Terra Classic community proposal suggests burning 800 million USTC

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2024/02/20 05:33

A proposal from the Terra Classic (LUNC) community suggests burning 800 million USTC. There is a clear division within the Terra Classic community on this matter, and the current proposal seeks to address this dilemma by implementing contract migration, which would transfer control of the assets to more active developers who can then carry out the burn operation. If the proposal is voted through, the supply of USTC will decrease from the current 8.96 billion to 8.1 billion coins.

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