$USTC Binance requests exemption from LUNC fees for three specific wallets**
Binance requests exemption from LUNC fees for three specific wallets**
Binance, one of the largest cryptocurrency exchanges in the world, has officially requested an exemption from fees on transactions involving Terra Classic (LUNC) for three specific wallets. The measure aims to facilitate internal operations and improve the platform's efficiency regarding the management of LUNC assets.
According to the company's statement, these wallets are used exclusively for operational functions, such as internal movements, liquidity management, and support for the exchange's features. The exemption sought by Binance follows the procedures established by the community and the validators of the Terra Classic ecosystem, which require transparency and justification for such requests.
The proposal is already being reviewed by the community, which will be responsible for voting on and approving (or rejecting) the request. Binance reaffirms its commitment to transparency and collaboration with decentralized projects and emphasizes that the initiative will not impact the token burn mechanism implemented to reduce the total supply of LUNC.
If approved, the exemption could bring significant operational benefits to the exchange without compromising the goals of the Terra Classic community.
