Will There Be $LUNC Burning After the Upgrade
Yes — burning is expected to continue, but not directly because of the upgrade.
Ongoing LUNC Burning:
• LUNC has an active burn mechanism supported by both community proposals and Binance’s burn program.
• So far, 100+ billion LUNC have been burned in total.
• Binance contributes monthly burns using spot and margin trading fees.
• Community validators and apps like Terraport or LUNC DAO contribute as well.
🔧 Upgrade’s Indirect Role in Burning:
• If the Market Module succeeds, and LUNC/USTC trading volume increases, more LUNC may be burned via:
• Increased on-chain activity
• More use of dApps (which pay gas in LUNC)
• More transactions = more fee burns
But v3.5.0 doesn’t directly introduce a new burn mechanism — instead, it tries to make the ecosystem more usable and liquid, which can lead to more burns over time.