After the collapse of Luna, tens of trillions of tokens were minted, and the combined chips of the founders, investment institutions, and project parties are worth less than 1 dollar. $BTC
Where did these minted tens of trillions of tokens go?
After Binance took over, minting was stopped, and these tokens were renamed to LUNC.
On-chain reforms were implemented, with a 0.5% burn tax on every transaction, allowing for deflation with just a small number of transactions.
Exchanges support this, with Binance burning 50% of the transaction fees.
No new issuance, and staking mining rewards come from 10% of the burned transaction fees; the more burned, the higher the mining rewards. Currently, price fluctuations are significant, burning is intense, and mining yields can reach up to 16%.
This is a blockchain that is 100% minted by retail investors.
LUNC is similar to BTC in this regard: there is no founder, no foundation, and all development, proposals, and decisions are made by token holders.
$ETH Ethereum Genesis 50% was allocated to investment institutions, foundations, and founders, resulting in a large amount of free chips. Retail investors only get a share of the leftovers.
SOL $SOL Genesis 90% was allocated to investment institutions, foundations, and founders, resulting in an enormous amount of free chips. If retail investors are not losing money, who is losing money?
LUNC has exchange support, has DeFi, has NFTs, has deflation, has memes, has stablecoin USDC, with a very low market cap, three years of price stagnation, and a monthly line reversal. What more do you need?
Where did these minted tens of trillions of tokens go?
After Binance took over, minting was stopped, and these tokens were renamed to LUNC.
On-chain reforms were implemented, with a 0.5% burn tax on every transaction, allowing for deflation with just a small number of transactions.
Exchanges support this, with Binance burning 50% of the transaction fees.
No new issuance, and staking mining rewards come from 10% of the burned transaction fees; the more burned, the higher the mining rewards. Currently, price fluctuations are significant, burning is intense, and mining yields can reach up to 16%.
This is a blockchain that is 100% minted by retail investors.
LUNC is similar to BTC in this regard: there is no founder, no foundation, and all development, proposals, and decisions are made by token holders.
$ETH Ethereum Genesis 50% was allocated to investment institutions, foundations, and founders, resulting in a large amount of free chips. Retail investors only get a share of the leftovers.
SOL $SOL Genesis 90% was allocated to investment institutions, foundations, and founders, resulting in an enormous amount of free chips. If retail investors are not losing money, who is losing money?
LUNC has exchange support, has DeFi, has NFTs, has deflation, has memes, has stablecoin USDC, with a very low market cap, three years of price stagnation, and a monthly line reversal. What more do you need?
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LUNC
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