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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