KuCoin Will Support the Tax Burn Deduction of Terra Classic (LUNC) Network to 0.2%
04:21:29 19/10/2022
Dear KuCoin Users,
It is noticed that the Terra Classic (LUNC) community has passed Proposal 5234, which will lower the tax burn of the Terra Classic (LUNC) network to 0.2%.
Therefore, KuCoin will support the tax burn deduction of Terra Classic (LUNC) and Terra Classic USD (USTC) tokens when the 0.2% tax burn goes live at the Terra Classic block height of 9,878,400.
Related follow-ups to this subject will be announced separately as soon as possible.
For further information about the 0.2% Tax Burn Deduction, please refer to Proposal 5234.
Thank you for your support!
The KuCoin Team
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