Binance Suspends Terra Classic  (LUNC)

Binance Suspends Terra Classic (LUNC)

The world’s largest crypto exchange Binance has temporarily suspended the burning of Terra Classic (LUNC) trading fees until March 2023.

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The move comes following the developments around Proposals 10983 and 11111 to fund the commodity pool.

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The exchange said they are making changes to its LUNC burn mechanism

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Thus, From December 28, Binance will burn 50% of the LUNC spot and margin trading fees instead of 100%.

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