burned.
YOU REALLY THINK ANYONE DOING EFFORTS TO GET THE SUPPLY BURNED, PUTTING UP THE BURN PROPOSALS AND VOTES WANT LUNC TO TAKE 50 YEAR'S TO MAKE IT HAPPEN? Nooo nooo noooo.
Sorry bro. All the volume is on CEX. So your burn tax proposal is largely useless and yes it will take minimum 50 years to burn on chain - if not more lol
Dream on mate. Nobody is doing all this work to next wait 50 years to see it happen. Doesn't make sense at all
Exchanges have already confirmed they can’t / won’t add a burn tax. So how do you propose to burn a good portion of the supply with no transaction volume? 😂😂😂
You are right, they will burn instantly 90% of supply and the price will be $100000 LFG 😂😂😂😂💀
Binance said they would do everything asked of them. It's just one of the biggest exchanges out there. Probably nothing.
they are off chain. The burn proposal is on chain. Why is this so hard for you to understand. Binance would have to make trading fees 1.2% + whatever profit cut they want. Assuming they implement this (and they definitely won’t), You think your volume is gonna go up or down when people have to pay 1.2%+ each way 😂😂
Binance never mentioned anything, the only exchange that actually applied a burn was MEXC by buying back from trading fees and then burn it. And that’s only for a month
They also announced that it will stop because they lose funds
And now that same exchange (MEXC) has confirmed on Twitter they are NOT implementing the 1.2% tax in line with the on-chain proposal, as it would eat into their profits - and they are correct.
Of course, we’ve been saying this for days that exchanges won’t implement it. But these moonboys simply can’t comprehend, their greed makes them delusional
The whole concept of an algo stablecoin doesnt make sense lol
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