LUNC in July: 12B token burn, Tax2Gas implementation sets price target at $0.0001

The Terra Luna Classic community will vote to destroy 12 billion LUNC tokens and 68 million USTC assets. The project will burn the coins from the Lido DAO dispatcher and Anchor bLuna contracts. The move is part of an ongoing initiative to remove USTC and LUNC from the circulating supply, with the $1 price mark

Source: Invezz