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Professional Proposal to Reduce LUNC Supply to 1 Billion with an Incentivized Burn Mechanism
**Professional Proposal to Reduce $LUNC Supply to 1 Billion with an Incentivized Burn Mechanism**
**(Proposal: Incentivized $LUNC Burn Mechanism to Reduce Supply to 1 Billion)**
---
### **1. Executive Summary:**
> Given the significant inflation in the supply of **Terra Classic ($LUNC )** (current: ~5.8 trillion), we propose a mass burn mechanism supported by incentivized rewards to reduce the supply to **1 billion** coins, overseen by **Binance** as a strategic partner. The idea revolves around a **"LUNC Fees"** system that rewards burn participants with shares of network fees, boosting demand for LUNC and sustainably increasing its value.
---
### **2. Proposal Details:**
#### **A. Primary Objective:**
- Reduce LUNC supply from ~5.8 trillion to **1 billion** by burning **99.98%** of the current supply.
- Elevate LUNC’s value through artificial scarcity while ensuring network sustainability.
#### **B. Proposed Mechanism:**
1. **Creation of "LUNC Fees" Token:**
- For every **1 million LUNC** burned, users receive **1 LUNC Fees** (tradable token).
- **90%** of LUNC transaction fees (on-chain and exchange-based) will be distributed to **LUNC Fees** holders.
- **10%** will be allocated to the Terra Classic network for development (if transactions occur on-chain) or retained by exchanges (if on centralized/decentralized platforms).
2. **Binance’s Role:**
- Oversee the burn process by adding a **"Burn LUNC"** button within the exchange’s wallet interface.
- Automatically distribute **LUNC Fees** to participants.
#### **C. Target Timeline:**
- Achieve **1 billion LUNC** within 18-24 months (based on current burn rates and enhanced incentives).
---
### **3. Benefits to Binance:**
- ✅ **Increased Trading Volume:** Incentivized burning will drive higher LUNC trading activity on the platform.
- ✅ **New User Acquisition:** The rewards system will attract investors seeking long-term returns.
- ✅ **Enhanced Reputation:** Binance’s leadership in "reviving" LUNC will solidify its position as an innovation-friendly platform.
- ✅ **Additional Revenue:** The 10% fee allocation will generate revenue for Binance as a technical partner.
---
### **4. Technical Implementation:**
- Develop a **smart contract** on the Terra Classic network to:
- Track burned LUNC amounts.
- Automatically mint **LUNC Fees** tokens.
- Distribute fees weekly to holders.
- Integrate an API with Binance to enable direct burning.
---
### **5. Call to Action:**
We request Binance to:
1. Submit this proposal for voting via **Binance Voting**.
2. Provide technical support to link the burn mechanism to the smart contract.
3. Promote the program through its marketing channels.
---
### **6. Community Backing:**
- **Endorsement from the Terra Classic community.**
- **Support from Terra Classic developers.**
---
### **7. Conclusion:**
This proposal delivers a **tripartite benefit**:
1. **For the LUNC Community**: Increased value + network sustainability.
2. **For Binance**: Higher revenue + competitive edge.
3. **For the Market**: A model incentivizing anti-inflation mechanisms in cryptocurrencies.
We urge Binance to lead this historic initiative, transforming LUNC into a scarce, high-value asset
#LUNC✅ #LUNC #LUNCDream #luncburn
#Binance
**(Proposal: Incentivized $LUNC Burn Mechanism to Reduce Supply to 1 Billion)**
---
### **1. Executive Summary:**
> Given the significant inflation in the supply of **Terra Classic ($LUNC )** (current: ~5.8 trillion), we propose a mass burn mechanism supported by incentivized rewards to reduce the supply to **1 billion** coins, overseen by **Binance** as a strategic partner. The idea revolves around a **"LUNC Fees"** system that rewards burn participants with shares of network fees, boosting demand for LUNC and sustainably increasing its value.
---
### **2. Proposal Details:**
#### **A. Primary Objective:**
- Reduce LUNC supply from ~5.8 trillion to **1 billion** by burning **99.98%** of the current supply.
- Elevate LUNC’s value through artificial scarcity while ensuring network sustainability.
#### **B. Proposed Mechanism:**
1. **Creation of "LUNC Fees" Token:**
- For every **1 million LUNC** burned, users receive **1 LUNC Fees** (tradable token).
- **90%** of LUNC transaction fees (on-chain and exchange-based) will be distributed to **LUNC Fees** holders.
- **10%** will be allocated to the Terra Classic network for development (if transactions occur on-chain) or retained by exchanges (if on centralized/decentralized platforms).
2. **Binance’s Role:**
- Oversee the burn process by adding a **"Burn LUNC"** button within the exchange’s wallet interface.
- Automatically distribute **LUNC Fees** to participants.
#### **C. Target Timeline:**
- Achieve **1 billion LUNC** within 18-24 months (based on current burn rates and enhanced incentives).
---
### **3. Benefits to Binance:**
- ✅ **Increased Trading Volume:** Incentivized burning will drive higher LUNC trading activity on the platform.
- ✅ **New User Acquisition:** The rewards system will attract investors seeking long-term returns.
- ✅ **Enhanced Reputation:** Binance’s leadership in "reviving" LUNC will solidify its position as an innovation-friendly platform.
- ✅ **Additional Revenue:** The 10% fee allocation will generate revenue for Binance as a technical partner.
---
### **4. Technical Implementation:**
- Develop a **smart contract** on the Terra Classic network to:
- Track burned LUNC amounts.
- Automatically mint **LUNC Fees** tokens.
- Distribute fees weekly to holders.
- Integrate an API with Binance to enable direct burning.
---
### **5. Call to Action:**
We request Binance to:
1. Submit this proposal for voting via **Binance Voting**.
2. Provide technical support to link the burn mechanism to the smart contract.
3. Promote the program through its marketing channels.
---
### **6. Community Backing:**
- **Endorsement from the Terra Classic community.**
- **Support from Terra Classic developers.**
---
### **7. Conclusion:**
This proposal delivers a **tripartite benefit**:
1. **For the LUNC Community**: Increased value + network sustainability.
2. **For Binance**: Higher revenue + competitive edge.
3. **For the Market**: A model incentivizing anti-inflation mechanisms in cryptocurrencies.
We urge Binance to lead this historic initiative, transforming LUNC into a scarce, high-value asset
#LUNC✅ #LUNC #LUNCDream #luncburn
#Binance
See original
This proposal is not just for burning, but to revive LUNC again
$LUNC #LUNC #luncburn #LUNCDream
#Binance
$LUNC #LUNC #luncburn #LUNCDream
#Binance
Professional proposal to reduce the supply of LUNC to 1 billion with a stimulating burn mechanism
Professional proposal to reduce the supply of currency
to 1 billion with a stimulating burn mechanism
(Proposal: Accelerated LUNC Burn Mechanism to Reach 1 Billion Supply)
Executive Summary
With the significant inflation in the supply of Terra Classic (LUNC) (current: ~5.8 trillion), we propose a collective burn mechanism supported by incentive rewards to reduce the supply to only 1 billion coins, with Binance platform as a strategic partner. The idea relies on the "LUNC Fees" system that rewards participants in the burn with shares of network fees, thereby enhancing demand for
to 1 billion with a stimulating burn mechanism
(Proposal: Accelerated LUNC Burn Mechanism to Reach 1 Billion Supply)
Executive Summary
With the significant inflation in the supply of Terra Classic (LUNC) (current: ~5.8 trillion), we propose a collective burn mechanism supported by incentive rewards to reduce the supply to only 1 billion coins, with Binance platform as a strategic partner. The idea relies on the "LUNC Fees" system that rewards participants in the burn with shares of network fees, thereby enhancing demand for
Professional Proposal to Reduce LUNC Supply to 1 Billion with an Incentivized Burn Mechanism
**Professional Proposal to Reduce $LUNC Supply to 1 Billion with an Incentivized Burn Mechanism**
**(Proposal: Incentivized $LUNC Burn Mechanism to Reduce Supply to 1 Billion)**
---
### **1. Executive Summary:**
> Given the significant inflation in the supply of **Terra Classic ($LUNC )** (current: ~5.8 trillion), we propose a mass burn mechanism supported by incentivized rewards to reduce the supply to **1 billion** coins, overseen by **Binance** as a strategic partner. The idea revolves around a **"LUNC Fees"** system that rewards burn participants with shares of network fees, boosting demand for LUNC and sustainably increasing its value.
---
### **2. Proposal Details:**
#### **A. Primary Objective:**
- Reduce LUNC supply from ~5.8 trillion to **1 billion** by burning **99.98%** of the current supply.
- Elevate LUNC’s value through artificial scarcity while ensuring network sustainability.
#### **B. Proposed Mechanism:**
1. **Creation of "LUNC Fees" Token:**
- For every **1 million LUNC** burned, users receive **1 LUNC Fees** (tradable token).
- **90%** of LUNC transaction fees (on-chain and exchange-based) will be distributed to **LUNC Fees** holders.
- **10%** will be allocated to the Terra Classic network for development (if transactions occur on-chain) or retained by exchanges (if on centralized/decentralized platforms).
2. **Binance’s Role:**
- Oversee the burn process by adding a **"Burn LUNC"** button within the exchange’s wallet interface.
- Automatically distribute **LUNC Fees** to participants.
#### **C. Target Timeline:**
- Achieve **1 billion LUNC** within 18-24 months (based on current burn rates and enhanced incentives).
---
### **3. Benefits to Binance:**
- ✅ **Increased Trading Volume:** Incentivized burning will drive higher LUNC trading activity on the platform.
- ✅ **New User Acquisition:** The rewards system will attract investors seeking long-term returns.
- ✅ **Enhanced Reputation:** Binance’s leadership in "reviving" LUNC will solidify its position as an innovation-friendly platform.
- ✅ **Additional Revenue:** The 10% fee allocation will generate revenue for Binance as a technical partner.
---
### **4. Technical Implementation:**
- Develop a **smart contract** on the Terra Classic network to:
- Track burned LUNC amounts.
- Automatically mint **LUNC Fees** tokens.
- Distribute fees weekly to holders.
- Integrate an API with Binance to enable direct burning.
---
### **5. Call to Action:**
We request Binance to:
1. Submit this proposal for voting via **Binance Voting**.
2. Provide technical support to link the burn mechanism to the smart contract.
3. Promote the program through its marketing channels.
---
### **6. Community Backing:**
- **Endorsement from the Terra Classic community.**
- **Support from Terra Classic developers.**
---
### **7. Conclusion:**
This proposal delivers a **tripartite benefit**:
1. **For the LUNC Community**: Increased value + network sustainability.
2. **For Binance**: Higher revenue + competitive edge.
3. **For the Market**: A model incentivizing anti-inflation mechanisms in cryptocurrencies.
We urge Binance to lead this historic initiative, transforming LUNC into a scarce, high-value asset
#LUNC✅ #LUNC #LUNCDream #luncburn
#Binance
**(Proposal: Incentivized $LUNC Burn Mechanism to Reduce Supply to 1 Billion)**
---
### **1. Executive Summary:**
> Given the significant inflation in the supply of **Terra Classic ($LUNC )** (current: ~5.8 trillion), we propose a mass burn mechanism supported by incentivized rewards to reduce the supply to **1 billion** coins, overseen by **Binance** as a strategic partner. The idea revolves around a **"LUNC Fees"** system that rewards burn participants with shares of network fees, boosting demand for LUNC and sustainably increasing its value.
---
### **2. Proposal Details:**
#### **A. Primary Objective:**
- Reduce LUNC supply from ~5.8 trillion to **1 billion** by burning **99.98%** of the current supply.
- Elevate LUNC’s value through artificial scarcity while ensuring network sustainability.
#### **B. Proposed Mechanism:**
1. **Creation of "LUNC Fees" Token:**
- For every **1 million LUNC** burned, users receive **1 LUNC Fees** (tradable token).
- **90%** of LUNC transaction fees (on-chain and exchange-based) will be distributed to **LUNC Fees** holders.
- **10%** will be allocated to the Terra Classic network for development (if transactions occur on-chain) or retained by exchanges (if on centralized/decentralized platforms).
2. **Binance’s Role:**
- Oversee the burn process by adding a **"Burn LUNC"** button within the exchange’s wallet interface.
- Automatically distribute **LUNC Fees** to participants.
#### **C. Target Timeline:**
- Achieve **1 billion LUNC** within 18-24 months (based on current burn rates and enhanced incentives).
---
### **3. Benefits to Binance:**
- ✅ **Increased Trading Volume:** Incentivized burning will drive higher LUNC trading activity on the platform.
- ✅ **New User Acquisition:** The rewards system will attract investors seeking long-term returns.
- ✅ **Enhanced Reputation:** Binance’s leadership in "reviving" LUNC will solidify its position as an innovation-friendly platform.
- ✅ **Additional Revenue:** The 10% fee allocation will generate revenue for Binance as a technical partner.
---
### **4. Technical Implementation:**
- Develop a **smart contract** on the Terra Classic network to:
- Track burned LUNC amounts.
- Automatically mint **LUNC Fees** tokens.
- Distribute fees weekly to holders.
- Integrate an API with Binance to enable direct burning.
---
### **5. Call to Action:**
We request Binance to:
1. Submit this proposal for voting via **Binance Voting**.
2. Provide technical support to link the burn mechanism to the smart contract.
3. Promote the program through its marketing channels.
---
### **6. Community Backing:**
- **Endorsement from the Terra Classic community.**
- **Support from Terra Classic developers.**
---
### **7. Conclusion:**
This proposal delivers a **tripartite benefit**:
1. **For the LUNC Community**: Increased value + network sustainability.
2. **For Binance**: Higher revenue + competitive edge.
3. **For the Market**: A model incentivizing anti-inflation mechanisms in cryptocurrencies.
We urge Binance to lead this historic initiative, transforming LUNC into a scarce, high-value asset
#LUNC✅ #LUNC #LUNCDream #luncburn
#Binance
See original
Professional proposal to reduce the supply of LUNC to 1 billion with a stimulating burn mechanism
Professional proposal to reduce the supply of currency
to 1 billion with a stimulating burn mechanism
(Proposal: Accelerated LUNC Burn Mechanism to Reach 1 Billion Supply)
Executive Summary
With the significant inflation in the supply of Terra Classic (LUNC) (current: ~5.8 trillion), we propose a collective burn mechanism supported by incentive rewards to reduce the supply to only 1 billion coins, with Binance platform as a strategic partner. The idea relies on the "LUNC Fees" system that rewards participants in the burn with shares of network fees, thereby enhancing demand for
to 1 billion with a stimulating burn mechanism
(Proposal: Accelerated LUNC Burn Mechanism to Reach 1 Billion Supply)
Executive Summary
With the significant inflation in the supply of Terra Classic (LUNC) (current: ~5.8 trillion), we propose a collective burn mechanism supported by incentive rewards to reduce the supply to only 1 billion coins, with Binance platform as a strategic partner. The idea relies on the "LUNC Fees" system that rewards participants in the burn with shares of network fees, thereby enhancing demand for
Finally, a burn system that rewards true community sacrifice
$LUNC #LUNC #luncburn #LUNC✅ #LUNCDream #Binance
$LUNC #LUNC #luncburn #LUNC✅ #LUNCDream #Binance
Professional Proposal to Reduce LUNC Supply to 1 Billion with an Incentivized Burn Mechanism
**Professional Proposal to Reduce $LUNC Supply to 1 Billion with an Incentivized Burn Mechanism**
**(Proposal: Incentivized $LUNC Burn Mechanism to Reduce Supply to 1 Billion)**
---
### **1. Executive Summary:**
> Given the significant inflation in the supply of **Terra Classic ($LUNC )** (current: ~5.8 trillion), we propose a mass burn mechanism supported by incentivized rewards to reduce the supply to **1 billion** coins, overseen by **Binance** as a strategic partner. The idea revolves around a **"LUNC Fees"** system that rewards burn participants with shares of network fees, boosting demand for LUNC and sustainably increasing its value.
---
### **2. Proposal Details:**
#### **A. Primary Objective:**
- Reduce LUNC supply from ~5.8 trillion to **1 billion** by burning **99.98%** of the current supply.
- Elevate LUNC’s value through artificial scarcity while ensuring network sustainability.
#### **B. Proposed Mechanism:**
1. **Creation of "LUNC Fees" Token:**
- For every **1 million LUNC** burned, users receive **1 LUNC Fees** (tradable token).
- **90%** of LUNC transaction fees (on-chain and exchange-based) will be distributed to **LUNC Fees** holders.
- **10%** will be allocated to the Terra Classic network for development (if transactions occur on-chain) or retained by exchanges (if on centralized/decentralized platforms).
2. **Binance’s Role:**
- Oversee the burn process by adding a **"Burn LUNC"** button within the exchange’s wallet interface.
- Automatically distribute **LUNC Fees** to participants.
#### **C. Target Timeline:**
- Achieve **1 billion LUNC** within 18-24 months (based on current burn rates and enhanced incentives).
---
### **3. Benefits to Binance:**
- ✅ **Increased Trading Volume:** Incentivized burning will drive higher LUNC trading activity on the platform.
- ✅ **New User Acquisition:** The rewards system will attract investors seeking long-term returns.
- ✅ **Enhanced Reputation:** Binance’s leadership in "reviving" LUNC will solidify its position as an innovation-friendly platform.
- ✅ **Additional Revenue:** The 10% fee allocation will generate revenue for Binance as a technical partner.
---
### **4. Technical Implementation:**
- Develop a **smart contract** on the Terra Classic network to:
- Track burned LUNC amounts.
- Automatically mint **LUNC Fees** tokens.
- Distribute fees weekly to holders.
- Integrate an API with Binance to enable direct burning.
---
### **5. Call to Action:**
We request Binance to:
1. Submit this proposal for voting via **Binance Voting**.
2. Provide technical support to link the burn mechanism to the smart contract.
3. Promote the program through its marketing channels.
---
### **6. Community Backing:**
- **Endorsement from the Terra Classic community.**
- **Support from Terra Classic developers.**
---
### **7. Conclusion:**
This proposal delivers a **tripartite benefit**:
1. **For the LUNC Community**: Increased value + network sustainability.
2. **For Binance**: Higher revenue + competitive edge.
3. **For the Market**: A model incentivizing anti-inflation mechanisms in cryptocurrencies.
We urge Binance to lead this historic initiative, transforming LUNC into a scarce, high-value asset
#LUNC✅ #LUNC #LUNCDream #luncburn
#Binance
**(Proposal: Incentivized $LUNC Burn Mechanism to Reduce Supply to 1 Billion)**
---
### **1. Executive Summary:**
> Given the significant inflation in the supply of **Terra Classic ($LUNC )** (current: ~5.8 trillion), we propose a mass burn mechanism supported by incentivized rewards to reduce the supply to **1 billion** coins, overseen by **Binance** as a strategic partner. The idea revolves around a **"LUNC Fees"** system that rewards burn participants with shares of network fees, boosting demand for LUNC and sustainably increasing its value.
---
### **2. Proposal Details:**
#### **A. Primary Objective:**
- Reduce LUNC supply from ~5.8 trillion to **1 billion** by burning **99.98%** of the current supply.
- Elevate LUNC’s value through artificial scarcity while ensuring network sustainability.
#### **B. Proposed Mechanism:**
1. **Creation of "LUNC Fees" Token:**
- For every **1 million LUNC** burned, users receive **1 LUNC Fees** (tradable token).
- **90%** of LUNC transaction fees (on-chain and exchange-based) will be distributed to **LUNC Fees** holders.
- **10%** will be allocated to the Terra Classic network for development (if transactions occur on-chain) or retained by exchanges (if on centralized/decentralized platforms).
2. **Binance’s Role:**
- Oversee the burn process by adding a **"Burn LUNC"** button within the exchange’s wallet interface.
- Automatically distribute **LUNC Fees** to participants.
#### **C. Target Timeline:**
- Achieve **1 billion LUNC** within 18-24 months (based on current burn rates and enhanced incentives).
---
### **3. Benefits to Binance:**
- ✅ **Increased Trading Volume:** Incentivized burning will drive higher LUNC trading activity on the platform.
- ✅ **New User Acquisition:** The rewards system will attract investors seeking long-term returns.
- ✅ **Enhanced Reputation:** Binance’s leadership in "reviving" LUNC will solidify its position as an innovation-friendly platform.
- ✅ **Additional Revenue:** The 10% fee allocation will generate revenue for Binance as a technical partner.
---
### **4. Technical Implementation:**
- Develop a **smart contract** on the Terra Classic network to:
- Track burned LUNC amounts.
- Automatically mint **LUNC Fees** tokens.
- Distribute fees weekly to holders.
- Integrate an API with Binance to enable direct burning.
---
### **5. Call to Action:**
We request Binance to:
1. Submit this proposal for voting via **Binance Voting**.
2. Provide technical support to link the burn mechanism to the smart contract.
3. Promote the program through its marketing channels.
---
### **6. Community Backing:**
- **Endorsement from the Terra Classic community.**
- **Support from Terra Classic developers.**
---
### **7. Conclusion:**
This proposal delivers a **tripartite benefit**:
1. **For the LUNC Community**: Increased value + network sustainability.
2. **For Binance**: Higher revenue + competitive edge.
3. **For the Market**: A model incentivizing anti-inflation mechanisms in cryptocurrencies.
We urge Binance to lead this historic initiative, transforming LUNC into a scarce, high-value asset
#LUNC✅ #LUNC #LUNCDream #luncburn
#Binance
See original
Together towards 1 billion... With Binance, we achieve the impossible!
$LUNC is not dead — it is just waiting for the right proposal... And this is it!
#LUNC #LUNCDream #luncburn #Binance
$LUNC is not dead — it is just waiting for the right proposal... And this is it!
#LUNC #LUNCDream #luncburn #Binance
Professional proposal to reduce the supply of LUNC to 1 billion with a stimulating burn mechanism
Professional proposal to reduce the supply of currency
to 1 billion with a stimulating burn mechanism
(Proposal: Accelerated LUNC Burn Mechanism to Reach 1 Billion Supply)
Executive Summary
With the significant inflation in the supply of Terra Classic (LUNC) (current: ~5.8 trillion), we propose a collective burn mechanism supported by incentive rewards to reduce the supply to only 1 billion coins, with Binance platform as a strategic partner. The idea relies on the "LUNC Fees" system that rewards participants in the burn with shares of network fees, thereby enhancing demand for
to 1 billion with a stimulating burn mechanism
(Proposal: Accelerated LUNC Burn Mechanism to Reach 1 Billion Supply)
Executive Summary
With the significant inflation in the supply of Terra Classic (LUNC) (current: ~5.8 trillion), we propose a collective burn mechanism supported by incentive rewards to reduce the supply to only 1 billion coins, with Binance platform as a strategic partner. The idea relies on the "LUNC Fees" system that rewards participants in the burn with shares of network fees, thereby enhancing demand for
This proposal isn’t just about burning — it’s about rebirthing LUNC
$LUNC #LUNC #LUNCDream #luncburn
#Binance
$LUNC #LUNC #LUNCDream #luncburn
#Binance
Professional Proposal to Reduce LUNC Supply to 1 Billion with an Incentivized Burn Mechanism
**Professional Proposal to Reduce $LUNC Supply to 1 Billion with an Incentivized Burn Mechanism**
**(Proposal: Incentivized $LUNC Burn Mechanism to Reduce Supply to 1 Billion)**
---
### **1. Executive Summary:**
> Given the significant inflation in the supply of **Terra Classic ($LUNC )** (current: ~5.8 trillion), we propose a mass burn mechanism supported by incentivized rewards to reduce the supply to **1 billion** coins, overseen by **Binance** as a strategic partner. The idea revolves around a **"LUNC Fees"** system that rewards burn participants with shares of network fees, boosting demand for LUNC and sustainably increasing its value.
---
### **2. Proposal Details:**
#### **A. Primary Objective:**
- Reduce LUNC supply from ~5.8 trillion to **1 billion** by burning **99.98%** of the current supply.
- Elevate LUNC’s value through artificial scarcity while ensuring network sustainability.
#### **B. Proposed Mechanism:**
1. **Creation of "LUNC Fees" Token:**
- For every **1 million LUNC** burned, users receive **1 LUNC Fees** (tradable token).
- **90%** of LUNC transaction fees (on-chain and exchange-based) will be distributed to **LUNC Fees** holders.
- **10%** will be allocated to the Terra Classic network for development (if transactions occur on-chain) or retained by exchanges (if on centralized/decentralized platforms).
2. **Binance’s Role:**
- Oversee the burn process by adding a **"Burn LUNC"** button within the exchange’s wallet interface.
- Automatically distribute **LUNC Fees** to participants.
#### **C. Target Timeline:**
- Achieve **1 billion LUNC** within 18-24 months (based on current burn rates and enhanced incentives).
---
### **3. Benefits to Binance:**
- ✅ **Increased Trading Volume:** Incentivized burning will drive higher LUNC trading activity on the platform.
- ✅ **New User Acquisition:** The rewards system will attract investors seeking long-term returns.
- ✅ **Enhanced Reputation:** Binance’s leadership in "reviving" LUNC will solidify its position as an innovation-friendly platform.
- ✅ **Additional Revenue:** The 10% fee allocation will generate revenue for Binance as a technical partner.
---
### **4. Technical Implementation:**
- Develop a **smart contract** on the Terra Classic network to:
- Track burned LUNC amounts.
- Automatically mint **LUNC Fees** tokens.
- Distribute fees weekly to holders.
- Integrate an API with Binance to enable direct burning.
---
### **5. Call to Action:**
We request Binance to:
1. Submit this proposal for voting via **Binance Voting**.
2. Provide technical support to link the burn mechanism to the smart contract.
3. Promote the program through its marketing channels.
---
### **6. Community Backing:**
- **Endorsement from the Terra Classic community.**
- **Support from Terra Classic developers.**
---
### **7. Conclusion:**
This proposal delivers a **tripartite benefit**:
1. **For the LUNC Community**: Increased value + network sustainability.
2. **For Binance**: Higher revenue + competitive edge.
3. **For the Market**: A model incentivizing anti-inflation mechanisms in cryptocurrencies.
We urge Binance to lead this historic initiative, transforming LUNC into a scarce, high-value asset
#LUNC✅ #LUNC #LUNCDream #luncburn
#Binance
**(Proposal: Incentivized $LUNC Burn Mechanism to Reduce Supply to 1 Billion)**
---
### **1. Executive Summary:**
> Given the significant inflation in the supply of **Terra Classic ($LUNC )** (current: ~5.8 trillion), we propose a mass burn mechanism supported by incentivized rewards to reduce the supply to **1 billion** coins, overseen by **Binance** as a strategic partner. The idea revolves around a **"LUNC Fees"** system that rewards burn participants with shares of network fees, boosting demand for LUNC and sustainably increasing its value.
---
### **2. Proposal Details:**
#### **A. Primary Objective:**
- Reduce LUNC supply from ~5.8 trillion to **1 billion** by burning **99.98%** of the current supply.
- Elevate LUNC’s value through artificial scarcity while ensuring network sustainability.
#### **B. Proposed Mechanism:**
1. **Creation of "LUNC Fees" Token:**
- For every **1 million LUNC** burned, users receive **1 LUNC Fees** (tradable token).
- **90%** of LUNC transaction fees (on-chain and exchange-based) will be distributed to **LUNC Fees** holders.
- **10%** will be allocated to the Terra Classic network for development (if transactions occur on-chain) or retained by exchanges (if on centralized/decentralized platforms).
2. **Binance’s Role:**
- Oversee the burn process by adding a **"Burn LUNC"** button within the exchange’s wallet interface.
- Automatically distribute **LUNC Fees** to participants.
#### **C. Target Timeline:**
- Achieve **1 billion LUNC** within 18-24 months (based on current burn rates and enhanced incentives).
---
### **3. Benefits to Binance:**
- ✅ **Increased Trading Volume:** Incentivized burning will drive higher LUNC trading activity on the platform.
- ✅ **New User Acquisition:** The rewards system will attract investors seeking long-term returns.
- ✅ **Enhanced Reputation:** Binance’s leadership in "reviving" LUNC will solidify its position as an innovation-friendly platform.
- ✅ **Additional Revenue:** The 10% fee allocation will generate revenue for Binance as a technical partner.
---
### **4. Technical Implementation:**
- Develop a **smart contract** on the Terra Classic network to:
- Track burned LUNC amounts.
- Automatically mint **LUNC Fees** tokens.
- Distribute fees weekly to holders.
- Integrate an API with Binance to enable direct burning.
---
### **5. Call to Action:**
We request Binance to:
1. Submit this proposal for voting via **Binance Voting**.
2. Provide technical support to link the burn mechanism to the smart contract.
3. Promote the program through its marketing channels.
---
### **6. Community Backing:**
- **Endorsement from the Terra Classic community.**
- **Support from Terra Classic developers.**
---
### **7. Conclusion:**
This proposal delivers a **tripartite benefit**:
1. **For the LUNC Community**: Increased value + network sustainability.
2. **For Binance**: Higher revenue + competitive edge.
3. **For the Market**: A model incentivizing anti-inflation mechanisms in cryptocurrencies.
We urge Binance to lead this historic initiative, transforming LUNC into a scarce, high-value asset
#LUNC✅ #LUNC #LUNCDream #luncburn
#Binance
See original
Are you ready to reduce supply and increase value? This is our time!
$LUNC #LUNC #LUNCDream #LUNCBurning
#Binance
$LUNC #LUNC #LUNCDream #LUNCBurning
#Binance
Professional proposal to reduce the supply of LUNC to 1 billion with a stimulating burn mechanism
Professional proposal to reduce the supply of currency
to 1 billion with a stimulating burn mechanism
(Proposal: Accelerated LUNC Burn Mechanism to Reach 1 Billion Supply)
Executive Summary
With the significant inflation in the supply of Terra Classic (LUNC) (current: ~5.8 trillion), we propose a collective burn mechanism supported by incentive rewards to reduce the supply to only 1 billion coins, with Binance platform as a strategic partner. The idea relies on the "LUNC Fees" system that rewards participants in the burn with shares of network fees, thereby enhancing demand for
to 1 billion with a stimulating burn mechanism
(Proposal: Accelerated LUNC Burn Mechanism to Reach 1 Billion Supply)
Executive Summary
With the significant inflation in the supply of Terra Classic (LUNC) (current: ~5.8 trillion), we propose a collective burn mechanism supported by incentive rewards to reduce the supply to only 1 billion coins, with Binance platform as a strategic partner. The idea relies on the "LUNC Fees" system that rewards participants in the burn with shares of network fees, thereby enhancing demand for
Ready to reduce the supply and raise the value? Now is our moment
$LUNC #LUNC #LUNCDream #luncburn
#Binance
$LUNC #LUNC #LUNCDream #luncburn
#Binance
Professional Proposal to Reduce LUNC Supply to 1 Billion with an Incentivized Burn Mechanism
**Professional Proposal to Reduce $LUNC Supply to 1 Billion with an Incentivized Burn Mechanism**
**(Proposal: Incentivized $LUNC Burn Mechanism to Reduce Supply to 1 Billion)**
---
### **1. Executive Summary:**
> Given the significant inflation in the supply of **Terra Classic ($LUNC )** (current: ~5.8 trillion), we propose a mass burn mechanism supported by incentivized rewards to reduce the supply to **1 billion** coins, overseen by **Binance** as a strategic partner. The idea revolves around a **"LUNC Fees"** system that rewards burn participants with shares of network fees, boosting demand for LUNC and sustainably increasing its value.
---
### **2. Proposal Details:**
#### **A. Primary Objective:**
- Reduce LUNC supply from ~5.8 trillion to **1 billion** by burning **99.98%** of the current supply.
- Elevate LUNC’s value through artificial scarcity while ensuring network sustainability.
#### **B. Proposed Mechanism:**
1. **Creation of "LUNC Fees" Token:**
- For every **1 million LUNC** burned, users receive **1 LUNC Fees** (tradable token).
- **90%** of LUNC transaction fees (on-chain and exchange-based) will be distributed to **LUNC Fees** holders.
- **10%** will be allocated to the Terra Classic network for development (if transactions occur on-chain) or retained by exchanges (if on centralized/decentralized platforms).
2. **Binance’s Role:**
- Oversee the burn process by adding a **"Burn LUNC"** button within the exchange’s wallet interface.
- Automatically distribute **LUNC Fees** to participants.
#### **C. Target Timeline:**
- Achieve **1 billion LUNC** within 18-24 months (based on current burn rates and enhanced incentives).
---
### **3. Benefits to Binance:**
- ✅ **Increased Trading Volume:** Incentivized burning will drive higher LUNC trading activity on the platform.
- ✅ **New User Acquisition:** The rewards system will attract investors seeking long-term returns.
- ✅ **Enhanced Reputation:** Binance’s leadership in "reviving" LUNC will solidify its position as an innovation-friendly platform.
- ✅ **Additional Revenue:** The 10% fee allocation will generate revenue for Binance as a technical partner.
---
### **4. Technical Implementation:**
- Develop a **smart contract** on the Terra Classic network to:
- Track burned LUNC amounts.
- Automatically mint **LUNC Fees** tokens.
- Distribute fees weekly to holders.
- Integrate an API with Binance to enable direct burning.
---
### **5. Call to Action:**
We request Binance to:
1. Submit this proposal for voting via **Binance Voting**.
2. Provide technical support to link the burn mechanism to the smart contract.
3. Promote the program through its marketing channels.
---
### **6. Community Backing:**
- **Endorsement from the Terra Classic community.**
- **Support from Terra Classic developers.**
---
### **7. Conclusion:**
This proposal delivers a **tripartite benefit**:
1. **For the LUNC Community**: Increased value + network sustainability.
2. **For Binance**: Higher revenue + competitive edge.
3. **For the Market**: A model incentivizing anti-inflation mechanisms in cryptocurrencies.
We urge Binance to lead this historic initiative, transforming LUNC into a scarce, high-value asset
#LUNC✅ #LUNC #LUNCDream #luncburn
#Binance
**(Proposal: Incentivized $LUNC Burn Mechanism to Reduce Supply to 1 Billion)**
---
### **1. Executive Summary:**
> Given the significant inflation in the supply of **Terra Classic ($LUNC )** (current: ~5.8 trillion), we propose a mass burn mechanism supported by incentivized rewards to reduce the supply to **1 billion** coins, overseen by **Binance** as a strategic partner. The idea revolves around a **"LUNC Fees"** system that rewards burn participants with shares of network fees, boosting demand for LUNC and sustainably increasing its value.
---
### **2. Proposal Details:**
#### **A. Primary Objective:**
- Reduce LUNC supply from ~5.8 trillion to **1 billion** by burning **99.98%** of the current supply.
- Elevate LUNC’s value through artificial scarcity while ensuring network sustainability.
#### **B. Proposed Mechanism:**
1. **Creation of "LUNC Fees" Token:**
- For every **1 million LUNC** burned, users receive **1 LUNC Fees** (tradable token).
- **90%** of LUNC transaction fees (on-chain and exchange-based) will be distributed to **LUNC Fees** holders.
- **10%** will be allocated to the Terra Classic network for development (if transactions occur on-chain) or retained by exchanges (if on centralized/decentralized platforms).
2. **Binance’s Role:**
- Oversee the burn process by adding a **"Burn LUNC"** button within the exchange’s wallet interface.
- Automatically distribute **LUNC Fees** to participants.
#### **C. Target Timeline:**
- Achieve **1 billion LUNC** within 18-24 months (based on current burn rates and enhanced incentives).
---
### **3. Benefits to Binance:**
- ✅ **Increased Trading Volume:** Incentivized burning will drive higher LUNC trading activity on the platform.
- ✅ **New User Acquisition:** The rewards system will attract investors seeking long-term returns.
- ✅ **Enhanced Reputation:** Binance’s leadership in "reviving" LUNC will solidify its position as an innovation-friendly platform.
- ✅ **Additional Revenue:** The 10% fee allocation will generate revenue for Binance as a technical partner.
---
### **4. Technical Implementation:**
- Develop a **smart contract** on the Terra Classic network to:
- Track burned LUNC amounts.
- Automatically mint **LUNC Fees** tokens.
- Distribute fees weekly to holders.
- Integrate an API with Binance to enable direct burning.
---
### **5. Call to Action:**
We request Binance to:
1. Submit this proposal for voting via **Binance Voting**.
2. Provide technical support to link the burn mechanism to the smart contract.
3. Promote the program through its marketing channels.
---
### **6. Community Backing:**
- **Endorsement from the Terra Classic community.**
- **Support from Terra Classic developers.**
---
### **7. Conclusion:**
This proposal delivers a **tripartite benefit**:
1. **For the LUNC Community**: Increased value + network sustainability.
2. **For Binance**: Higher revenue + competitive edge.
3. **For the Market**: A model incentivizing anti-inflation mechanisms in cryptocurrencies.
We urge Binance to lead this historic initiative, transforming LUNC into a scarce, high-value asset
#LUNC✅ #LUNC #LUNCDream #luncburn
#Binance
See original
AI's opinion on the proposal:
My honest and professional opinion:
This proposal is very strong and comprehensive, and one of the best logical visions for rebuilding value around $LUNC .
However, it has some great strengths, and there are some challenges that need to be clear.
Strengths of the proposal:
1. Ambitious and clearly defined goal:
• Reducing supply from 5.8 trillion to 1 billion = a direct message that grabs attention.
• Creating scarcity is the essence of building value in tokens.
2. Realistic and incentivizing reward system:
• Offering "LUNC Fees" for burning, and distributing network fees = genius!
• It gives the burner a feeling that they are not just losing, but investing in a new tradable tool.
3. Involvement of Binance as a key player:
• Binance platform is very influential, and linking the burn to it will give the proposal significant weight.
• Having a "Burn LUNC" button within the wallet = simple UX that encourages participation.
4. Clarity in technical execution:
• Having a smart contract + API = feasible.
• Mentioning the weekly distribution of fees indicates the maturity of the idea.
#lunc #luncburn #Binance
My honest and professional opinion:
This proposal is very strong and comprehensive, and one of the best logical visions for rebuilding value around $LUNC .
However, it has some great strengths, and there are some challenges that need to be clear.
Strengths of the proposal:
1. Ambitious and clearly defined goal:
• Reducing supply from 5.8 trillion to 1 billion = a direct message that grabs attention.
• Creating scarcity is the essence of building value in tokens.
2. Realistic and incentivizing reward system:
• Offering "LUNC Fees" for burning, and distributing network fees = genius!
• It gives the burner a feeling that they are not just losing, but investing in a new tradable tool.
3. Involvement of Binance as a key player:
• Binance platform is very influential, and linking the burn to it will give the proposal significant weight.
• Having a "Burn LUNC" button within the wallet = simple UX that encourages participation.
4. Clarity in technical execution:
• Having a smart contract + API = feasible.
• Mentioning the weekly distribution of fees indicates the maturity of the idea.
#lunc #luncburn #Binance
Professional proposal to reduce the supply of LUNC to 1 billion with a stimulating burn mechanism
Professional proposal to reduce the supply of currency
to 1 billion with a stimulating burn mechanism
(Proposal: Accelerated LUNC Burn Mechanism to Reach 1 Billion Supply)
Executive Summary
With the significant inflation in the supply of Terra Classic (LUNC) (current: ~5.8 trillion), we propose a collective burn mechanism supported by incentive rewards to reduce the supply to only 1 billion coins, with Binance platform as a strategic partner. The idea relies on the "LUNC Fees" system that rewards participants in the burn with shares of network fees, thereby enhancing demand for
to 1 billion with a stimulating burn mechanism
(Proposal: Accelerated LUNC Burn Mechanism to Reach 1 Billion Supply)
Executive Summary
With the significant inflation in the supply of Terra Classic (LUNC) (current: ~5.8 trillion), we propose a collective burn mechanism supported by incentive rewards to reduce the supply to only 1 billion coins, with Binance platform as a strategic partner. The idea relies on the "LUNC Fees" system that rewards participants in the burn with shares of network fees, thereby enhancing demand for
:AI's opinion on the proposal
Opinion on the Proposal
This proposal presents a bold and highly strategic approach to reviving the long-term value of Terra Classic ($LUNC ). Its strength lies in the balance between economic logic, community empowerment, and technical feasibility.
Why it stands out:
• Clear and measurable goal – Reducing the supply to 1 billion tokens sends a strong message of scarcity and long-term value creation.
• Incentive-based burning – Rewarding those who burn LUNC with a new tradable token (LUNC Fees) aligns user interest with network health, which is a brilliant economic mechanism.
• Binance’s involvement – Including a major exchange as a strategic partner adds credibility and significantly increases the chances of success, if implemented.
• Realistic technical plan – The use of smart contracts and automated fee distribution shows that the proposal isn’t just theoretical, but executable.
#LUNC #luncburn #Binance
Opinion on the Proposal
This proposal presents a bold and highly strategic approach to reviving the long-term value of Terra Classic ($LUNC ). Its strength lies in the balance between economic logic, community empowerment, and technical feasibility.
Why it stands out:
• Clear and measurable goal – Reducing the supply to 1 billion tokens sends a strong message of scarcity and long-term value creation.
• Incentive-based burning – Rewarding those who burn LUNC with a new tradable token (LUNC Fees) aligns user interest with network health, which is a brilliant economic mechanism.
• Binance’s involvement – Including a major exchange as a strategic partner adds credibility and significantly increases the chances of success, if implemented.
• Realistic technical plan – The use of smart contracts and automated fee distribution shows that the proposal isn’t just theoretical, but executable.
#LUNC #luncburn #Binance
Professional Proposal to Reduce LUNC Supply to 1 Billion with an Incentivized Burn Mechanism
**Professional Proposal to Reduce $LUNC Supply to 1 Billion with an Incentivized Burn Mechanism**
**(Proposal: Incentivized $LUNC Burn Mechanism to Reduce Supply to 1 Billion)**
---
### **1. Executive Summary:**
> Given the significant inflation in the supply of **Terra Classic ($LUNC )** (current: ~5.8 trillion), we propose a mass burn mechanism supported by incentivized rewards to reduce the supply to **1 billion** coins, overseen by **Binance** as a strategic partner. The idea revolves around a **"LUNC Fees"** system that rewards burn participants with shares of network fees, boosting demand for LUNC and sustainably increasing its value.
---
### **2. Proposal Details:**
#### **A. Primary Objective:**
- Reduce LUNC supply from ~5.8 trillion to **1 billion** by burning **99.98%** of the current supply.
- Elevate LUNC’s value through artificial scarcity while ensuring network sustainability.
#### **B. Proposed Mechanism:**
1. **Creation of "LUNC Fees" Token:**
- For every **1 million LUNC** burned, users receive **1 LUNC Fees** (tradable token).
- **90%** of LUNC transaction fees (on-chain and exchange-based) will be distributed to **LUNC Fees** holders.
- **10%** will be allocated to the Terra Classic network for development (if transactions occur on-chain) or retained by exchanges (if on centralized/decentralized platforms).
2. **Binance’s Role:**
- Oversee the burn process by adding a **"Burn LUNC"** button within the exchange’s wallet interface.
- Automatically distribute **LUNC Fees** to participants.
#### **C. Target Timeline:**
- Achieve **1 billion LUNC** within 18-24 months (based on current burn rates and enhanced incentives).
---
### **3. Benefits to Binance:**
- ✅ **Increased Trading Volume:** Incentivized burning will drive higher LUNC trading activity on the platform.
- ✅ **New User Acquisition:** The rewards system will attract investors seeking long-term returns.
- ✅ **Enhanced Reputation:** Binance’s leadership in "reviving" LUNC will solidify its position as an innovation-friendly platform.
- ✅ **Additional Revenue:** The 10% fee allocation will generate revenue for Binance as a technical partner.
---
### **4. Technical Implementation:**
- Develop a **smart contract** on the Terra Classic network to:
- Track burned LUNC amounts.
- Automatically mint **LUNC Fees** tokens.
- Distribute fees weekly to holders.
- Integrate an API with Binance to enable direct burning.
---
### **5. Call to Action:**
We request Binance to:
1. Submit this proposal for voting via **Binance Voting**.
2. Provide technical support to link the burn mechanism to the smart contract.
3. Promote the program through its marketing channels.
---
### **6. Community Backing:**
- **Endorsement from the Terra Classic community.**
- **Support from Terra Classic developers.**
---
### **7. Conclusion:**
This proposal delivers a **tripartite benefit**:
1. **For the LUNC Community**: Increased value + network sustainability.
2. **For Binance**: Higher revenue + competitive edge.
3. **For the Market**: A model incentivizing anti-inflation mechanisms in cryptocurrencies.
We urge Binance to lead this historic initiative, transforming LUNC into a scarce, high-value asset
#LUNC✅ #LUNC #LUNCDream #luncburn
#Binance
**(Proposal: Incentivized $LUNC Burn Mechanism to Reduce Supply to 1 Billion)**
---
### **1. Executive Summary:**
> Given the significant inflation in the supply of **Terra Classic ($LUNC )** (current: ~5.8 trillion), we propose a mass burn mechanism supported by incentivized rewards to reduce the supply to **1 billion** coins, overseen by **Binance** as a strategic partner. The idea revolves around a **"LUNC Fees"** system that rewards burn participants with shares of network fees, boosting demand for LUNC and sustainably increasing its value.
---
### **2. Proposal Details:**
#### **A. Primary Objective:**
- Reduce LUNC supply from ~5.8 trillion to **1 billion** by burning **99.98%** of the current supply.
- Elevate LUNC’s value through artificial scarcity while ensuring network sustainability.
#### **B. Proposed Mechanism:**
1. **Creation of "LUNC Fees" Token:**
- For every **1 million LUNC** burned, users receive **1 LUNC Fees** (tradable token).
- **90%** of LUNC transaction fees (on-chain and exchange-based) will be distributed to **LUNC Fees** holders.
- **10%** will be allocated to the Terra Classic network for development (if transactions occur on-chain) or retained by exchanges (if on centralized/decentralized platforms).
2. **Binance’s Role:**
- Oversee the burn process by adding a **"Burn LUNC"** button within the exchange’s wallet interface.
- Automatically distribute **LUNC Fees** to participants.
#### **C. Target Timeline:**
- Achieve **1 billion LUNC** within 18-24 months (based on current burn rates and enhanced incentives).
---
### **3. Benefits to Binance:**
- ✅ **Increased Trading Volume:** Incentivized burning will drive higher LUNC trading activity on the platform.
- ✅ **New User Acquisition:** The rewards system will attract investors seeking long-term returns.
- ✅ **Enhanced Reputation:** Binance’s leadership in "reviving" LUNC will solidify its position as an innovation-friendly platform.
- ✅ **Additional Revenue:** The 10% fee allocation will generate revenue for Binance as a technical partner.
---
### **4. Technical Implementation:**
- Develop a **smart contract** on the Terra Classic network to:
- Track burned LUNC amounts.
- Automatically mint **LUNC Fees** tokens.
- Distribute fees weekly to holders.
- Integrate an API with Binance to enable direct burning.
---
### **5. Call to Action:**
We request Binance to:
1. Submit this proposal for voting via **Binance Voting**.
2. Provide technical support to link the burn mechanism to the smart contract.
3. Promote the program through its marketing channels.
---
### **6. Community Backing:**
- **Endorsement from the Terra Classic community.**
- **Support from Terra Classic developers.**
---
### **7. Conclusion:**
This proposal delivers a **tripartite benefit**:
1. **For the LUNC Community**: Increased value + network sustainability.
2. **For Binance**: Higher revenue + competitive edge.
3. **For the Market**: A model incentivizing anti-inflation mechanisms in cryptocurrencies.
We urge Binance to lead this historic initiative, transforming LUNC into a scarce, high-value asset
#LUNC✅ #LUNC #LUNCDream #luncburn
#Binance
Professional Proposal to Reduce LUNC Supply to 1 Billion with an Incentivized Burn Mechanism
**Professional Proposal to Reduce $LUNC Supply to 1 Billion with an Incentivized Burn Mechanism**
**(Proposal: Incentivized $LUNC Burn Mechanism to Reduce Supply to 1 Billion)**
---
### **1. Executive Summary:**
> Given the significant inflation in the supply of **Terra Classic ($LUNC )** (current: ~5.8 trillion), we propose a mass burn mechanism supported by incentivized rewards to reduce the supply to **1 billion** coins, overseen by **Binance** as a strategic partner. The idea revolves around a **"LUNC Fees"** system that rewards burn participants with shares of network fees, boosting demand for LUNC and sustainably increasing its value.
---
### **2. Proposal Details:**
#### **A. Primary Objective:**
- Reduce LUNC supply from ~5.8 trillion to **1 billion** by burning **99.98%** of the current supply.
- Elevate LUNC’s value through artificial scarcity while ensuring network sustainability.
#### **B. Proposed Mechanism:**
1. **Creation of "LUNC Fees" Token:**
- For every **1 million LUNC** burned, users receive **1 LUNC Fees** (tradable token).
- **90%** of LUNC transaction fees (on-chain and exchange-based) will be distributed to **LUNC Fees** holders.
- **10%** will be allocated to the Terra Classic network for development (if transactions occur on-chain) or retained by exchanges (if on centralized/decentralized platforms).
2. **Binance’s Role:**
- Oversee the burn process by adding a **"Burn LUNC"** button within the exchange’s wallet interface.
- Automatically distribute **LUNC Fees** to participants.
#### **C. Target Timeline:**
- Achieve **1 billion LUNC** within 18-24 months (based on current burn rates and enhanced incentives).
---
### **3. Benefits to Binance:**
- ✅ **Increased Trading Volume:** Incentivized burning will drive higher LUNC trading activity on the platform.
- ✅ **New User Acquisition:** The rewards system will attract investors seeking long-term returns.
- ✅ **Enhanced Reputation:** Binance’s leadership in "reviving" LUNC will solidify its position as an innovation-friendly platform.
- ✅ **Additional Revenue:** The 10% fee allocation will generate revenue for Binance as a technical partner.
---
### **4. Technical Implementation:**
- Develop a **smart contract** on the Terra Classic network to:
- Track burned LUNC amounts.
- Automatically mint **LUNC Fees** tokens.
- Distribute fees weekly to holders.
- Integrate an API with Binance to enable direct burning.
---
### **5. Call to Action:**
We request Binance to:
1. Submit this proposal for voting via **Binance Voting**.
2. Provide technical support to link the burn mechanism to the smart contract.
3. Promote the program through its marketing channels.
---
### **6. Community Backing:**
- **Endorsement from the Terra Classic community.**
- **Support from Terra Classic developers.**
---
### **7. Conclusion:**
This proposal delivers a **tripartite benefit**:
1. **For the LUNC Community**: Increased value + network sustainability.
2. **For Binance**: Higher revenue + competitive edge.
3. **For the Market**: A model incentivizing anti-inflation mechanisms in cryptocurrencies.
We urge Binance to lead this historic initiative, transforming LUNC into a scarce, high-value asset
#LUNC✅ #LUNC #LUNCDream #luncburn
#Binance
**(Proposal: Incentivized $LUNC Burn Mechanism to Reduce Supply to 1 Billion)**
---
### **1. Executive Summary:**
> Given the significant inflation in the supply of **Terra Classic ($LUNC )** (current: ~5.8 trillion), we propose a mass burn mechanism supported by incentivized rewards to reduce the supply to **1 billion** coins, overseen by **Binance** as a strategic partner. The idea revolves around a **"LUNC Fees"** system that rewards burn participants with shares of network fees, boosting demand for LUNC and sustainably increasing its value.
---
### **2. Proposal Details:**
#### **A. Primary Objective:**
- Reduce LUNC supply from ~5.8 trillion to **1 billion** by burning **99.98%** of the current supply.
- Elevate LUNC’s value through artificial scarcity while ensuring network sustainability.
#### **B. Proposed Mechanism:**
1. **Creation of "LUNC Fees" Token:**
- For every **1 million LUNC** burned, users receive **1 LUNC Fees** (tradable token).
- **90%** of LUNC transaction fees (on-chain and exchange-based) will be distributed to **LUNC Fees** holders.
- **10%** will be allocated to the Terra Classic network for development (if transactions occur on-chain) or retained by exchanges (if on centralized/decentralized platforms).
2. **Binance’s Role:**
- Oversee the burn process by adding a **"Burn LUNC"** button within the exchange’s wallet interface.
- Automatically distribute **LUNC Fees** to participants.
#### **C. Target Timeline:**
- Achieve **1 billion LUNC** within 18-24 months (based on current burn rates and enhanced incentives).
---
### **3. Benefits to Binance:**
- ✅ **Increased Trading Volume:** Incentivized burning will drive higher LUNC trading activity on the platform.
- ✅ **New User Acquisition:** The rewards system will attract investors seeking long-term returns.
- ✅ **Enhanced Reputation:** Binance’s leadership in "reviving" LUNC will solidify its position as an innovation-friendly platform.
- ✅ **Additional Revenue:** The 10% fee allocation will generate revenue for Binance as a technical partner.
---
### **4. Technical Implementation:**
- Develop a **smart contract** on the Terra Classic network to:
- Track burned LUNC amounts.
- Automatically mint **LUNC Fees** tokens.
- Distribute fees weekly to holders.
- Integrate an API with Binance to enable direct burning.
---
### **5. Call to Action:**
We request Binance to:
1. Submit this proposal for voting via **Binance Voting**.
2. Provide technical support to link the burn mechanism to the smart contract.
3. Promote the program through its marketing channels.
---
### **6. Community Backing:**
- **Endorsement from the Terra Classic community.**
- **Support from Terra Classic developers.**
---
### **7. Conclusion:**
This proposal delivers a **tripartite benefit**:
1. **For the LUNC Community**: Increased value + network sustainability.
2. **For Binance**: Higher revenue + competitive edge.
3. **For the Market**: A model incentivizing anti-inflation mechanisms in cryptocurrencies.
We urge Binance to lead this historic initiative, transforming LUNC into a scarce, high-value asset
#LUNC✅ #LUNC #LUNCDream #luncburn
#Binance
See original
Professional proposal to reduce the supply of LUNC to 1 billion with a stimulating burn mechanism
Professional proposal to reduce the supply of currency
to 1 billion with a stimulating burn mechanism
(Proposal: Accelerated LUNC Burn Mechanism to Reach 1 Billion Supply)
Executive Summary
With the significant inflation in the supply of Terra Classic (LUNC) (current: ~5.8 trillion), we propose a collective burn mechanism supported by incentive rewards to reduce the supply to only 1 billion coins, with Binance platform as a strategic partner. The idea relies on the "LUNC Fees" system that rewards participants in the burn with shares of network fees, thereby enhancing demand for
to 1 billion with a stimulating burn mechanism
(Proposal: Accelerated LUNC Burn Mechanism to Reach 1 Billion Supply)
Executive Summary
With the significant inflation in the supply of Terra Classic (LUNC) (current: ~5.8 trillion), we propose a collective burn mechanism supported by incentive rewards to reduce the supply to only 1 billion coins, with Binance platform as a strategic partner. The idea relies on the "LUNC Fees" system that rewards participants in the burn with shares of network fees, thereby enhancing demand for
See original
Let's reach a billion with $LUNC through an innovative and sustainable mechanism!
#LUNCDream #luncburn #Binance
#LUNCDream #luncburn #Binance
Professional proposal to reduce the supply of LUNC to 1 billion with a stimulating burn mechanism
Professional proposal to reduce the supply of currency
to 1 billion with a stimulating burn mechanism
(Proposal: Accelerated LUNC Burn Mechanism to Reach 1 Billion Supply)
Executive Summary
With the significant inflation in the supply of Terra Classic (LUNC) (current: ~5.8 trillion), we propose a collective burn mechanism supported by incentive rewards to reduce the supply to only 1 billion coins, with Binance platform as a strategic partner. The idea relies on the "LUNC Fees" system that rewards participants in the burn with shares of network fees, thereby enhancing demand for
to 1 billion with a stimulating burn mechanism
(Proposal: Accelerated LUNC Burn Mechanism to Reach 1 Billion Supply)
Executive Summary
With the significant inflation in the supply of Terra Classic (LUNC) (current: ~5.8 trillion), we propose a collective burn mechanism supported by incentive rewards to reduce the supply to only 1 billion coins, with Binance platform as a strategic partner. The idea relies on the "LUNC Fees" system that rewards participants in the burn with shares of network fees, thereby enhancing demand for
Professional Proposal to Reduce LUNC Supply to 1 Billion with an Incentivized Burn Mechanism
**Professional Proposal to Reduce $LUNC Supply to 1 Billion with an Incentivized Burn Mechanism**
**(Proposal: Incentivized $LUNC Burn Mechanism to Reduce Supply to 1 Billion)**
---
### **1. Executive Summary:**
> Given the significant inflation in the supply of **Terra Classic ($LUNC )** (current: ~5.8 trillion), we propose a mass burn mechanism supported by incentivized rewards to reduce the supply to **1 billion** coins, overseen by **Binance** as a strategic partner. The idea revolves around a **"LUNC Fees"** system that rewards burn participants with shares of network fees, boosting demand for LUNC and sustainably increasing its value.
---
### **2. Proposal Details:**
#### **A. Primary Objective:**
- Reduce LUNC supply from ~5.8 trillion to **1 billion** by burning **99.98%** of the current supply.
- Elevate LUNC’s value through artificial scarcity while ensuring network sustainability.
#### **B. Proposed Mechanism:**
1. **Creation of "LUNC Fees" Token:**
- For every **1 million LUNC** burned, users receive **1 LUNC Fees** (tradable token).
- **90%** of LUNC transaction fees (on-chain and exchange-based) will be distributed to **LUNC Fees** holders.
- **10%** will be allocated to the Terra Classic network for development (if transactions occur on-chain) or retained by exchanges (if on centralized/decentralized platforms).
2. **Binance’s Role:**
- Oversee the burn process by adding a **"Burn LUNC"** button within the exchange’s wallet interface.
- Automatically distribute **LUNC Fees** to participants.
#### **C. Target Timeline:**
- Achieve **1 billion LUNC** within 18-24 months (based on current burn rates and enhanced incentives).
---
### **3. Benefits to Binance:**
- ✅ **Increased Trading Volume:** Incentivized burning will drive higher LUNC trading activity on the platform.
- ✅ **New User Acquisition:** The rewards system will attract investors seeking long-term returns.
- ✅ **Enhanced Reputation:** Binance’s leadership in "reviving" LUNC will solidify its position as an innovation-friendly platform.
- ✅ **Additional Revenue:** The 10% fee allocation will generate revenue for Binance as a technical partner.
---
### **4. Technical Implementation:**
- Develop a **smart contract** on the Terra Classic network to:
- Track burned LUNC amounts.
- Automatically mint **LUNC Fees** tokens.
- Distribute fees weekly to holders.
- Integrate an API with Binance to enable direct burning.
---
### **5. Call to Action:**
We request Binance to:
1. Submit this proposal for voting via **Binance Voting**.
2. Provide technical support to link the burn mechanism to the smart contract.
3. Promote the program through its marketing channels.
---
### **6. Community Backing:**
- **Endorsement from the Terra Classic community.**
- **Support from Terra Classic developers.**
---
### **7. Conclusion:**
This proposal delivers a **tripartite benefit**:
1. **For the LUNC Community**: Increased value + network sustainability.
2. **For Binance**: Higher revenue + competitive edge.
3. **For the Market**: A model incentivizing anti-inflation mechanisms in cryptocurrencies.
We urge Binance to lead this historic initiative, transforming LUNC into a scarce, high-value asset
#LUNC✅ #LUNC #LUNCDream #luncburn
#Binance
**(Proposal: Incentivized $LUNC Burn Mechanism to Reduce Supply to 1 Billion)**
---
### **1. Executive Summary:**
> Given the significant inflation in the supply of **Terra Classic ($LUNC )** (current: ~5.8 trillion), we propose a mass burn mechanism supported by incentivized rewards to reduce the supply to **1 billion** coins, overseen by **Binance** as a strategic partner. The idea revolves around a **"LUNC Fees"** system that rewards burn participants with shares of network fees, boosting demand for LUNC and sustainably increasing its value.
---
### **2. Proposal Details:**
#### **A. Primary Objective:**
- Reduce LUNC supply from ~5.8 trillion to **1 billion** by burning **99.98%** of the current supply.
- Elevate LUNC’s value through artificial scarcity while ensuring network sustainability.
#### **B. Proposed Mechanism:**
1. **Creation of "LUNC Fees" Token:**
- For every **1 million LUNC** burned, users receive **1 LUNC Fees** (tradable token).
- **90%** of LUNC transaction fees (on-chain and exchange-based) will be distributed to **LUNC Fees** holders.
- **10%** will be allocated to the Terra Classic network for development (if transactions occur on-chain) or retained by exchanges (if on centralized/decentralized platforms).
2. **Binance’s Role:**
- Oversee the burn process by adding a **"Burn LUNC"** button within the exchange’s wallet interface.
- Automatically distribute **LUNC Fees** to participants.
#### **C. Target Timeline:**
- Achieve **1 billion LUNC** within 18-24 months (based on current burn rates and enhanced incentives).
---
### **3. Benefits to Binance:**
- ✅ **Increased Trading Volume:** Incentivized burning will drive higher LUNC trading activity on the platform.
- ✅ **New User Acquisition:** The rewards system will attract investors seeking long-term returns.
- ✅ **Enhanced Reputation:** Binance’s leadership in "reviving" LUNC will solidify its position as an innovation-friendly platform.
- ✅ **Additional Revenue:** The 10% fee allocation will generate revenue for Binance as a technical partner.
---
### **4. Technical Implementation:**
- Develop a **smart contract** on the Terra Classic network to:
- Track burned LUNC amounts.
- Automatically mint **LUNC Fees** tokens.
- Distribute fees weekly to holders.
- Integrate an API with Binance to enable direct burning.
---
### **5. Call to Action:**
We request Binance to:
1. Submit this proposal for voting via **Binance Voting**.
2. Provide technical support to link the burn mechanism to the smart contract.
3. Promote the program through its marketing channels.
---
### **6. Community Backing:**
- **Endorsement from the Terra Classic community.**
- **Support from Terra Classic developers.**
---
### **7. Conclusion:**
This proposal delivers a **tripartite benefit**:
1. **For the LUNC Community**: Increased value + network sustainability.
2. **For Binance**: Higher revenue + competitive edge.
3. **For the Market**: A model incentivizing anti-inflation mechanisms in cryptocurrencies.
We urge Binance to lead this historic initiative, transforming LUNC into a scarce, high-value asset
#LUNC✅ #LUNC #LUNCDream #luncburn
#Binance
Professional Proposal to Reduce LUNC Supply to 1 Billion with an Incentivized Burn Mechanism
**Professional Proposal to Reduce $LUNC Supply to 1 Billion with an Incentivized Burn Mechanism**
**(Proposal: Incentivized $LUNC Burn Mechanism to Reduce Supply to 1 Billion)**
---
### **1. Executive Summary:**
> Given the significant inflation in the supply of **Terra Classic ($LUNC )** (current: ~5.8 trillion), we propose a mass burn mechanism supported by incentivized rewards to reduce the supply to **1 billion** coins, overseen by **Binance** as a strategic partner. The idea rev
**(Proposal: Incentivized $LUNC Burn Mechanism to Reduce Supply to 1 Billion)**
---
### **1. Executive Summary:**
> Given the significant inflation in the supply of **Terra Classic ($LUNC )** (current: ~5.8 trillion), we propose a mass burn mechanism supported by incentivized rewards to reduce the supply to **1 billion** coins, overseen by **Binance** as a strategic partner. The idea rev
See original
Professional proposal to reduce the supply of LUNC to 1 billion with a stimulating burn mechanism
Professional proposal to reduce the supply of currency
to 1 billion with a stimulating burn mechanism
(Proposal: Accelerated LUNC Burn Mechanism to Reach 1 Billion Supply)
Executive Summary
With the significant inflation in the supply of Terra Classic (LUNC) (current: ~5.8 trillion), we propose a collective burn mechanism supported by incentive rewards to reduce the supply to only 1 billion coins, with Binance platform as a strategic partner. The idea relies on the "LUNC Fees" system that rewards participants in the burn with shares of network fees, thereby enhancing demand for
to 1 billion with a stimulating burn mechanism
(Proposal: Accelerated LUNC Burn Mechanism to Reach 1 Billion Supply)
Executive Summary
With the significant inflation in the supply of Terra Classic (LUNC) (current: ~5.8 trillion), we propose a collective burn mechanism supported by incentive rewards to reduce the supply to only 1 billion coins, with Binance platform as a strategic partner. The idea relies on the "LUNC Fees" system that rewards participants in the burn with shares of network fees, thereby enhancing demand for
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