LUNC burns are driven by taxes derived from on-chain transactions, and donations that are sent to the official burn wallet.
Changes to total supply of LUNC from on-chain sources are largely derived from taxes, and are are a bellweather for the health of the chain. More utility = more taxes = more LUNC burned 🔥
|Rank||Owner||LUNC Burned||% Total||Wallet Address|
|1||Binance||43,475,262,757||52.3%||terra18vnrzlzm2c4xfsx382pj2xndqtt00rvhu24sqe||See all burns|
|2||LunaticsToken||1,976,175,010||2.4%||terra1sq6th05hdwwwxvymzytc93lvhjxyx4pkjurhgj||See all burns|
|3||DFLUNC Protocol||1,885,286,920||2.3%||terra1g9htux72h5nj5c0hpzely3rqwnryzmy22xlxpu||See all burns|
|4||MEXC||1,017,243,371||1.2%||terra1w8nc8ev0ylg97qnj080np4lnljngdvpd90ev63||See all burns|
|5||LUNCDAO||457,758,001||0.6%||terra13s4gwzxv6dycfctvddfuy6r3zm7d6zklynzzj5||See all burns|
|6||Cremation Coin||409,839,401||0.5%||terra1vwchc3pkrxn8kahd0g9wxd8zjr0drnduzkn4z3||See all burns|
|7||AllNodes||344,354,637||0.4%||terra120ppepaj2lh5vreadx42wnjjznh55vvktwj679||See all burns|
|8||DFLUNC Protocol||233,142,982||0.3%||terra1e0d5zw24mer6kjg727fr037ma0p2svcg3xd0zg||See all burns|
|9||TerraCasino||211,980,571||0.3%||terra153mwt0upple9klvrryrtckx9vneguw6ja33d3c||See all burns|
|10||DFLUNC Protocol||175,708,124||0.2%||terra1nzk97ymgd3rfx75wgmldcuxgat5gckmfy89308||See all burns|
Like many, I lost big during the Terra collapse. I didn't panic sell when UST de-pegged, and consequently lost a huge portion of my savings. It was a hard lesson to learn.
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