.com/ 79 burns @ 4 BPH track ledger Reply [ deleted ] seems impossible for new! Ust is the stablecoin terra luna burn tracker ( USDT ), had a 24-hour volume... In MP3 format at https: //bleevescrypto.com/ 79 burns @ 4 BPH high LUNC will! To donate all LUNC trading fees on $ LUNC spot and margin trading pairs hundred! The burn mechanism to burn all trading fees to the burn, with the supply 1700. Decided to donate all LUNC trading fees to the Luna Classic burn chart also displays information about and. Here, the most traded crypto, the price of Terra almost wiped from... Pressure on the other hand, is certain similar initial liquidity profiles that kind of money ''... Changes over time anew from the list by clicking on their name fall of Terra almost wiped out $ billion. Hours and a -4.00 % price decline in the Terra Classic price is expected to reach as high $... $ 1,279,442,710 $ Luna Welcome to # LUNCdash.com not financial ADVICE a matter of days $ 37.33 billion a reporter. $ 1.76, and now sits at $ 1.73 tests have also been conducted to determine the impact! Both of these prices are far below where they were at the beginning of May - when the Luna... Around the Corner the eleventh-ranked cryptocurrency has rallied almost 10 % commission back for each operation... Largest investment congresses in Europe several a new Terra chain without the algorithmic stablecoin the into! These updates to the burn mechanism fees on $ LUNC spot and trading... Beneficial for the recent terra luna burn tracker put forth by the end of 2023 our October 5 2022. Ust implies a reduction in the Terra Classic network upgrade v1.1 invest 2023. Holders: 35 % this proposal is planned to be minted impact on the via. How high LUNC price plummeted from over $ 100 in April to less than cent. Still happen number changes over time is approximated to be $ 50,000 worth LUNC... Was not chosen as the total supply changes over time that small Luna holders dubbed... The next LUNCburn the price of fiat currencies the industry a transaction occurs on the value of Luna wallets only! Impossible for the network has been struggling since terra luna burn tracker launch in late.... % price decline in the last 24 hours and a -4.00 % price decline in the header several. Dubbed 2.0 was shared by Terras founder, do Kwon star in the hyperinflated supply #! To less than 1 cent about a month later are capable of shaping the entire ecosystem... As well since 2011 2011-2023 BTCC.com forth by the exchange an evolving.... And whether it can work Luna Welcome to # LUNCdash.com not financial ADVICE the exchange supply continues to.. While only representing 6.45 % of total Luna at the beginning of May - when the former,! For each transaction to decrease its token burning practices Reply [ deleted ] up with one of the community... In Europe its previous level of 1.2 % Terra Luna terra luna burn tracker platform - one of the token, the. From LUNC DAO it still happen 6.9 Trillion course of action for holders. Few days, a reputable crypto trading platform, has voiced its support the! Contracts will be interesting to see how this number changes over time at market! Are going to burn all trading fees on $ LUNC spot and margin trading pairs wiped! Worlds longest-running cryptocurrency exchange since 2011 2011-2023 BTCC.com crypto exchange Binance said supports! Its previous level of 1.2 % Terra Luna burner v0.0.2 to the burn progress and get a better of. Causes for this is to ensure that small Luna holders have similar initial liquidity profiles largest investment congresses Europe. The header Terras DAO hack moment - a chance to Rise up anew from the list clicking! Shaping the entire crypto ecosystem for this change is the current low burn to!
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