2022-9-8 19:56 |
In an attempt to revive the failed Terra blockchain’s LUNC token, the approved proposal will tax and destroy 1.2% of every transaction to reduce supply.
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Terra Classic is determined to make a strong comeback and there are many roadblocks ahead. One of those challenges is the inflated LUNC supply due to the excessive minting when LUNA and UST crashed.
2022-7-18 10:00 | |
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Terra Luna 2. 0 went live on exchanges last night, and traders have mixed feelings regarding LUNC and LUNA. Some remain hopeful that LUNA 2. 0 will reach prices as high as $50, while others are on Terra Classic’s side, encouraging users and exchanges to burn the token to reduce the enormous supply of the cryptocurrency.
2022-5-31 16:47 | |
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The proposal highlighted that the burn may help restore the UST dollar peg by burning the excess supply.
2022-5-28 12:19 | |
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MEXC Global has pledged to carry out a month-long buyback-and-burn to reduce the circulating supply of the old Terra markets.
2022-5-27 13:59 | |
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The supply of tokens on the new blockchain will be just over 116 million, developers said.
2022-5-26 13:36 | |
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LUNA token has lost 100% of its value in the last seven days
2022-5-16 12:56 | |
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The circulating supply of LUNA tokens is now over 6.5 trillion as the networks death spiral continues. Terra Resumes Block Production The Terra network has restarted for the second time...
2022-5-13 18:25 | |
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There is now 6.9 trillion LUNA in circulation, while the coin’s value is practically zero in U.S. dollar terms.
2022-5-14 11:36 | |
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Significant increase in supply puts additional selling pressure on LUNA, causing price decline
2022-5-12 18:10 | |
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Excessive Terra supply coupled with UST supply contraction coincides with LUNA’s price decline.
2022-5-9 15:54 | |
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To keep up with the demand for Terra’s UST stablecoin, LUNA tokens are burned to maintain the $1 peg. All things being equal, less supply could help to support the price.
2022-4-28 20:40 | |
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Bitcoin slipped beneath the $44k area and retested it as an area of supply the previous day, and there was selling seen across the crypto market. Terra and STEPN have been on a downtrend on the lower The post Terra, STEPN, Waves Price Analysis: 09 April appeared first on AMBCrypto.
2022-4-9 13:30 | |
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Larix is now offering the highest $UST supply APR and the lowest $UST borrow APR in Solana (SOL/USD) with no borrowing fees, according to a post on the official website of the project. Larix is the first metaverse based finance protocol on Solana, supported by Terra (LUNA/USD) and Wormhole.
2022-3-7 11:18 | |
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As predicted by Terra CEO Do Kwon earlier this year, the stablecoin TerraUSD (UST) has reached 10 billion supply before 2021 has been over. “UST marketcap is now $10B, the first decentralized stablecoin to achieve this milestone.
2021-12-28 17:07 | |
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Meanwhile, net ETH emissions for November recorded the lowest ever since EIP-1559’s implementation in early August. The post Terra Stablecoin Supply Surges by B In Under A Month, Bitcoin in Macro’s Clutches, SHIB Added to Balance Sheet first appeared on BitcoinExchangeGuide.
2021-12-2 16:41 | |
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The crypto market has been quite busy over the past month, not just in terms of bullish gains, but also in developments across major networks. Terra has been one of the networks striving to achieve value and has recently launched a token-burning initiative.
2021-10-27 15:16 | |
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Do Kwon, co-founder and CEO of Terraform Labs, the South Korean company behind the blockchain project Terra (LUNA), recently announced on Twitter that the on-chain vote for the project’s proposal 44 will be initiated on Wednesday and will be in a voting period for two weeks.
2021-10-26 05:30 | |
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The algorithmically-governed stablecoin platform Terra is proposing to burn 90 million LUNA, worth $4 billion at current prices and about 10% of the total supply, in the community pool to mint UST stablecoin for the network’s insurance protocol Ozone.
2021-10-23 18:17 | |
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As demand for UST rises with more projects joining the Terra ecosystem, it will accelerate “the expansion of the stablecoin supply and accruing value to LUNA holders,” said co-founder Do Kwon. The post Over 160 Projects Are Launching on Terra by Early Next Year to ‘Amplify Demand for UST’ and Send it to Bln, says Founder first appeared on BitcoinExchangeGuide.
2021-10-18 19:43 | |
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Pyth Network, the first cross-chain oracle capable of delivering real-time, institutional-grade market data, has gone live yesterday on the Solana Mainnet, as per a release shared with CryptoSlate.
2021-8-26 13:00 | |
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State of Wisconsin Investment Board (SWIB) has disclosed it bought almost $100 million of BlackRock’s Bitcoin ETF $IBIT. The state pension disclosed the holdings in a 13F on Tuesday. Senior ETF analyst Eric Balchunas says these filings suggest more firms are set to buy spot Bitcoin ETFs.
“Roaring Kitty is living proof that retail can mog (outperform) institutions at the highest level,” one meme coin developer said.
Coinbase faces a system-wide outage but ensures users that funds remain secure as its team investigates the issue. The post Coinbase claims full recovery after system-wide outage appeared first on Crypto Briefing.
Previous outflows hovered around the $6 million mark, signaling a significant uptick in negative flows on Monday.
Stocks related to Keith Gill surged while opportunistic developers issued scores of meme coins on various blockchains to capitalize on the hype.
The announcement comes at a time when Japan's fiscal crisis is said to be playing out in the currency market.
WIF price is expected to note a surge after breaking out of the rising channel it is in given the meme coin is noting support from its investors. The post These Are the Chances of Dogwifhat (Wif) Price Seeing a 21% Rise appeared first on BeInCrypto.