Terra Luna Classic (LUNCUSD)

[xZx]

yes, the really nice thing about a buy/sell tax on transactions is those holding won't pay a thing. and the tax could be in effect for a short time, just long enough to erase kwon's dilution, then once the supply is small again, the tax disappears.

it's not clear how it would be implemented on a CEX (centralized exchange) since all of them (binance, etc) run their transactions on a sidechain, not the blockchain itself.

MEXC has been using their fees as a burn for LUNC lately. i hope more exchanges follow their lead.

MEXC is proud to be the first CEX to launch a #LUNA buy back & burn plan with trading fee recieved from the pair, with the aim to helping with the recovery of the token price. It is nowhere near huge but this is what we can do to lay the helping hand on all #LUNC hodlers. pic.twitter.com/RmDzHzHBqy

— MEXC Pioneer (@MEXCPioneer) May 30, 2022

With DEXs (decentralized exchanges) the smartcontract is used for each transaction, as is the blockchain (BSC, ETH, etc) so if the contract were changed to include a tax it would be very smooth and easy. and it could also be reverted when no longer needed.

Whatever works. I am for the buy and burn tax. And yes, I will pay 2% for new shares that I will buy, if I buy more. I am okay with that. You are not saying tax all lunc holdings 2% right? Its like a transaction tax you are talking about. I am cool with a burn and transaction tax.