Binance confirms an opt-in button for users to pay a 1.2% tax for LUNC trading
Binance support the LUNC burn of 1.2% for every trade on Binance?” I got asked this question on my Twitter space today. I spoke for a few minutes about it, but I want to take some time to answer this more in-depth, and actions we will take. A while back, I was asked about the LUNC burn on Twitter, and I responded that the project needs to implement it on chain first. This comment was a bit open to interpretation, and many people thought this meant that if it happens on-chain, Binance will implement all LUNC burning off-chain too. This is a wrong interpretation. I didn’t make any promises. My comment was simply that, as a business, we wouldn’t even consider implementing something that isn’t done on the protocol level first. Now, let’s consider it.
Source
https://t.me/Terra_Luna_Tron
