The Terra Classic contributors within the blockchain have reduced the burn tax, which was applied to all Terra Classic (LUNC) transactions. Terra Classic is essentially the original Terra (LUNA/USD) c...
Tag: Burn
Terra Classic Developers Lower Burn Tax Rate To Revive Ecosystem
The Terra Classic community has passed a vote to reduce the “burn tax” as they look to revive the protocol’s on-chain activity. With the vote passed, each transaction will see a tax rate of 0.2%, adj...
Binance Lowers Terra Classic (LUNC) Burn Tax to 0.2%
11 hours ago | 2 mins read Altcoin News Consolidation charge for on-chain transactions like withdrawals and deposits: 0.2%. The exchange will also cut burn tax from 1.2% to 0.2%. Binance cryptocurrenc...
Binance Signals Support for New 0.2% LUNC Tax Burn
Binance announced updates to the deposit and withdrawal fees for LUNC and USTC on the Terra Classic network. This comes after the community passed proposal 5234, first presented by Akujiro, to lower t...
Terra LUNA Classic community reduces tax burn to 0.2%
Terra Classic community approved proposal 5234, which reduces 1.2% tax burn to 0.2% and reserves another 10% tax revenue for the ecosystem infrastructure and contributors. According to a LUNC develope...
Binance Reduces Terra Classic (LUNC) Tax Burn From 1.2% To 0.2%
– Advertisement – Binance Declares Support for Terra Proposal to reduce LUNC and USTC Tax Burn Parameters. The exchange has continued to foster its support for the Terra Classic project. U...
Data Shows How Badly Terra Classic Volume Affected After 1.2% Burn Tax Implemented
– Advertisement – Analysis of Terra Classic Data Sheds Deeper Insight on Effects of 1.2% Burn Tax on LUNC Volume. A LUNC proponent and software developer has shared deeper insight on the e...
Terra Classic (LUNC) Community Passes New Proposal Decreasing Burn Tax From 1.2% To 0.2%
– Advertisement – The Terra Classic community passes proposal 5234 in hopes of bringing back on-chain volume and incentivizing development. The Terra Classic community passed proposal 52...
Why Rhaenys Didn’t Burn The Greens When She Had The Chance
House Of The Dragon Credit: HBO In last night’s episode of House Of The Dragon, the Greens—led by Otto Hightower and Queen Alicent—make their move. King Viserys is dead, and within hours the Small Cou...
SHIB Burn Rate Jumps 584% as Millions of SHIB Sent to Dead Wallets
Tomiwabold Olajide So far, 410,382,016,984,249 SHIB have been burnt from initial supply of 1 quadrillion Per the Shibburn website, the burn rate of Shiba Inu has increased by 584% as millions of SHIB ...
Allnodes Burns Over 56 Million LUNC, Plans To Burn LUNC Weekly Till The End Of 2022
– Advertisement – LUNC validator Allnodes is set to burn LUNC weekly till the end of the year. In a tweet today, LUNC validator Allnodes urging members of the LUNC community to stake with ...
Professor Behind 1.2% LUNC Tax Burn Shares His New Plan
Edward Kim, a lead developer at Terra Rebels and Drexel University associate professor, proposes the Terra Classic Grants Program to attract new utility to Terra Classic (LUNC) chain. The program will...
Terra Classic (LUNC) Massive Burn on Binance
Altcoin News During the previous week, 4.39 billion LUNC were burned. Since the introduction of the burn mechanism, a total of 19.22 billion LUNC have been burned. According to a recent report, a grou...
SHIB Burn Rate Adds 590% as SHIB Token Hits Major Milestone
Yuri Molchan Amount of burned Shiba Inu has surged compared to previous day, while SHIB reached a few milestones Contents SHIB burn rate soars, so does SHIB price SHIB briefly became whales’ lar...
Should Terra Classic (LUNC) 1.2% Tax Burn Be Reduced? Here’s What Community Think
The Proposal 5234 has been in discussion these days in the Terra Classic community after Binance CEO “CZ” recommends lesser fees to increase Terra Classic (LUNC) burn rate. The community member Akujir...
ShibaSwap Will be Handling the Shiba Burn Portal
Prominent crypto exchange within the Shiba Inu’s ecosystem ShibaSwap announced the takeover of Shibburn portal in a blog published on 12th October 2022. The shiba burn portal currently falls under the...
Here Is How Terra Rebels Plan To Burn More Terra Classic (LUNC)
While most of the cryptocurrencies were facing a downtrend, there was one currency that was enjoying the price rise in backdrop. Terra’s new chain Terra Classic (LUNC) is the one which is having its h...
Terra Rebels To Introduce More Effective Ways to Burn Terra Luna Classic (LUNC)
– Advertisement – The group wants to accelerate ongoing Terra Classic (LUNC) burns. In a tweet today, Terra Rebels disclosed that there is a need to create more effective ways to burn Luna...
BNB is ideal for long-term investment, thanks to quarterly burn highlights
Binance just announced that it has completed its 21st quarterly BNB burn. For those that did not know, the crypto company has a quarterly auto-burn that takes a significant amount of BNB out of supply...
Binance Completes 21st Quarterly BNB Burn With $548M BNB Destroyed
Following its quarterly burn, the Binance (BNB) Chain has successfully eliminated $548 million worth of BNB, a move that has left the market relatively unaffected. Crypto exchange platform Binance in ...
SHIB Team to Host Burn Portal as Part of ShibaSwap
Alex Dovbnya The Shiba Inu team has taken over the burn portal after facing communication issues with Ryoshi Vision The Shiba Inu team has announced that it will continue to host the official SHIB bur...
CoinInn Burns 40M LUNC, Sets Goals for a 100M Token Burn With a New Terra Classic Wallet Initiative
– Advertisement – CoinInn has cumulatively burnt to 40M Terra Classic (LUNC) as it sets its eyes on a 100M burn threshold, promising a new Terra Wallet initiative. Due to the community’s...
Shiba Inu Completely Takes Over SHIB Burn Portal, Ends Relationship With Ryoshi Vision
– Advertisement – Shiba Inu ends its relationship with Ryoshi Vision and takes over Burn Portal operations. Leading canine-themed cryptocurrency project, Shiba Inu (SHIB), has announced th...
Terra Classic (LUNC) Burn Rate Spike 176,084% In A Day As Total Burns Surpass 18 Billion
– Advertisement – Ongoing LUNC burns gain momentum. Binance’s involvement in the ongoing LUNC burn has continuously increased the number of Terra Luna Classic tokens destroyed. According t...
S&P 500: 9 Tempting Stocks Burn Overeager Dip Buyers Every Time
It’s understandable S&P 500 investors try to jump in early when they see a rally — just in case it sticks. But that dip-buying strategy is only burning investors this year as the bottom fall...
Shiba Inu Makes It To The Bitmex Platform, Burn Rate Sees A 395% Rise
The popular cryptocurrency exchange, BitMex, recently announced the listing of six new cryptocurrencies on its platform. Interestingly, the Shiba Inu token, SHIB, will also be available for trading on...
SHIB Burn Rate Soars 395% as 155 Million Tokens Got Removed Last Week
Yuri Molchan Amount of Shiba Inu meme tokens burned on weekly basis keeps growing smaller Contents 155 million burned, rate rises 395% Whale buys 100 billion Shiba Inu The sum of Shiba Inu that was bu...
Lowest Ever Shiba Inu Weekly Burn Recorded Since Shib Burn Portal Launch
– Advertisement – Lowest Ever Shiba Inu Weekly Burn Recorded: Over 108.61 Million Burned in the Past 7 Days. Lowest-ever Weekly Shiba Inu Burn recorded since the launch of Shib Burn Portal...
SHIB Super Store Launches New Burn Method Via Fiverr
News Shiba Inu would be burned with 10% of all gig earnings. Since last week, burning activity in Shiba Inu has decreased. Based on the Amazon Affiliates Program, Travis Johnson found a novel method o...
Shiba Inu: New gaming center, 36k+ holders, and burn uptick could mean…
Data from the whale tracking platform, WhaleStats stated that a Shiba Inu [SHIB] whale withdrew 1.7 trillion SHIB from the crypto exchange Huobi. This could mean that the exchange outflow transfer to ...
A Unique Way to Burn Shiba Inu Via Fiverr Launched
– Advertisement – Shiba Inu (SHIB) can now be burned through Fiverr. Following Amazon Affiliate Program, Travis Johnson discovered a new way of burning Shiba Inu (SHIB). SHIB Super Store...