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Huobi And BTCEX Joins Binance To Support 1.2% Tax Burn For Terra Classic (LUNC) Huobi And BTCEX Joins Binance To Support 1.2% Tax Burn For Terra Classic (LUNC)

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Terra Classic To Re-Open IBC Channels – Crypto News

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LUNC News Live Updates (December 5): The Terra Classic community has passed Proposal 10983 despite many raising concerns that it may cause Binance to revoke its LUNC burn mechanism. Binance recently burned almost 6.3 billion LUNC tokens on December 1st.

December is going to be crucial for Terra Classic amid new proposals and developments. The community looks for “LUNC at $1.”

live

2022-12-05T17:33:50+5:30

Terra Classic Price Soars Over 12% In A Week

Terra Classic price is trading at $0.000176. The price has soared nearly 2% in the last 24 hours and over 12% in a week. The community aims for $1, but influencers believe $0.001 is possible.

2022-12-05T17:31:10+5:30

IBC Channels To Cosmos Will Re-Open On December 6

Inter-Blockchain Communication (IBC) channel between Cosmos and Terra Classic to re-open on December. Initially, the opening date was estimated to be December 5.

2022-12-05T17:16:46+5:30

LUNC Community Passes Proposal 10983

Proposition 10983 has now passed by the Terra Classic community, with over 72% voting “YES” in the controversial proposal. The proposal will increase community pool funding to 50% and risks Binance to end its burn mechanism.

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