Web15 hours ago · This isn’t the first time Koyo has burned a large amount of SHIB, as earlier this year the project moved 1.1 billion tokens to a dead wallet as well. Koyo, which exclusively debuted on the ShibaSwap DEX last month, has aided Shiba Inu in diminishing its vast supply by 8.75 billion SHIB tokens through various transactions directed to ... WebJun 30, 2024 · 57.8K subscribers TERRA LUNA BURN 1.2% BURN TAX? HOW MUCH WILL BE BURNED TO REACH $.01? What's up A-Team! Let's talk about the Terra Luna Burn and …
What Really Happened To LUNA Crypto? - Forbes
WebDec 19, 2024 · The total amount of LUNC tokens burned so far is approximately 39.4 billion, or roughly 0.57% of the total supply. Binance is said to have burned 13.7 billion LUNC … Web88.7 million LUNA tokens ($4.5 billion) will be burned and swapped for the stable coin (UST) Terra, the algorithmic decentralized stablecoin project will burn $4.5 billion worth of its native coin LUNA from its community pool. The decision was taken through Terra’s on-chain governance system. candice swanepoel shutterstock
Terra Classic Price ( LUNC ) - Binance
WebSep 20, 2024 · To create UST you have to burn Luna. So, for example, when Luna token's price was $85, you could trade one token for 85 UST. This deflationary protocol was designed to ensure there was long-term ... WebOct 22, 2024 · The burn will convert 10% of the total LUNA supply to UST. Terra's LUNA token is closing in on all-time highs. Investors are anticipating positive price action ahead of an update that will burn 10% of the total LUNA token supply. The Terra network's total value locked has reached a new all-time high of $10.22 billion. WebThis new chain will launch with 1 billion Luna, a huge decrease from 6.5 trillion. By burning the Luna, holders hoped this will increase the scarcity of their coins, pushing the price back towards $1. With the supply increasing 1700% in a few days, a major burn would be needed to restore this price. This initially seemed to be the method ... candice swanepoel shoe size