Terra Luna Classic Votes on Proposal to Revise LUNC Burn Tax to 1.5%

Quick Summary:

This can significantly boost LUNC and USTC burn rates, increase funds in the Community pool and Oracle pool, and trigger a rally in LUNC price.

The Terra Luna Classic community is voting on the controversial proposal to increase the burn tax from 0.5% to 1.5% again.

At present, the proposal has received 43.24% “Yes” votes, with 16.01% “No” and 40.74% “No with veto” votes.

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Article Details

Author / Journalist: Varinder Singh

Category: Crypto

Markets: India

Topics: Altcoin News Lunc burn Terra Classic 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-19 @ 12:18:59 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 434 words

Reading Time: 3 minutes read

Sentences: 39 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 24548603

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