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Real rewards for those who believe in LUNC’s future
$LUNC #LUNC #LUNCDream #LUNCBurning #LuncBinance #Binance
$LUNC #LUNC #LUNCDream #LUNCBurning #LuncBinance #Binance
Professional Proposal to Reduce LUNC Supply to 1 Billion with an Incentivized Burn Mechanism
**Professional Proposal to Reduce $LUNC Supply to 1 Billion with an Incentivized Burn Mechanism**
**(Proposal: Incentivized $LUNC Burn Mechanism to Reduce Supply to 1 Billion)**
---
### **1. Executive Summary:**
> Given the significant inflation in the supply of **Terra Classic ($LUNC )** (current: ~5.8 trillion), we propose a mass burn mechanism supported by incentivized rewards to reduce the supply to **1 billion** coins, overseen by **Binance** as a strategic partner. The idea revolves around a **"LUNC Fees"** system that rewards burn participants with shares of network fees, boosting demand for LUNC and sustainably increasing its value.
---
### **2. Proposal Details:**
#### **A. Primary Objective:**
- Reduce LUNC supply from ~5.8 trillion to **1 billion** by burning **99.98%** of the current supply.
- Elevate LUNC’s value through artificial scarcity while ensuring network sustainability.
#### **B. Proposed Mechanism:**
1. **Creation of "LUNC Fees" Token:**
- For every **1 million LUNC** burned, users receive **1 LUNC Fees** (tradable token).
- **90%** of LUNC transaction fees (on-chain and exchange-based) will be distributed to **LUNC Fees** holders.
- **10%** will be allocated to the Terra Classic network for development (if transactions occur on-chain) or retained by exchanges (if on centralized/decentralized platforms).
2. **Binance’s Role:**
- Oversee the burn process by adding a **"Burn LUNC"** button within the exchange’s wallet interface.
- Automatically distribute **LUNC Fees** to participants.
#### **C. Target Timeline:**
- Achieve **1 billion LUNC** within 18-24 months (based on current burn rates and enhanced incentives).
---
### **3. Benefits to Binance:**
- ✅ **Increased Trading Volume:** Incentivized burning will drive higher LUNC trading activity on the platform.
- ✅ **New User Acquisition:** The rewards system will attract investors seeking long-term returns.
- ✅ **Enhanced Reputation:** Binance’s leadership in "reviving" LUNC will solidify its position as an innovation-friendly platform.
- ✅ **Additional Revenue:** The 10% fee allocation will generate revenue for Binance as a technical partner.
---
### **4. Technical Implementation:**
- Develop a **smart contract** on the Terra Classic network to:
- Track burned LUNC amounts.
- Automatically mint **LUNC Fees** tokens.
- Distribute fees weekly to holders.
- Integrate an API with Binance to enable direct burning.
---
### **5. Call to Action:**
We request Binance to:
1. Submit this proposal for voting via **Binance Voting**.
2. Provide technical support to link the burn mechanism to the smart contract.
3. Promote the program through its marketing channels.
---
### **6. Community Backing:**
- **Endorsement from the Terra Classic community.**
- **Support from Terra Classic developers.**
---
### **7. Conclusion:**
This proposal delivers a **tripartite benefit**:
1. **For the LUNC Community**: Increased value + network sustainability.
2. **For Binance**: Higher revenue + competitive edge.
3. **For the Market**: A model incentivizing anti-inflation mechanisms in cryptocurrencies.
We urge Binance to lead this historic initiative, transforming LUNC into a scarce, high-value asset
#LUNC✅ #LUNC #LUNCDream #luncburn
#Binance
**(Proposal: Incentivized $LUNC Burn Mechanism to Reduce Supply to 1 Billion)**
---
### **1. Executive Summary:**
> Given the significant inflation in the supply of **Terra Classic ($LUNC )** (current: ~5.8 trillion), we propose a mass burn mechanism supported by incentivized rewards to reduce the supply to **1 billion** coins, overseen by **Binance** as a strategic partner. The idea revolves around a **"LUNC Fees"** system that rewards burn participants with shares of network fees, boosting demand for LUNC and sustainably increasing its value.
---
### **2. Proposal Details:**
#### **A. Primary Objective:**
- Reduce LUNC supply from ~5.8 trillion to **1 billion** by burning **99.98%** of the current supply.
- Elevate LUNC’s value through artificial scarcity while ensuring network sustainability.
#### **B. Proposed Mechanism:**
1. **Creation of "LUNC Fees" Token:**
- For every **1 million LUNC** burned, users receive **1 LUNC Fees** (tradable token).
- **90%** of LUNC transaction fees (on-chain and exchange-based) will be distributed to **LUNC Fees** holders.
- **10%** will be allocated to the Terra Classic network for development (if transactions occur on-chain) or retained by exchanges (if on centralized/decentralized platforms).
2. **Binance’s Role:**
- Oversee the burn process by adding a **"Burn LUNC"** button within the exchange’s wallet interface.
- Automatically distribute **LUNC Fees** to participants.
#### **C. Target Timeline:**
- Achieve **1 billion LUNC** within 18-24 months (based on current burn rates and enhanced incentives).
---
### **3. Benefits to Binance:**
- ✅ **Increased Trading Volume:** Incentivized burning will drive higher LUNC trading activity on the platform.
- ✅ **New User Acquisition:** The rewards system will attract investors seeking long-term returns.
- ✅ **Enhanced Reputation:** Binance’s leadership in "reviving" LUNC will solidify its position as an innovation-friendly platform.
- ✅ **Additional Revenue:** The 10% fee allocation will generate revenue for Binance as a technical partner.
---
### **4. Technical Implementation:**
- Develop a **smart contract** on the Terra Classic network to:
- Track burned LUNC amounts.
- Automatically mint **LUNC Fees** tokens.
- Distribute fees weekly to holders.
- Integrate an API with Binance to enable direct burning.
---
### **5. Call to Action:**
We request Binance to:
1. Submit this proposal for voting via **Binance Voting**.
2. Provide technical support to link the burn mechanism to the smart contract.
3. Promote the program through its marketing channels.
---
### **6. Community Backing:**
- **Endorsement from the Terra Classic community.**
- **Support from Terra Classic developers.**
---
### **7. Conclusion:**
This proposal delivers a **tripartite benefit**:
1. **For the LUNC Community**: Increased value + network sustainability.
2. **For Binance**: Higher revenue + competitive edge.
3. **For the Market**: A model incentivizing anti-inflation mechanisms in cryptocurrencies.
We urge Binance to lead this historic initiative, transforming LUNC into a scarce, high-value asset
#LUNC✅ #LUNC #LUNCDream #luncburn
#Binance
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The solution we have been waiting for to effectively reduce supply with a reward
$LUNC #LUNC✅ #LUNCDream #LuncBinance
#LUNCBurning #Binance
$LUNC #LUNC✅ #LUNCDream #LuncBinance
#LUNCBurning #Binance
Professional proposal to reduce the supply of LUNC to 1 billion with a stimulating burn mechanism
Professional proposal to reduce the supply of currency
to 1 billion with a stimulating burn mechanism
(Proposal: Accelerated LUNC Burn Mechanism to Reach 1 Billion Supply)
Executive Summary
With the significant inflation in the supply of Terra Classic (LUNC) (current: ~5.8 trillion), we propose a collective burn mechanism supported by incentive rewards to reduce the supply to only 1 billion coins, with Binance platform as a strategic partner. The idea relies on the "LUNC Fees" system that rewards participants in the burn with shares of network fees, thereby enhancing demand for
to 1 billion with a stimulating burn mechanism
(Proposal: Accelerated LUNC Burn Mechanism to Reach 1 Billion Supply)
Executive Summary
With the significant inflation in the supply of Terra Classic (LUNC) (current: ~5.8 trillion), we propose a collective burn mechanism supported by incentive rewards to reduce the supply to only 1 billion coins, with Binance platform as a strategic partner. The idea relies on the "LUNC Fees" system that rewards participants in the burn with shares of network fees, thereby enhancing demand for
See original
The future of LUNC begins with a smart move — and this is the proposal
#LUNC #LuncBinance #LUNCBurning #LUNCDream #Binance
#LUNC #LuncBinance #LUNCBurning #LUNCDream #Binance
Professional proposal to reduce the supply of LUNC to 1 billion with a stimulating burn mechanism
Professional proposal to reduce the supply of currency
to 1 billion with a stimulating burn mechanism
(Proposal: Accelerated LUNC Burn Mechanism to Reach 1 Billion Supply)
Executive Summary
With the significant inflation in the supply of Terra Classic (LUNC) (current: ~5.8 trillion), we propose a collective burn mechanism supported by incentive rewards to reduce the supply to only 1 billion coins, with Binance platform as a strategic partner. The idea relies on the "LUNC Fees" system that rewards participants in the burn with shares of network fees, thereby enhancing demand for
to 1 billion with a stimulating burn mechanism
(Proposal: Accelerated LUNC Burn Mechanism to Reach 1 Billion Supply)
Executive Summary
With the significant inflation in the supply of Terra Classic (LUNC) (current: ~5.8 trillion), we propose a collective burn mechanism supported by incentive rewards to reduce the supply to only 1 billion coins, with Binance platform as a strategic partner. The idea relies on the "LUNC Fees" system that rewards participants in the burn with shares of network fees, thereby enhancing demand for
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