LUNC News: Terra Classic Community Passes Four Monumental Burn and Staking Proposals | Coingape

2 years ago 714

Four proposals related to increasing burn tax, LUNC burn, and staking were passed by the Terra Classic community. The proposals outline key changes including raising the LUNC burn tax to 0.5%, rewarding people for staking, whitelisting Dapps contracts, and increasing community pool funding. Fearing Binance withdrawing its LUNC burn mechanism, the community denied many proposals

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