Luna Classic is implementing a 1.2% burn tax, in order to reduce the supply, and raise the value of each LUNC token. But will it work? In this video, we will cover the difference between on chain and off chain Terra Classic burns, and which exchanges are supporting the :Luna Classic Burn Tax.
Burn Proposal – https://classic-agora.terra.money/t/proposal-for-the-1-2-tax-parameter-change/46319
Kucoin – https://www.kucoin.com/news/en-kucoin-will-support-the-tax-burn-proposal-of-the-terra-classic-lunc-community-20220907
Binance – https://www.binance.com/en/support/announcement/22716ea110cd44f78376c0cd3a19f7f0
MEXC – https://support.mexc.com/hc/en-001/articles/10280807853721-MEXC-Will-Support-the-1-2-Tax-Burn-Proposal-of-the-Terra-Classic-LUNC-Community
FOLLOW ME FOR GIVEAWAYS!!
🔥Open a Roth IRA to Grow Your Crypto TAX-FREE🔥
NO MORE MONTHLY FEES!!
Get $100 in Bitcoin For Free!
🇺🇸Crypto Taxes STRESS-FREE With CoinLedger🇺🇸
Promo code: CRYPTOTAX10
DISCLAIMER: This is NOT financial or legal advice. I am just offering my opinions. I am not responsible for any investment or legal decisions that you choose to make. This description may contain affiliate links for products that I believe in and use personally. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). Thank you for your support.