Binance exchange requests 3 new wallets to be added to the White List to be exempt from the burn tax on the Terra Classic chain.
As you know; $LUNC and $USTC are subject to a 0.5% burn tax on on-chain transactions. Some wallets belonging to Binance exchange were whitelisted and exempted from the burn tax.
Binance exchange has applied to add 3 new wallets, the addresses of which are given below, to this list.
- terra1zphegzz94l3mr9w56yq6845wfcfllmrdn8xzyc
- terra15qvs2dzzydqt4ygfn0k0ertjnv8ctytggnx4ez
- terra1sepf0spaj969m59cgj3w3ch5udgf25qsx9cl2h
We see that there are more than 300 billion #LUNCs in wallets. We don't know why these wallets were not exempted before. Why these requests were made now? A vote will be held on the Terra Classic chain and a decision will be made on whether these wallets should be exempt from the burn tax.
Binance exchange has always stood by the Terra Classic community. The community will exempt the relevant wallets from the burn tax, taking this into account.