Is Terra Classic’s 1.5% Tax Helping or Hurting $LUNC? Terra Classic increased its transaction tax from 0.5% to 1.5% on August 2, with 1.2% allocated to burning $LUNC. The remaining 0.3% is divided equally between the Community Pool and Oracle Pool. Since the increase, approximately 8.91 billion $LUNC has been burned through the tax mechanism, despite declining taxable transaction volume. Average daily taxable volume fell approximately 49% compared with the selected pre increase baseline, highlighting the importance of balancing burns with network activity. The key question is whether Terra Classic can continue reducing $LUNC supply while maintaining healthy network usage. Read More : https://t.co/BtbOaBXSBs
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