Terra Luna Classic gets listed on XGo ahead of the Tax Burn
Recently, the Terra Luna Classic community voted to introduce a burn mechanism, which was formalized after the passing of governance proposal 3569 and 4159. As a result, LUNC protocol will introduce a 1.2% tax Burn on all on-chain transactions (inlcudes web/wallet contract interactions) within the Terra Classic ecosystem. This tax Burn will continue until the total supply of LUNC reaches 10 billion (as of writing, total supply of LUNC is c.6.9 trillion). The Tax Burn is anticipated to go live on 20th September 2022, once the block height reaches 9,475,200. After the tax burn mechanism is live, deposits and withdrawals of LUNC across all CeFi and DeFi platforms.
Source
https://t.me/Terra_Luna_Tron
