$LUNC major proposal to lower burn tax passes, here's what comes next lunc lunaclassic terra dokwon luncarmy lunccommunity luncburning luncpenguins
to reduce the LUNC burning tax to 0.2%. In addition, the community took a positive decision to allocate 10% of the tax revenue to fund ecosystem development and payments to contributors. A vote in favor of the relevant proposal garnered the necessary 75% of votes inThere were several reasons for such an initiative. The decision follows a significant 91.67% drop in on-chain transaction volume after the initial burn tax was implemented.
Now that the vote has passed, it remains to be seen what the reaction of the centralized exchanges that introduced the tax will be. The
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