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LUNC’s 1.2% tax burn may lead to a brighter future, what about the present
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The much-awaited 1.2% tax burn was implemented on the Terra Classic [LUNC] blockchain recently. Thus, giving massive hope to investors for the token’s revival. Though the protocol received much support from multiple crypto exchange platforms, including KuCoin, LUNC’s price did not correspond accordingly.
Moreover, just a day after the roll out, it was announced that LUNC’s 1.2% tax burn protocol was facing issues.
<p lang=«en» dir=«ltr» xml:lang=«en»>BREAKING:A couple major CEX's like @binance ran into issues implementing the onchain. That's why #LUNC volume has dropped off. Deposits and withdraws have been suspended.
Once the issue has been resolved, especially on Binance, burning and volume will explode ⚡️
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