There have been notable USTC burns. Today alone, 333,000 USTC have been burned—significant figures for USTC.
The Terra Classic community is continuing its work on USTC staking. The mandatory testing phase is ongoing, and the on-chain USTC staking feature is coming soon.
With a strong USTC, LUNC will rise to the top. The USTC supply has already been significantly reduced... If USTC futures trading were not active, no one would be able to find USTC at these price levels.
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