Terra Luna Classic Community Approves Proposal for KYC Procedures
LUNC community approves Proposal 12033 for mandatory KYC, enhancing Terra Luna Classic's security and fostering confidence.

LUNC community approves Proposal 12033 for mandatory KYC, enhancing Terra Luna Classic's security and fostering confidence.
The Terra Classic ($LUNC) community has recently burned more than 1.1 billion tokens, valued at over $100,000, bringing the total supply of the cryptocurrency down to 6.812,67 trillion
This is primarily done so that Terra Classic can compete with other blockchains.
LUNA and LUNC have completed an A-B-C corrective structure.
The correction has pushed LUNC to rank as the worst-performing asset among cryptocurrencies tracked by CoinMarketCap over the 24 hours.
In an attempt to revive the failed Terra blockchain’s token, the approved proposal will destroy 1.2% of every transaction to reduce supply.