THE OFFICIAL EXCHANGE BURN PARTNERSHIP PROGRAM
Calling all exchanges to join the official 0.5% Luna Classic spot trade burn program.
Following the community vote on governance proposal 11824, the #GlobalLUNCBurnProgram is official! The 99.3% vote of confidence establishes the program as the first and only official exchange burn partnership program to be implemented uniformly across all exchange platforms for the purpose of decreasing LUNC supply.
Our Partners
WHAT THIS PROGRAM OFFERS:
Wallet Whitelisting
Participating exchanges are granted wallet whitelisting to tax-exempt their wallets. This enables investors to transfer coins to the participating exchange, tax-free. It also permits the exchange to move coins tax-free between their internal wallets.
Simple Implementation
The implementation is straightforward with minimal complexity
Spot Trade Tax
Wallet whitelisting is provided on the condition that a 0.5% burn tax on LUNC and USTC sell trades is implemented, applicable to both spot and futures trading.
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Withdrawals to non-whitelisted wallets will remain subject to tax.