10 billion, will everyone who has tokens in their wallets be burnt too?
Friend, I understand that the Lunc burns occurred on the daily volume and not for the holders?
If you make transactions, you will be taxed.
But in the case of the wallet that has 2 trillion tokens that could be from Binance, if you don't move it, will the 2 T remain the same then?
Yup. The volume of trades that generates burn. But the good news is that Lunc's daily volume is high
hello, it's been a month why the IBC transfer from terra classic to Cosmos Hub is not credited too? Not even refunded
It can't be credited or refunded, ibc is off.
Trade transaction ARE NOT on chain. These will no be burned on chain. Only transactions provide burn. The problem is: When you send to exchange, you send to hot wallet, when high amount are in a hot wallet 1.2% +1.2% these will be sent on chain to a cold wallet (1.2%+1.2% burn) when from cold wallet will be sent to hot wallet again 1.2%+1.2%, when are sent from hot wallet to customer wallet 1.2%+1.2% ? Right ? That’s why exchange usually DO NOT ALLOW taxed /reflection tokens onboard… often ask them to disable taxes or as it’s so difficult to implement for each single new exchange wallet, and costly, deny them list at all.
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