MEXC will support the 1.2% tax burn proposal of the Terra Classic (LUNC) community.
Details are as follows:
- MEXC will support the 1.2% tax burn when the proposal is officially approved and implemented on Terra Classic (LUNC) mainnet.
- Services will remain unchanged on MEXC if the proposal fails to get approved.
- To avoid the potential increase of the deposit fee cost, we strongly suggest users to deposit all the mainnet Terra Classic (LUNC) tokens into MEXC before September 12, 2022.
- Related follow-ups to this subject will be announced separately as soon as possible.
Learn More: Proposal for the 1.2% Tax Parameter Change
For the ongoing burning event for LUNC spot trading fees, please refer to: MEXC Will Support LUNC Upgrade and Burning of LUNC Spot Trading Fees
Thanks for your support!
Users are strongly advised to do their own research before participating. Nothing herein shall be construed as financial advice or recommendation to participate in the associated network. The price of the project token may fluctuate greatly due to market conditions and other factors. Withdrawal for the project token may be suspended (fully/partially) due to the token mechanism.
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The MEXC Team
7 September 2022