$ETH

After the collapse, Luna was supposed to reset to zero, but under the takeover of CZ and Binance, it was renamed LUNC, retaining all minted tokens and the integrity of the blockchain, defending decentralization.

1. Stop minting tokens and use 10% of staking mining rewards to destroy transaction fees.

2. Implement on-chain reforms, charging a 0.5% transaction fee for destruction.

3. Led by Binance, exchanges like KuCoin, MEXC, Gate, Coinn, Bybit, etc., support using transaction fees for destruction, with Binance using 50% of transaction fees for destruction and KuCoin using 100% of transaction fees for destruction.