The Binance exchange requests the addition of 3 new wallets to the Whitelist for exemption from the burn tax on the Terra Classic network.
As you know, $LUNC and $USTC are subject to a burn tax of 0.5% on on-chain transactions. Some wallets belonging to the Binance exchange have been included in the whitelist and are exempt from the burn tax.
The Binance exchange has requested the addition of 3 new wallets, whose addresses are listed below, to this list.
- terra1zphegzz94l3mr9w56yq6845wfcfllmrdn8xzyc
- terra15qvs2dzzydqt4ygfn0k0ertjnv8ctytggnx4ez
- terra1sepf0spaj969m59cgj3w3ch5udgf25qsx9cl2h
We see that there are over 300 billion #LUNCs in wallets. We do not know why these wallets were not exempted earlier. Why were these requests made now? A vote will be held on the Terra Classic network, and a decision will be made on whether these wallets should be exempt from the burn tax.
Binance Exchange has always supported the Terra Classic community. The community will exempt the relevant wallets from the burn tax, taking this into consideration.