đ The Double Burn Strategy of Terra
To address immediate challenges, the #LUNCâ community is implementing the Tax2Gas mechanism, which will increase the mandatory burn rate from 0.5% to 1.5% per transaction. This approach aims not only to reduce supply but also to stimulate demand, which is essential for the tokenâs revitalization.
In parallel, the community also anticipates the monthly $LUNC burn from Binance, one of the largest #exchanges in the world, which conducts burns at the beginning of each month using the fees generated from the relevant #TradingPairs . This dual burn strategy, both at the community level and by major platforms, could have a lasting effect on the perception and value of LUNC and $USTC .
