The Terra governance system has voted to approve a proposal to burn all TerraUSD (UST) tokens held in the project’s community pool and UST deployed for past liquidity incentives on Ethereum. This amou...
Tag: Burn
Terra to burn 1B UST from the community pool as holders vote for it
In another attempt to support the revival of Terra (LUNA), the community voted to burn a large amount of UST from its community pool. Earlier in May, Terra founder Do Kwon explained that a potential ...
Terra’s New Blockchain To Go Live This Saturday As Community Votes To Burn Over 1 Billion UST Tokens ⋆ ZyCrypto
Advertisement     Do Kwon’s plan to revive the beleaguered Terra ecosystem appear to be coming to fruition. Developers have announced that the new Terra blockchain wil...
Terra Governance Vote To Burn 1.3 Billion UST Receives Overwhelming Support
Terra’s revival continues as core developers got the approval to burn 1.3 billion UST from its community pool following a crucial governance vote. The 1.3 billion UST set to be burnt amounts to around...
Proposal to Burn 1.3bn UST Tokens Wins Approval from Terra Governance
The Terra governance has approved the proposal to burn a certain amount of TerraUSD (UST) tokens. The tokens were held in the project’s community pool and also deployed for past liquidity on Ethereum....
Passive Earning, Deflationary, Bot Proof, Details About Shiba Inu Burn Portal Rewards Token ‘Ryoshi Vision’ (RYOSHI)
– Advertisement – The team has provided the necessary details about its trending reward token RYOSHI. Following the distribution of rewards to Shiba Inu holders who participated in the off...
Half Billion SHIB Destroyed, But Burn Rate Drops 27%: Report
Yuri Molchan Another stunning amount of SHIB goes into “furnace” thanks to persistent efforts of SHIB community Contents 525.2 million Shiba Inu destroyed Whales add big amount of SHIB As ...
Terra At Make-Or-Break Point As Community Burn Millions Of LUNA In Hopes Of A Huge Price Rebound ⋆ ZyCrypto
Advertisement     Terraform Labs’ founder, Do Kwon has cautioned “LUNAtics” against burning their LUNA tokens. Kwon was responding in a series of tweets to different f...
Do Kwon Warns Terra Community Not To Use LUNA Burn Address
Do Kwon’s co-founder and CEO of TerraForm Labs recently announced the Terra revival plan and received mixed reactions; many of them have questioned the effectiveness of a hard fork in reviving the fal...
Here Is Why Do Kwon Is Against the LUNA Burn Event! Will LUNA Price Find A Recover Pace ? – Coinpedia – Fintech & Cryptocurreny News Media
Many anonymous sources have connected with Terra community member “FatMan” and exposed facts about Terraform Labs co-founder Do Kwon’s monthly payments to quantitative trading firm Jump Crypto, as wel...
Do Kwon Advises Against Burning LUNA Days After Sharing a Burn Address
Earlier this month, the crypto industry suffered a huge setback after Terra’s algorithmic stablecoin UST depegged from the US dollar and caused LUNA to lose 99.9% of its value. Shortly after the crash...
Terra Co-founder Mentions Sending Token to Burn Wallet is Not a Good Idea
2 hours ago | 2 mins read Editors News The whole system’s failure has wiped out the ecology and shattered its trustworthiness. A situation where no multisig is involved is strange and hazardous. Theor...
Do Kwon shares LUNA burn address but warns ‘LUNAtics’ against using it
The recent Terra revival plan announced by Do Kwon, the co-founder and CEO of Terraform Labs, received mixed reactions as many questioned the effectiveness of a hard fork in reviving the fallen prices...
Terra founder Says Sending LUNA To Burn Address Is Not A Good As It Does Nothing ‘Except You Lose Your Tokens’
– Advertisement – Terra founder Do Kwon Says Sending LUNA To Burn Address makes you Lose Your Tokens and nothing else. LUNA and UST are still battling the heavy bearish sentiments hangin...
Major Milestone: 50 Billion Shiba Inu Burnt Since Burn Portal Launch In Less Than A Month
– Advertisement – Major Milestone Achieved, SHIB Burn Portal Officially burned 50 Billion Shiba Inu Tokens. Finally, the Dream of 50 Billion Shiba Inu Came True. SHIB Burn Portal achieves ...
Terra Initiates Voting On New Proposal To Burn Remaining Reserves – Coinpedia – Fintech & Cryptocurreny News Media
The effect of an impulsive loss has taken over $15 billion from crypto value. And there are reports recorded about self-harm by those who have lost most of their savings in UST. A Lot of people have s...
Burn The Remaining Terra USD (UST) Vote Passed But Failed to Execute Due to Technical Issues
– Advertisement – Terra’s Proposal to Burn UST Failed to Execute Due to Technical Issues. The team’s proposal to burn UST failed, as a new proposal is launched toward that effect. Terr...
Shiba Inu community continues to burn SHIB tokens
The rate at which Shiba Inu ($SHIB) tokens are being burned has jumped 800% to a brand new record of 12.8 billion tokens shortly once the cryptocurrency’s burn portal started distributing $RYOSHI rewa...
Socios fan tokens rally 40%+ after Chiliz rolls out mainnet upgrade and token burn plan
In times of high stress and market turmoil, sports entertainment has served as a valuable escape for people around the world as they get a chance to root for their favorite players and teams while bri...
12.42 Billion Shiba Inu Burnt In 24 Hours As Shib Burn Rewards Increase Burning Curiosity
– Advertisement – 12.42 Billion Shiba Inu Tokens Burnt In 24 Hours. Shiba Inu Community has burned over 12.42 billion SHIB in the last 24 hours. Thanks to the first distribution of Shiba...
Is SHIB worth getting after burn rate jumps 800%?
Shiba Inu SHIB/USD is a cryptocurrency categorized as a meme coin that was launched by an anonymous founder known as Ryoshi. It was inspired by another popular meme coin known as Dogecoin DOGE/USD, wh...
Shiba Inu Burn Portal Prizes Are Now Available To $SHIB Burners
The SHIBArmy has burned over 29.4 billion tokens for a 9.6 percent APR. According to Etherscan data, one huge SHIB burning address that burned 1.3 billion tokens has collected roughly $6,500 in RYOSHI...
Shiba Inu Burn Rewards Distribution Starts: Here’s How Much Rewards You Can Earn By Contributing To Shib Burn Portal
– Advertisement – Shiba Inu Team Begins Distribution of RYOSHI Rewards to SHIB Burn Portal Contributors. The much-anticipated rewards for users who have participated in the official Shiba ...
Will Do Kwon Heed The Call To Burn Terra Instead Of Forking, Community Wants Nothing Else But LUNA Burns
– Advertisement – Terra (LUNA) community wants nothing else but LUNA burning. The collapse of the Terra Luna ecosystem was a huge shock to the crypto industry. It reveals a fundamental fla...
Canada-based Payment Gateway FCFPAY To Burn Shiba Inu
– Advertisement – Canada-based Payment Gateway FCFPay To Incorporate “SHIB Burning Mechanism” Into Their Payment Gateway. Canada-based Payment Gateway, FCFPay plans to contribute towards...
Binance CEO Says Buy Back Or Burn Terra (LUNA) To Create Value, Confirms Exchange Doesn’t Hold UST
– Advertisement – Binance CEO Says The Exchange Doesn’t Hold Any UST and Terra team should Burn LUNA to help price recover. It’s been a devastating week for Terra Luna and UST after the cr...
More Than 750,000 MATIC Have Been Burned Since Launch of Burn Mechanism
According to Stader Polygon, more than 750,000 MATIC have been burned over the past three months. As seen on the Polygonburn website, a total of 1,642,831 MATIC (1.6 million) have been burned so far. ...
Terra Initiates Proposal to Burn Remaining UST
A new proposal with additional points added to Do Kwon’s initial rescue plan for UST was presented on May 12. Do Kwon is the CEO of Terraform Labs. The proposal, named “Agora,” initi...
Terra to burn $1.4B UST and stake 240M LUNA to ‘stop the bleeding’
The Terra rescue story continues to unravel. In a tweet thread, the Terra Money Twitter account went into greater detail regarding the CEO of Terraform Labs, Do Kwon’s, rescue plan for UST. The thread...
Terra’s Rescue Plan: $1.4B UST Set To Burn, While 240 million LUNA Being Staked – Coinpedia – Fintech & Cryptocurreny News Media
Do Kwon’s first rescue plan included enlarging the base pool, burning UST, and staking LUNA, according to the Terra’s Twitter account. Terra feels that the downward pressure on UST’s peg is diluting L...
TerraForm Labs proposes to burn $1.3B in UST to save LUNA
Terraform Labs proposed to burn a total of $1.3 billion worth of UST to save LUNA to combat the current crisis. A three-step emergency plan was posted on the project’s Twitter account, which included ...
Coinbase stock is trading as if the company ‘will burn through all of its cash’
A brutal quarter for Coinbase amid a sharp downturn in crypto prices and trading volumes has only emboldened the bear case on a stock already down 71% on the year. “With shares of Coinbase Globa...