The announcement follows mixed responses from LUNC community members requesting revisions for Binance’s LUNC burning approach.
To support the Terra community’s efforts to revive the Terra LUNA Classic token, crypto exchange Binance announced an off-chain burning mechanism last week.
However, after receiving mixedthat the exchange will create an optional 1.2% tax when trading LUNC. Zhao added that they will roll out the 1.2% tax for all LUNC trading if traders who opt-in to pay the tax reach 50% of the total LUNC trading volume on the exchange, leaving the decision to users.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
LUNC Is Doomed as It Becomes Most Unprofitable Crypto Among Top 100$LUNC is the most unprofitable crypto among the top 100, here is why it is destined to fail lunc lunaburn lunaclassic
Leer más »
Binance to Implement Terra Classic (LUNC) Burn Mechanism on Trading Fees | Binance SupportFellow Binancians, In response to the LUNC community proposal on burning trading fees while maintaining a good trading experience for users, Binance will implement a burn mechanism to burn all trad...
Leer más »
LUNC Trading Volumes Jump 153% Amid Token Rebound; What's Happening?LUNC trading volumes increase by 153% as prices rebound; here's why $LUNC Terra TerraClassic LUNAtics LUNAClassicCommunity LUNCommunity
Leer más »
LUNC Price Skyrockets 25% in 5 Minutes as Binance Announces Major Update on Burning$LUNC up 25% in minutes as Binance provides major update on burning mechanism lunccommunity terraclassic lunc terra luncburn
Leer más »
Terra Classic (LUNC) Transfers on Binance (BNB) Will Be Taxed. When?.binance $BNB finally approves of implementation of $LUNC 'burn tax' mechanism: Details w/ WuBlockchain Binance
Leer más »
LUNC investors react to CZ's 1.2% trading tax recommendation on BinanceCZ backed LUNC burning but believes in community voting, allowing traders on the platform to finalize the suggestion, adding, “We listen to and protect our users.”
Leer más »