Terra Luna Classic (LUNCUSD)

[xZx]

it's a 2% burn on all transactions. so if daily dollar volume is $200M USD then the burn would eliminate $4M USD of LUNC per day.

to find the token amount per day, divide $4M by the current price of .00010138, which is 39,455,513,908 tokens per day.

take the total circulation of 6.54 trillion tokens and divide it by that daily burn and it's easy to see how fast the supply would disappear.

our 24 volume now is lower than it was several days ago, and any announcement about this transaction tax burn method would bring in lots of new money, the price would rise, the burning would ramp up, and that would create even more FOMO.

i'd guess conservatively the burn process to get back to where we were pre-crash would take a few months. that's still very fast.