WebBasically they are going to burn luna to make ust to inflate the supply of ust and bring down the price of ust compared to USD. The arb opportunity is the difference between ust and USD. You can buy LUNA with USD on kucoin, and move to terra station to swap for ust. Then move ust to kucoin and rinse and repeat.
Did you know?
WebSep 26, 2024 · Chart: Terra Luna Classic Burn Rate Up Till September 2024. Since Luna Classic collapsed in May 2024, the number of assets burned made up less than 0.6% of … WebThe live Terra Classic price today is $0.000125 USD with a 24-hour trading volume of $46,151,596 USD. We update our LUNC to USD price in real-time. Terra Classic is up …
WebApr 10, 2024 · Terraport was established by the developer team TerraCVita to revitalize the Terra Luna Classic network and increase the LUNC burn rate. Hackers took over 9.5 million TERRA, 15 billion LUNC, and 5.5 million USTC. The funds have been transferred to MEXC Global and Binance. The team urged Binance and MEXC Global to immediately … WebBURN LUNC - Go Community we can!!!! We have to unite the entire LUNA community that supports LUNC to burn tokens, we have to take it to the range of 20,000,000,000 - 1,000,000,000 tokens, it can be done with a system that for each LUNC transaction 1-3% is burned until reaching objective that would increase the price. 🤓🤓🤓🤓. 109.
WebOct 24, 2024 · The tracker shows data from May 2024, since earlier the monetary policy of the then Terra project was different. So far, in five months, only 22.7 million tokens have … WebSep 26, 2024 · Terra Luna Classic (LUNC) Price Jumps 60% as Binance Launches Trading Fee Burn Mechanism By Valdrin Tahiri 26 September 2024, 11:20 GMT+0000 Updated by Ali M. 28 September 2024, 06:19 GMT+0000 In Brief Binance has implemented a burn rate for LUNC. LUNC is in the process of breaking out from a descending resistance line .
WebSep 21, 2024 · The latest news about cryptos, in our Telegram channel. The 1.2% Terra Luna Classic (LUNC) burn taxis now live. All transactions with the LUNCcrypto, in those …
WebJun 3, 2024 · In response to the slow rate of LUNC burning, the Terra community on Reddit has conducted various analyses on how long it would take investors to burn the entire 6.5 trillion circulating supply. A user estimated that if the community burns 60 million LUNC per day, it will take approximately 300 years to burn the crypto’s circulating supply ... orchard gardens hopewell hanover jamaicaWebNov 11, 2024 · At the time of writing, a coin called LUNC was trading at $0.00010120, a gain of 10.7 percent in the previous 24 hours. Similarly, LUNA was trading at $1.73, a 4.4% increase over the prior day’s close. Terra’s stablecoin USTC was also up 16.5% in the last day, trading at $0.02848968. Deposit and Receive Up to 3,500 USDT! orchard garden hotel san franciscoWebNov 28, 2024 · A burn may theoretically have the same effect on the supply, but the decision to restart the chain was a more nuanced one. Instead of 6.5 trillion Luna, this new chain will start with just 1 billion. The Luna’s holders hoped that by burning the coin, they would increase the scarcity of their coins, which would lead to a price increase back to $1. orchard gardens grantchesterWebOct 3, 2024 · Terra 2.0/LUNA $1.33 +0.53%. Yearn Finance $ +1.81%. Gala ... The crypto exchange Binance’s planned “burn” of luna classic ... the burn rate works out to a … ipsha sport nswWebApr 10, 2024 · Terraport is developed by the developer group TerraCVita to revive the Terra Luna Classic network and increase the LUNC burn rate. The platform received $2 million in funding in January, showing commitment to revive the Terra Classic network and support LUNC burn. The team successfully burned 100 million LUNC tokens in the debut week. orchard garden school bostonWebOct 19, 2024 · Terra Luna Classic community voted to reduce the LUNC tax burn rate from 1.2% to 0.2%, which could now take nearly 29 years to take 10 billion tokens out of … orchard gardens cooperative yuma azWeb3% Terra Burn Fee, calculations on how many Luna could’ve been burned. Discussion In 24hours a total of $1,360,380,107 worth of luna was traded, if a 3% burn fee was … orchard garden inn san francisco