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  4. Terra to Burn $4.5 Billion Worth of LUNA From Community Pool

Terra to Burn $4.5 Billion Worth of LUNA From Community Pool

anthonypomppompliano
2022-10-21 10:54:32

Terra, an algorithmic stablecoin project, will burn $4.5 billion worth of terra (LUNA), its native token, from its community pool. The decision was taken using the on-chain governance system, and according to proposals 133 and 134, the LUNA will be burned and swapped for... See more for yourself here.

Post Reply  
bellawilson
2022-10-21 11:08:25

very good news for holders of these coins, now I can understand why such a large increase has occurred recently, I need to buy a few more of these coins, I think the growth will continue ;D