Binance will implement a burn mechanism to burn all trading fees on LUNC spot and margin trading pairs by sending them to the LUNC burn address.
Validity Period: 2022-09-21 00:00:00 (UTC) until further notice.
“Instead, we have decided to begin burning all trading fees collected on the LUNC/BUSD and LUNC/USDT spot and margin trading pairs on Binance. Fees will be converted to LUNC then sent to the burn address. The burn is paid at our expense, not the users’.” writes Changpeng Zhao in a tweet.
LUNC is going to be the most talked about comeback story in crypto history if it becomes successful.
Terra Classic stats
The $LUNC burns are turning into a marketing strategy, and it will be more interesting to see how the other exchanges react to stand out but is that what the community wanted?
Last Updated on 06/05/2023 by Emmanuel Motelin