CandleFocus LUNC News: Terra Luna Classic Burns 726 Million USTC From Anchor Protocol
2024-09-21
Author: Content Editor
The Terra Luna Classic community has recently approved proposal 12135 to burn over 726 million USTC tokens in Anchor Protocol through contract migration. This move follows Terraform Labs (TFL) being authorized by a US bankruptcy court to cease operations. As a result, the community anticipates numerous burns of LUNC and USTC tokens in various related projects.
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