Hi guys l have a question : lunat is designed

Question

Terra Classic - $LUNC

MIKEOO3

Hi guys l have a question : lunat is designed

to burn lunc supply. we saw past week the growth of lunat. why this had no impact to lunc?

#blockchain #cryptocurrency #english #luna

0

08.08.2022

11 ответов

14 просмотров

Paul

Total supply is still to large, burn amounts aren't large enough to impact price yet. I suspect alot of people have already brought into Lunc and are holding waiting for staking and burn tax to buy or will buy just before there implemetation. Hence why the price is so stable

0

08.08.2022

MIKEOO3 Автор вопроса

Paul
Total supply is still to large, burn amounts aren'...

the implementation do we know when?

0

08.08.2022

Paul

MIKEOO3
the implementation do we know when?

Target staking 26th Aug, burn tax middle September. There's a huge number of new wallets being set up on Terra Station 18,000 Lunc in one day 271 Luna as a comparison, I believe this is largely driven by holders getting ready for staking

0

08.08.2022

Paul

Paul
Target staking 26th Aug, burn tax middle September...

That's a lot of wallets for a dead coin 😂

0

08.08.2022

MIKEOO3 Автор вопроса

Paul
That's a lot of wallets for a dead coin 😂

l do not think is dead at all bro. l suppose you talk about burn chain. what about exchanges burn implement?

0

08.08.2022

Paul

MIKEOO3
l do not think is dead at all bro. l suppose you t...

It's clearly not dead, the burn is only on chain transactions, I'd like to see a comprehensive list of what that covers as I'm not clear on that

0

08.08.2022

MIKEOO3 Автор вопроса

Paul
It's clearly not dead, the burn is only on chain t...

l love lunc. luna 2 is a fiasco. what is your opinion on lunat?

0

08.08.2022

Paul

MIKEOO3
l love lunc. luna 2 is a fiasco. what is your opin...

Not an expert, burns are good but I've seen a few questions around if they're burning the volume of Lunc that they should be. CMC also have a warning on there chain/contract you can check out

0

08.08.2022

sv

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It's 2% tax on a new BNB shitcoin. How much of an ...

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0

09.08.2022

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Paul
Not an expert, burns are good but I've seen a few ...

I agree with you Paul

0

09.08.2022