DFLunc Protocol Burns Millions of Tokens to Focus on Block Entropy AI App Chain, Plans to Deflate Terra Classic Supply Rapidly

05/27 15:00

DFLunc, a decentralized finance protocol, has burned millions of LUNC tokens to acquire Block Entropy TestNet tokens for Edward Kim's AI app chain. The tokens were sent through a different address with "entropy" in the memo field of transactions, instead of being sent directly from user wallets to the burn address. After testing on LUNC L1 TestNet and passing a governance proposal, Interchain Accounts (ICA) will be incorporated into Terra Classic with the coordination of Edward Kim and Joint L1 Task Force. The community has burned a total of $60 billion worth of LUNC tokens, with the burn rate increasing due to the community's decision to increase the burn tax to 0.5%. Additionally, our website features an updated list of the top crypto marketing firms and agencies for 2023, including Terra Classic and LUNC, as well as the top 10 Web3 games to explore in the coming year.
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