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Major Token Burn on the Horizon for Terra Ecosystem 

Major Token Burn on the Horizon for Terra Ecosystem 


Coinpedia
2024-06-13 13:39:06

The post Major Token Burn on the Horizon for Terra Ecosystem  appeared first on Coinpedia Fintech News The Terra ecosystem is set for a significant shakeup as a major token burn is coming. The TerraForm Labs (TFL) team has announced plans to burn all unvested LUNA tokens. Additionally, the team will burn any vested LUNA remaining in TFL’s wallets. This move promises a dramatic reduction in the supply of LUNA and LUNC …


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