KuCoin Will Support to Increase the Tax Burn of Terra Classic (LUNC) Network from 0.2% to 0.5%
Dear KuCoin Users,
It is noticed that the Terra Classic (LUNC) community has passed Proposal 11515, which will increase the tax burn of the Terra Classic (LUNC) network to 0.5%.
Therefore, KuCoin will support to increase the tax burn Terra Classic (LUNC) and Terra Classic USD (USTC) tokens when the 0.5% tax burn goes live at the Terra Classic block height of 12,902,399.
Related follow-ups to this subject will be announced separately as soon as possible.
For further information about the 0.5% Tax Burn, please refer to:
New Economic Policy for Terra Classic
11515 | Parameter change proposal
Thank you for your support!
The KuCoin Team
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