The Terra Classic (LUNC) community has not relented in its mission to reduce the asset’s circulating supply, as over 5 million tokens have been incinerated so far this week. Most of these tokens were incinerated by validator LUNC DAO and the recently-launched project Cremation Coin.
Data from LUNC Dash puts the total incinerated tokens this week at 5.3 million LUNC. Of this figure, Cremation Coin accounts for 3.3 million tokens, representing 61% of the total.
Terra Finder said the Cremation Coin burn transaction occurred today at 04:30 (UTC). The transaction is the largest single burn transaction in the past seven days and represents the project’s latest effort at supporting the burning campaign. The project incinerated 3.39 million tokens last Tuesday.
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