hearing about burns but also seeing others saying the opposite.
Anything that's actually proven official?
A tax & burn proposal has passed but there has been no code written.
why?Do you have a chance to implement it?
This some burning through validators burning returns staked with them, not much yet but it's building and has great potential. Any big players join in the real fun starts. Some people also burning some of their own coins
Twiter terra link please🙏
Terra didn't make the proposal, it is up to the person who made the proposal.
Approved by the team? Is the team going to start burning, or the holders, or the money changers ??
code already put on waiting , check on forum and github
Plus this there's also momentum building here with some influencial players advocating now as well
The Transection fees gets high they collect the fee and will burn the token understand?
Are you happy the proposal passed? You have lunc too right before crash? Lol , can save people money if this burn implemented
Burning alone does not increase price. It decreases supply, but there must also be demand for the token.
Only the lunc team announces that token burning will take place soon, many buyers will attack to buy lunc and the price will go up sharply
Now that the market is red, the best opportunity is for the team to give good news about the lunc, and after the good news is announced, an attack is made to buy the lunc, raising the price.
Yes demand will increase when they introduce the burning mechanism
They are getting fooled by the illusion of burn, but there won't be any it was just a manipulation to pump the price, even if there would be a burn it will take at least 7 years.
7 years is great👌🏻
Terra labs is next year never in kryptomarket
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