Anuncios Gate.io Blog：Bet On 1 USD‘s Future with Burning -- What Is the LUNC Tax Burning Proposal

Gate.io Blog：Bet On 1 USD‘s Future with Burning -- What Is the LUNC Tax Burning Proposal

2022-09-07 10:24:20 UTC 46743 Leído

【TL; DR】

🔹 The generous staking mechanism and the 1.2% tax burning proposal effectively helped LUNC price soar.

🔹 1.2% tax burning is difficult to promote in centralized exchanges.

🔹 Can LUNC holders make profits based on "burning"?

The surge adverse the long-cycle bear market can always inspire people. The recent proposal of Terra Classic tax burning caused a sensation in the community and pushed LUNC to the price peak at one stroke.

The surge adverse the market originated from a generous staking mechanism launched by Terra Classic on August 27. Users can obtain an annual interest rate of 37.8% if they entrust the LUNC to the validator. Within 24 hours after the release of this mechanism, LUNCs exceeding 1% of the supply of LUNCs have been staked. In addition, the tax burning proposal adds another catalyst to the rising momentum of LUNC.

For more details, please refer to our blog post：Bet On 1 USD‘s Future with Burning -- What Is the LUNC Tax Burning Proposal

Gate.io Featured Articles

August 2022 | Gate.io Monthly Featured Articles and Market Highlights

"Memecoins" Gear up to Rush to the Moon, Concerns about the Ethereum Merge Remain
Will ApeCoin Become the Mainstream Payment Currency?

Gate.io Blog

As a new information section of Gate.io, the Gate.io blog function will provide users with all-round investment support. It will offer the most timely information in the industry, as well as informative columns, exclusive research reports, interesting encyclopedia info, and other high-quality content. All of these combined will enable you to grasp the most valuable and high-quality information without leaving home.

We invite you to experience and bookmark this blog, in order to get essential investors tips.

Website: https://www.gate.io/blog/bloglist
*App will be launched soon, please keep an eye out for it!

Blog entry: Gate.io main menu bar "More Details - Gate Blog"

Gate.io Blog will be updated at regular intervals. Stay tuned!

Sign up to enter the crypto gateway and get 40% commission from referrals

Download iOS/Android App right now.

Reach out to us!

Twitter: https://twitter.com/gate_io

Telegram: https://t.me/gate_zh

Instagram：https://www.instagram.com/gateioglobal

Medium：https://medium.com/@gateio
Podcast: https://gateio.buzzsprout.com/?ch=buzzs

Gate.io Team
September 7