🌕 Terra Luna Classic (LUNC) Burn Mechanism — With Real Numbers
collapsed in 2022, and the supply ballooned to 6.9T. Since then, the community has focused on reducing supply through ongoing burns.
How the burn works:
A 0.5% on-chain burn tax is applied to eligible transactions, permanently removing LUNC from circulation.
Binance contributes too, burning 50% of its monthly LUNC trading fees, which has meaningfully boosted the overall burn totals.
Burn stats:
Since May 13, 2022: 447.42B LUNC burned ✅
Last 7 days: 1,507,885,114 LUNC burned (≈ 215M/day) 📉
Supply snapshot:
Circulating supply: ~6.45T
Total supply: ~6.46T 📊
At the current pace:
~78.5B LUNC/year could be burned
In ~5 years (to 2031), circulating supply could trend toward ~6.06T
It’s not an overnight fix—but the burn is real, measurable, and consistent. Every burn reduces supply permanently, one transaction at a time.CFTC&#TrendingTopic