#LUNC 🔥 Why and how LUNC burns matter
On-chain burn tax: Every LUNC transaction incurs a 0.5% burn tax (as of June 2025), which sends that portion directly to an unspendable burn address. This happens automatically with every transfer .
Exchange burns: Binance and others allocate fees to burn LUNC monthly. In May 2025, Binance burned around 414 million LUNC from April trading fees .
Community & manual burns: You can send LUNC to the official burn wallet manually or through third-party tools and dApps.
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✅ How to burn LUNC today
1. On-chain burn via your wallet
When you send any amount of LUNC (e.g. to another wallet or exchange), 0.5% is burned automatically. No special action needed beyond the transfer.
2. Manual burn (donation burn)
You can send LUNC directly to the official burn address:
terra1sk06e3dyexuq4shw77y3dsv480xv42mq73anxu
Tokens sent here are gone forever .
With your wallet: Choose send → paste this address → pick amount → confirm.
Via burn tools: Use LUNC-focused explorers or dApps (like LUNC Metrics or Classic explorer) that support donation burns.
3. Use burn-based dApp (optional)
Explore dApps like “Burn Flip”—a coin-flip game where 2% of your bet gets burned. It’s interactive and fun if you're interested .
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📊 What impact does a burn have?
It reduces supply, creating deflationary pressure. Over 410 billion LUNC have been burned so far (~6.3% of total supply) .
Daily burn averages around 48 million LUNC, or ~$2,900 USD/day. In May, Binance contributed $39k) of that from exchange fees alone .
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🧭 Step-by-step: Burn some LUNC now
1. Open your Terra-compatible wallet (e.g. Terra Station, Leap, Station Extension).
2. Use Send to transfer to the burn address above.
3. Confirm gas and approve transaction.
4. Track the transaction on-chain to see it burned.
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💡 Tips
Check your wallet for gas fees (usually in USTC or LUNC).
Make sure you include enough to cover both burn amount and gas.
Keep the burn address handy if you plan to donate regularly.
$LUNC