Boss

Yesterday, the burning on the LUNC chain was intense, resulting in a total reduction of 41 million LUNC.
This portion of burned LUNC will never circulate again.

With the total supply decreasing, scarcity makes it valuable.

Every day, every hour, every minute, the total supply is decreasing. This is due to the unique mechanism of the LUNC chain, which charges a 0.5% transaction tax on every transfer. Ordinary users can transfer cheaply, while whale users face hefty taxes.

A few transactions are enough to achieve deflation.

Staking rewards can go up to 10%, with mining rewards in LUNC and USTC.

Of the collected fees, 80% is used for permanent destruction, 10% is allocated for community development funds, and the remaining 10% is for mining pool rewards.

Since USTC is also taxed, mining will also reward USTC.

Any third-party wallet must be downloaded through the Android Google Play or Apple App Store; otherwise, there is a 1000% risk of theft.

No mnemonic phrases or private keys can be copied or screenshotted; they must be written down manually; otherwise, there is a 1000% risk of theft.